TERMINATION OF MEMBERSHIP

 

1. Membership of member shall be terminated if he

  • dismissed from service, or
  • voluntarily withdraws from membership; or
  • has failed to remit contribution for six months; or
  • has made any false statement in the application;

Provided that membership of a member shall not be terminated unless the member is afforded an opportunity to show cause against the proposed action.

 

2. In case of termination of membership under sub-rule (1), the out-going member shall be entitled to re-fund of the amount in his account subject to such deductions, if any, as may be determined by the Board;

3. Once a member withdraws the amount from his account after termination of his membership, he shall not subsequently be admitted as a member   except for good cause and subject to any general or special order of the Board.