It is further submitted that the finding in para-12 of the impugned order that Section 386 of the Act, 1962 does not save Section 70 of the Act, 1948 and saves only action or benefits granted tQ the empioyees under i.ne provisions of the Act, 1948 before the Act, 1962 came into existence, is not in accordance with law. Service conditions of the petitioner are governed by the Act, 1948. Section 70(1 )(c) of the Act, 1948 specifically provides that subject to the ruies made under Section 182, the Janpada authority may with the generalorspecialsanctionoftheStateGovernment, grantthem pensions or subscribe on their behalf for pension or gratuity. As per Section 386 of the Act, 1962, pay and allowances, pension and retirement benefits of all permanent officers and servants or other employees of the Mandal Panchayat, the Janpada Sabha or the Tahsi! Panchayat on the date on which this Act comes into force, has been saved. Similarly, proviso to Section 390 provides that the terms and conditions of service of such employees shall not until altered by a competent authority, be less favourable than those admissible to them while in service of the bodies aforesaid. Though the petitioner was a member of contributory provident fund and he was paid a sum of Rs.17,000/- approximately, but he is ready and willing to redeposit the same if his case for pension under the Act, 1948 is considered and the State accords approval to Sarangarh Panchayat to pay pension to its employees.