Government of the Punjab, Technical Education & Vocational Training Authority has issued Notification No. TEVTA/Admn/Regularization/20-2016 dated 11-03-2016 in connection with Regularization of TEVTA Employees.
In pursuance of approval of TEVTA Board in its 47th meeting held on 21-03-2013 and in provision of rule 11(3) of TEVTA Rules 2011, all TEVTA Employees appointed under TEVTA service regulations are hereby regularized with immediate effect alongwith the following benefits:
Pensionable service of all TEVTA Employees appointed under TEVTA Service Regulations is hereby started with immediate effect. The Punjab Government Pension Fund Rules and any amendment to be notified by the Punjab Government from time to time will be admissible.
The pension scheme is hereby started with immediate effect with pension fund Rs. 500,000 million already created for the purpose. The pension fund shall be invested under Punjab Pension Fund Investment Policy.
Leave Fare Assistance amount already admissible to TEVTA employees is hereby stopped with immediate effect and same would be contributed towards this pension fund. However current year LFA due to existing TEVTA employees shall be paid on proportionate basis from Last Drawn LFA to date.
Provident Fund Scheme is hereby started with immediate effect. This scheme shall be regulated under Punjab Provident Fund Rules 1978. No contribution by employer /authority shall be made Monthly contribution by employees shall be made as per rates notified by Government of the Punjab.
All E&D proceedings shall be carried out as laid down in Punjab Employees Efficiency, Discipline and Accountability Act 2006.
The services of all TEVTA employees shall remain to be regulated under TEVTA Services Regulations alongwith above benefits. Special thanks to Mr. Amir Tanveer for sending the copy of the Notification of Regularization of TEVTA Employees.