Referring to the query of Mr Sekhar,as far as my understanding of the LIC Pension Rules 1995 goes, resignation before completion of 20 years of service does not entitle an employee to receive pension.
As per Rule 14 of LIC
Pension Rules 1995, pension is payable to
an employee who has served for more than
10 years ,but less than 20 years,only in the event of normal retirement as per LIC Staff Regulations , viz on completion
of the age of 60 years, but not on resignation from service.
As per Rule 31(1) in
Chapter V of the said Pension Rules, pension
will be permissible if the employee seeks voluntary retirement after completion of a service of 20
years in the Corporation subject to the conditions
mentioned in the Rule 31.
Greetings.
C H Mahadevan