Amendment of In Section 15 of the Principal Act, Section 15 (1) In sub-section (1), for the words “five thousand “ the words “twenty

thousand” shall be substituted.

1. (2) In sub-section (2), for the words “six thousand five hundred” the words “twenty five thousand” shall be substituted.
2. (3) In sub-section (3), for the words “one thousand five hundred” the words “five thousand” shall be substituted.
3. (4) In clause (a) of sub-section (4), for the words “The pension shall be increased by 5 (five) percent annually at compound rate” the words 3 - Ex-338/2011 “The pension shall be increased at the rate of 5 (five) percent simple interest annually” shall be substituted.
4. (5) Clause (b) of sub-section 4 shall be substituted as follows, namely “(b) In no case, increment previously earned under the existing Act should be taken into account for calculation of pension”.