GOVERNMENT OF WEST BENGAL
Education (Budget Branch) Department
Writers’ Building, Calcutta-1
No. 496-Edn. /1M-39/91, Dated, Calcutta, the 16th December, 1991
MEMORANDUM
Sub. : Change of option in terms of Memo No. 136-Edn. dated 15.5.85.
1. The undersigned is directed by order of the Governor to say that after careful reconsideration of the matter the Governor has been pleased to allow, in relaxation of the provision contained in para 5 (a) of the Memo No, 136-Edn. dated 15.5.85 and in partial modification of the Memo No. 148-Edn. dated 31.5.90, the approved teaching and non-teaching employees
of aided Non-Govt. educational institutions who opted for Contributory Provident Fund-cum-Gratuity, to exercise revised option for pension including Family Pension-cum-Gratuity subject to the condition that employer’s share of contribution together with interest and additional interest shall be refunded to the Government forthwith.
2. The revised option as per this memo will have to be exercised within 90 days from the date of issue of this memo. The fresh option so exercised shall be final and no further change of option will be allowed.
3. This order issues with the concurrence of Finance Department vide their U.O. No. Group J (Pen.)-825 dated 31.10.91.
4. All concerned are being informed accordingly.
Sd/- H. P. Mukhopadhyay
Joint Secretary to the
Government of West Bengal.
