(b) the commuted pension gratuity which he would have
received had he opted on his retirement for
reduction of his pension by 50 per cent under
section 24(1),
whichever is the greater, less any pension benefits already
paid or payable to him but excluding any additional pension
granted under section 15(1).
(5)
pension
(a)
(b)
Where an officer, who has been granted a deferred
dies before any deferred pension is paid to him,
there shall be paid a death gratuity of an amount
not exceeding the maximum commuted pension
gratuity which he would have received had he
retired at the date of his retirement in the
public interest under section 11(1)(e), his
compulsory retirement under section 11(1)(f) or
his resignation under section 11(1)(j), as the
case may be, and opted for reduction of his
pension by 50 per cent under section 24(1), plus
any authorized increase; or
dies after any deferred pension is paid to him,
there shall be paid a death gratuity of an amount