Establishmentof pension scheme and Widows' and Orphans pension fund
37. The Minister may in consultation with the Minister in charge of the subject of Finance, establish a pension scheme and a Widows' and Orphans' Pension Fund as an alternative. Or in addition, to the Provident Fund established by the University under this Part. By laws may be made by the University for the regulation, administration and management of such pension scheme and such Widows* and Orphans' Pension Fund. |