Section 23
Pension and provident fund.
The National Institutes of Technology, Science Education and Research Act, 2007
About this Act
An Act to declare 1certain institutions of technology, science education and research to be Institutions of national importance and to provide for instructions and research in branches of engineering, technology, management, education, sciences and arts and for the advancement of learning and dissemination of knowledge in such branches and for certain other matters connected with such institutions.
Every Institute shall constitute for the benefit of its employees
such provident or pension fund or provide such insurance scheme as it may deem fit in such manner and
subject to such conditions as may be prescribed by the Statutes.