Termination of Membership

  1. 1.      Membership of member shall be terminated if he -

    a)     Dismissed from service, or

    b)     Voluntarily withdraws from membership; or

    c)      Has failed to remit contributions for six months; or

    d)     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.