Pension

Procedure for extending the benefits of Old GPF / Pension Scheme to those casual workers covered under the Scheme of 1993 and regularized on or after 01.01.2004

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Old GPF / Pension Scheme to those casual workers regularized on or after 01.01.2004 – Procedure for extending the benefits: Instructions by CPAO

CPAO

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
CENTRAL PENSION ACCOUNTING OFFICE
TRIKOOT-II, BHIKAJI CAMA PLACE,
NEW DELHI-110066

CPAO/IT&Tech/Clarificarion/P&PW/13 (Vol-III)/2018-19/68

13.07.2018

Office Memorandum

Subject : Procedure for extending the benefits of Old GPF / Pension Scheme to those casual workers covered under the Scheme of 1993 and regularized on or after 01.01.2004.

It has been observed that the pension cases of casual labour who were regularized on or after 01.01.2004 and eligible for old GPF/Pension Scheme vide DOPT OM No.49014/2/2014-Estt(C) dated 28.07.2016 have not been processed by the concerned Ministries/Departments. In order to avoid the hardship to the pensioners all the Ministries/Departments/PAOs have been requested to finalise the pension cases of the pensioners after following the procedure below:

1) Deptt. may issue the order that the old GPF Scheme/ Pension Scheme is applicable to the concerned official.

2) CPAO may be requested through concerned Pay & Accounts Office to stop Provisional Pension after cancellation of PPO, if issued.

3) NSDL may be requested by the concerned PAO to deposit the NPS subscription, Govt. Contribution plus interest thereon into the Govt. Account through ERM of NSDL.

4) On receipt of the amount it may be classified by the concerned PAO as below:

Sl.No Component Head of Account
i) Adjustment of employee’s contribution in Accounts Amount may be credited to the individual,s GPF Account and the account may be recast permitting upto date interest as applicable from time to time (FR-16 & Rule 11 of GPF Rule)
ii) Adjustment of Government contribution under NPS in Accounts To be accounted for as [-) Dr.to object Head “70 Deduct Recoveries under major Head 2071 – Pension and Other Retirement Benefits” and Minor Head “911 Deduct Recoveries of Overpayment” (Para 3.10 of List of Major Minor Heads)
(iii) Adjustment of increased value of subscription account of appreciation of investment May be accounted for by crediting the amount to Govt. Account under Major Head “0071- Contribution and Recoveries towards pension and Other Retirement Benefits” and Minor Head “800-Other Receipts”.
(Note under the above Major Head in List of Major Minor Heads)

5) GPF and Pension case of the concerned official may be processed as per the GPF Rules and CCS (Pension) Rules, 1972 after adjusting the Provisional Pension paid to the pensioner, if paid.

This issues with the approval of the Chief Controller (Pensions).

(Praful Dabral)
Sr. Accounts Officer (IT & Tech)

Source: cpao.nic.in

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Minutes of the 30th SCOVA meeting held under the Chairmanship of Honorable MOS(PP) on 23.03.2018

Minutes of the 30th SCOVA meeting held on 23.03.2018 at Vigyan Bhawan Annexe, New Delhi

30th SCOVA meeting

F.No. 42/05/2018-P&PW(G)
Government of India
Ministry of Personnel, P.G and Pensions
Department of Pension & Pensioners Welfare

3rd Floor, Lok Nayak Bhawan
Khan Market, New Delhi-110003
Date:- 14 June, 2018

CORRIGENDUM

Sub: Minutes of the 30th SCOVA meeting held under the Chairmanship of Honorable MOS(PP) on 23.03.2018, at Vigyan Bahwan Annexe, New Delhi-reg.

Reference is invited to this Department’s OM of even No. dated 25th April, 2018 on the subject cited above and to say that at Sl No.11 of the “List of Participants-Pensioners Associations” the word “Gwalior” may be read as “Mysore, Karnataka”.

sd/-
(Charanjit Taneja)
Under Secretary to the Government of India

Source: http://www.pensionersportal.gov.in/

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Pensions: Non receipt of e-PPOs

Regarding Non receipt of e-PPOs

OFFICE OF THE PR. CONTROLLER OF DEFENCE ACCOUNTS (PENSIONS)
DRAUPADI GHAT, ALLAHABAD- 211014

Circular No. 601

Dated: 06.07.2018

To,

The O I/C
Records/PAO (ORs)

Subject:- Non receipt of e-PPOs – reg.

Reference:- This office Circular No. 588 dated 20.10.2017, Circular No. 590 dated 06.11.2017 and Circular No. 595 dated 25.01.2018.

Office of the PCDA(P) Allahabad has started issuing e-PPOs for all categories of pensioners. A new PPO series was also introduced for various types of e-PPOs and subsequently range of modifications took place while adopting the process.

2. Copies of digitally signed e-PPOs are being sent electronically to PDAs and to Record Offices (ROs) concerned in case of JCOs/ORs . The RO, after scrutinising and checking the e-PPO, is required to forward a hard copy of the e-PPO (after printing from the PDF file) along with Descriptive Roll of the pensioners to PDA concerned. Record Offices (ROs) are also required to provide a copy of the e-PPO to the Armed Forces Pensioners/ Family Pensioners for their record either as a hard copy or through an e-mail as deemed fit.

3. After issuance of e-PPOs by this office, the e-PPOs are immediately forwarded to Record Offices concerned through DPCC (Defence Pension Contact Centre) functioning in the office premises of the PCDA (Pensions) Allahabad.

4. However, it has been noticed that the Record Offices (ROs) and the pensioners/family pensioners are not receiving e-PPO on time thereby causing delay in receipt of pension and other pensionary benefits.

5. In view of the above, all Record Offices are requested to instruct their representative/s to contact the DPCC (Defence Pension Contact Centre) functioning in the office premises of the PCDA(Pension) Allahabad for collection of e-PPOs issued by this office in soft copy viz. Compact Disk (CD) or in Pen Drive. Discrepancy observed in the e-PPO, if any, may be immediately brought to the notice of this office for necessary action at this end. For any query regarding collection of e-PPO, please contact Lt. Col. Palani S, Officer I/C, DPCC (E-Mail ID : dplc1pcdap@gmail.com, Phone: 0532- 2423486, Army Line : 6219).

6. Further, Record Offices are requested to ensure that e-PPOs are collected and despatched timely to PDAs alongwith Descriptive Roll so that payment of pensionary benefits are made to the pensioners/family pensioners in time.

7. This circular has been uploaded on official website of this office www.pcdapension.nic.in.

(Sushil Kumar Singh)
Jt. CDA(P)No. Gts/Tech/7th CPC/0181/Vol-VI
Dated: 06.07.2018

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Pensioners Portal – Rationalization of amount of Grant-in-Aid being given to identified Pensioners Associations

Pensioners’ Portal – Rationalization of amount of Grant-in-Aid being given to identified Pensioners’ Associations

F. No. 55/17/2018-P&PW (C)
Government of India
Ministry of Personnel, P.G. and Pensions

Department of Pension and Pensioners’ Welfare

3rd Floor, Lok Nayak Bhavan,
Khan Market, New Delhi
Dated the 21st June, 2018

To

The Secretary / President
All identified Pensioners’ Associations
(As per enclosed list)

Subject : Pensioners’ Portal – Rationalization of amount of Grant-in-Aid being given to identified Pensioners’ Associations.

Sir,

As you know, the Department of Pension and Pensioners’ Welfare has been sanctioning Grant-in-Aid to identified Pensioners’ Associations up to monetary limit of Rs.75,000/- per annum per Pensioners’ Association to defray expenses on the following components to meet the objectives of the Pensioners’ Portal :-

 (i) Telephone + Internet Connection Up to Rs.12,000/- per annum
(ii) Stationery + Battery replacement Up to Rs.19,500/- per annum
(iii) Subsidy towards Rent of Building/ Water/ Electricity/ AMC of equipment Up to Rs.28,500/- per annum
(iv) Remuneration Payable of Date Entry Operator (Part time) Up to Rs.15,000/- per annum

Total

Up to Rs.75,000/- per annum

2. The above parameters for Grant-in-Aid were made applicable from the financial year 2013-14 on the basis of recommendations of “A committee for making recommendations for rationalisation of amount of Grant-in-Aid to identified Pensioners’ Associations”, as contained in this Department’s letter No.55/24/2013- P&PW(C) dated December 19, 2013 copy of which was also sent to all the identified Pensioners’ Associations.

3. As of now, few Pensioners’ Associations have been raising the issue of further rationalization of amount of Grant-in-Aid as also the components on which the same could be spent in various forums including, during Awareness Programmes and various other meetings etc. This Department,- therefore, intends to examine the above issue after calling for suggestions from identified Pensioners’ Associations with regard to rationalization of amount of Grant-in-Aid and various permissible component heads for its utilization.

4. You are, therefore, requested to send views/suggestion of your Pensioners’ Association in the above matter latest by 31st July, 2018 for consideration of this Department.

Yours faithfully,
S/d,
(Seema Gupta)
Director

Pensioners' Portal - Rationalization of amount of Grant-in-Aid being given to identified Pensioners' Associations

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NFIR’s PNM item No. 30/2018 – Revision of criteria for Diet Charges for patients admitted in Railway hospitals

NFIR’s PNM item No. 30/2018 – Revision of criteria for “Diet Charges” for patients admitted in Railway hospitals

Railway-Hospitals-NFIR

GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD)

No. 2005/H/23/6

New Delhi, dated : 13.06.2018

General Managers
All Indian Railways
(Including PUs & RDSO)

Sub: NFIR’s PNM item No. 30/2018 – Revision of criteria for “Diet Charges” for patients admitted in Railway hospitals – regarding.

Ref: This office letter of even number dated 29.10.2010.

The issue of revision of criteria for free/concessional diet for patients admitted in railway hospitals has been engaging the attention of Ministry of Railways for some time. In the meantime, Ministry of Health & Family Welfare, Govt. of India vide their Office Memorandum no S.11011/11/2016-CGHS (P)/EHS dated 09.01.2017 have revised the criteria for diet charges respect of CGHS medical beneficiaries. The Basic pay ceiling for free diet in respect of CGHS beneficiaries has been revised as under:

(i) Basic pay / pension / family pension eligible for free diet – Rs. 44,900/-
(ii) Basic pay/pension/family pension eligible for free diet in case of those suffering from TB or mental diseases – Rs. 69,700/-.
(iii) No provision for concessional diet.

After careful consideration in the matter, it has been decided that the criteria of diet charge fixed by Ministry of Health & Family Welfare for CGHS beneficiaries be adopted mutatis-mutandis for Railway beneficiaries. Accordingly, the revised criteria for diet charges in respect of Railway Medical beneficiaries would henceforth be as under:

(I) Monetary ceiling limit of Rs. 44,900/- (after implementation of 7th CPC) of basic pay/pension/family pension for the purpose of providing free diet to railway medical beneficiaries;

(II) Removal of provision of concessional diet charges contained in instructions dated 29.02.2010; and

(III) Monetary ceiling s. 69,700/- of basic pay/pension/family pension for the purpose of providing free diet to railway medical beneficiaries suffering from Tuberculosis (TB) or mental disease.

This issues with the concurrence of Finance Directorate in the Ministry of Railways.

S/d,
(R.S.Shukla)
Joint Director, Health
Railway Board

Source : NFIR

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E-scroll to process the revision of pension cases

Pension Revision – Use E-scroll facility to avoid delay discrepancies/errors: CPAO

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
CENTRAL PENSION ACCOUNTING OFFICE

TRIKOOT-II, BHIKAJI CAMA PLACE,
NEW DELHI-110066

CPAO/IT & Tech/Revision (7th CPC)/19, Vol-III (B)/2018-19/53

Dated: 25.06.2018

Office Memorandum

Subject : E-scroll to process the revision of pension cases.

Attention is invited to this office OM No. CPAO/IT &Tech/Revision (7th CPC)/19. Vol-III (B)/2017-18/133 dated-11.10.2017 wherein it was intimated that the payment details based on e-scrolls received from banks w.r.t. the pensioners/family pensioners viz Bank Name, Accounts No. and BSR Code is provided in PAOs login on the portal eppoinicirt. Step by step procedure was also attached therewith to facilitate the PAOs to view the payment details of the pensioners/family pensioners.

But, it has been observed that Pay and Accounts Offices are not using the facility of e-scroll available with them while processing the revision of pension cases. As a result large number of discrepancies/errors are being found in the e-revision cases received in CPAO and are being returned to the concerned Pay and Accounts Offices resulting in unnecessary delay in processing of pension cases. Facility of e-scroll assists in correctness of Account Number, BSR Codes, Status of credit of pension and date of credit of pension, etc. (Step by step procedure to view the payment details is attached herewith for ready reference).

In view of the above, all the Pr. CCAs/CCAs/CAs/AGs/Administrators of UTs are requested again to instruct their Pay and Accounts Offices under their jurisdiction to use the facility of e-scroll before processing the cases of e-revision for correctness in order to avoid return of e-revision cases.

This issues with the approval of Chief Controller (Pensions).

Encl: As above

(Praful Dabral)
Sr. Accounts Officer (IT & Tech)

Source : cpao.nic.in

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Payment of Dearness Allowance to State Government Employees and Dearness Relief to State Service Pensioners/Family Pensioners – Revised rates effective from 01/07/2017

GOVERNMENT OF KERALA
Abstract

Payment of Dearness Allowance to State Government Employees and Dearness Relief to State Service Pensioners/Family Pensioners — Revised rates effective from 01/07/2017— Orders Issued.


FINANCE (PAY RESEARCH UNIT) DEPARTMENT

G.O.(P) No 84/2018/Fin.

Dated, Thiruvananthapuram, 07/06/2018


Read: –

1. G.O. (P) No. 7/2016/Fin, dated 20.01.2016
2. G.O. (P) No. 9/2016/Fin, dated 20.01.2016
3. G.M. No. 01/09/2017 – F.-II (B) dated 20/09/2017 of the Department of Expenditure, Ministry of Finance, Government of India. 4. G.M. No. F—No.42/15/2016 P&PW (G) dated 28.09.2017 of the Department of Pension and Pensioners Welfare, Ministry of Personnel, Public Grievances and Pensions, Government of India.
5. G.M. No. 1/3/2008-E.II(B) dated 26/09/2017 of the Department of Expenditure, Ministry of Finance, Government of India.
6. G.0 (P) No. 629/2013/Fin dated 23/12/2013.
7. G.0 (P) No. 61/2016/Fin dated 05.05.2016.
8. G.0 (P) No. 6/2017/Fin dated 19/01/2017.
9. GO (P) No. 55/2017/Fin dated 26/04/2017.
10. GO (P) No. 74/2017/Fin dated 27/05/2017.

ORDER

In the Office Memoranda cited above, Government of India sanctioned revised rate of Dearness Allowance/Dearness Relief to Central Government employees, Pensioners and Family Pensioners with effect from 01/07/2017. On the basis of the above, the following orders are issued:

2.(i) The rate of Dearness Allowance payable in respect of State Government Employees, Teachers, Staff of Aided Schools, Private Colleges and Polytechnics, Full Time Employees borne on the contingent and work charged establishments and employees of Local Bodies \NM be enhanced from the existing rate of 14% to 15% w.e.f 01.07. 2017.

(ii) The Dearness Allowance payable in respect of those employees continuing in the pre-revised scale of G.0 (P) No.85/2011/Fin dated 26.02.2011 will be enhanced from the existing rate of 109% to 112 % w.e.f. 01.07.2017.

(iii) The Dearness Allowance payable in respect of those employees continuing in the pre-revised scale of G.O.(P) No.145/2006/Fin dated 25.03.2006 will be enhanced from the existing rate of 255% to 259% w.e.f. 01.07.2017

(iv) The Dearness Allowance payable in respect of teachers coming under UGC/AICTE/Medical Education Schemes (in whose case DA up to 50% has been converted as Dearness Pay) will be enhanced form the existing rate of 264% to 268% w.e.f. 01.07.2017.

(v) The Dearness Allowance payable in respect of the teaching staff coming under UGC/AICTE/Medical Education Schemes who have changed over to revised UGC/AICTE scale from 01.01.2006 or thereafter and judicial officers will be enhance from the existing rate of 136% to 139% w.e.f 01.07.2017.

(vi) The Dearness Allowance payable to those employees who are continuing in the 1997 pay scales even after 01.07.2017 will be enhanced from the existing rate of 314% to 318% w.e.f 01.07.2017 (up to the date of effect of option under Pay Revision 2014).

(vii) The Dearness Allowance payable to those employees in public Sector undertakings who were getting pay and allowances based on the scales of pay admissible under 1992 pay Revision will be enhanced as follows with effect from 01.07.2017.

 

Date of effect Pay Range Rate of Da per month
01.07.2017 Basic pay up to ₹ 3,500 p.m 932% of Pay
Basic pay above  ₹3,500 up to  ₹6000 p.m 835% of pay subject to a minimum of  ₹ 32,620
Basic pay above  ₹6,000 796% of pay subject to a minimum of  ₹ 50,100

 

 

(viii) The Dearness Allowance at the enhanced rate will be paid in cash along with arrears for the period from 01-07-2017 to 31-05-2018 with the salary for the month of June 2018. It is applicable to those employees continuing in the pre-revised scale even after 2014 pay revision, and even after 1996 UGC/AICTE/Medical Education Scheme.

(ix) The enhanced rate of Dearness Allowance will also be applicable to part-time and part-time contingent employees on the basis of pay drawn by them.

 

(x) The Dearness Relief payable to state service pensioners, Family pensioners, Ex-gratia Pensioners/Ex-gratia Family Pensioners 9whose pension/family pensin has been revised as per G.O.(P) No.09/2016/Fin, dated 20.01.2016) will be enhanced from the existing rate of 14% to 15% with effect from 01.07.2017.

(xi) Re-employed pensioners whose pay has been revised as per G.O.(P) No.2/17/Fin dated 04/01/2017 are eligible for payment of DA at the enhanced rate of 15% w.e.f. 01-07-2017 as admissible to state Government Employees and they are eligible for this enhanced rate of DA Based on a general letter of authority issued by the Accountant General.

(xii) The Dearness Relief payable to state Service Pensioners and Family Pensioners (whose pension/family pension has not undergone revision as per G.O.(P) No.09/2016/fin, dated 20.01.2016) will be enhanced from the existing rate of 109% to 112% with effect from 01.07.2017.

(Xiii) the Dearness Relief payable to state service pensioners and Family Pensioners whose pension/Family pension has not undergone revision as per G.O.(P)No.87/2011/fin dated 28.02.2011, and also to the Pensioners/Family Pensioners coming under UGC/AICTE/Medical Education Schemes (who retired prior to 01-07-2004 and whose family pension has been revised as per G.O.(P) No.81/2007/Fin. dated 28.02.2007 and whose pension has not undergone revision as per G.O.(P)No.211/2011/Fin dated 07-05-2011), will be enhanced from the existing rate of 255% to 259% with effect from 01.07.2017.

(xiv) The Dearness relief payable to retired state judicial officers (who are drawing Dearness Relief at central rates and whose pension or family pension has not been revised as per G.O (Ms) No.236/10/Home dated 02.11.2010) and the pensioners/Family pensioners, coming under the category UGC/AICTE/Medical Education schemes (who retired after 01.07.2004 and whose pension/family pension has been revised as per G.O.(P) No.84/2007/Fin dated 01.03.2007 and has not undergone revision as per GO (P) No.211/2011/Fin dated 7/5/2011) will be enhanced from the existing rate of 264% to 268% w.e.f. 01-07-2017.

(xv) The Dearness Relief payable in respect of Ex-Chairman and Members of kerala public service Commission, will be enhanced as follows w.e.f 01.07.2017

Category Date of termination of service Rate of DR
Chairman and Members who were appointed from outside Government service and whose pension structure was modified as per G.O.(P) No.23/2017/GAD dated 21-08-2017 Prior to or after 01.01.2006 139%
Chairman and Members who were appointed from outside Government service and whose pension structure was modified as per G.O.(P) No.23/2017/GAD dated 21-08-2017 Prior to or after 01.01.2006 112%
Chairman and Members having prior service in Government and opted benefits of combined service Prior to or on or after 01.01.2006 112%

 

(xvi) (a) the Dearness Relief payable in respect of Ex-Chairmen/other Members of Kerala Public Service Commission, whose pension has not undergone revision as per G.O.(Ms.) No.339/2013/GAD dated 30.11.2013, will be enhanced as follows with effect from 01.07.2017.

Category Date of termination of service Rate of DR
Chairman and Members who were appointed from outside Government service Prior to or after 01.01.2006 259%
Chairman and Members having prior service in Government and opted benefits of combined service Prior to 01.07.2004 259%
Chairman and Members having prior service in Government and opted benefits of combined service On or after 01.07.2004 268%

(xvii) The rate of Dearness Relief payable to the teaching staff coming under UGC/AICTE/Medical Education Streams who have changed over to revised UGC/AICTE scale from 1.1.2006 and those who retired after 1.1.2006 and that to the state judicial officers whose pension has been revised as per G.O.(Ms)No.236/2010/Home dated 02.11.2010, will be enhanced from the existing rate of 136% to 139% w.e.f 01.07.2017. This rate will be adopted only after the formal sanctioning of revision of their pension in terms of G.O.(P) No.211/2011/Fin dated 07.05.2011. The teaching staff coming under the UGC/AICTE/Medical Education streams who have retired prior to 01.01.2006 and whose pension has been revised in terms of G.O.(P)No.211/2011/Fin dated 07.05.2011 will also be eligible for Dearness Relief at the above rate.

(xviii) The Dearness Relief payable in respect of the State Service Pensioners/Family Pensioners whose pension has not undergone revision as per G.O.(P)No.180/2006/Fin, dated 18.04.2006 and who are drawing pension/family pension as per pension revision 1997, and in respect of pensioners/Family Penisoners coming under UGC/AICTE/Medical Education Schemes whose pension has not undergone revision as per G.O.(P)No.81/2007/Fin. dated 28.2.2007 or G.O.(P) No.84/2007/Fin dated 1.3.2007 will be enhanced from the existing rate of 314% to 3185 w.e.f. 01.07.2017. This will be applicable only till such date of effect of option for pension Revision 2004, after which the Dearness Relief payable will be as indicated in para 2(xiii) above and after the date of effect of option for pension Revision 2009, Dearness Relief will be payable as indicated in para 2 (xii) above.

  1. The enhanced rate of Deanress Relief due from 01.07.2017 will be paid along with the pension for July 2018 and arrears from July 2017 to June 2018 will be released in cash along with the pension for July 2018.
  2. The conditions laid down in the G.O.read as 5th above shall be applicable while regulating Dearness Allowance/Dearness Relief undr these orders.

By Order of the Governor

S/d,
MANOJ JOSHI
Principal Secretary to Government (Finance).

Signed Copy

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Payment of revised pension including arrears w.e.f. 1.1.2016 to the pensioners

Payment of revised pension including arrears w.e.f. 1.1.2016 to the pensioners

GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD)

RBA No.55/2018
No.2016/AC-II/21/8/Pt.VI

New Delhi dated 30.05.2018

Principal Financial Advisors,
All Zonal Railways

Sub: Payment of revised pension including arrears w.e.f. 1.1.2016 to the pensioners.

Kindly refer to RBA No.170/2017 dated 30.11.2017 on the above subject. requesting Railways to verify the scrolls received from various Pension Paying Banks to establish that payment of revised pension has commenced in favour of all pensioners for whom revised PPOs have been issued. It is understood that despite lapse of nearly 6 months, revised pension is not being received by many pensioners and the issue is being raised in various Pensioners’ Forums including SCOVA.

Follow up on payment of revised pension by the banks is necessary to take the benefits to the pensioners in a timely manner. Therefore, a special drive may be launched in the EDP centres to reconcile the debit scrolls with the revised PPOs to ascertain the number of cases where payment of revised pension has not yet been initiated by the banks despite issue of revised PPOs. The matter may be taken up with defaulting Banks and a report sent at jda@rb.railent.gov.in in the following format by 30th June,2018 for Board’s information:

Position of Revision of Pension cases by Banks

Name of bank Total No. of revised PPOs issued Total No. of cases in which payment of revised pension has commenced Reference made to the Bank for expediting payment to the pensioners as per revised PPOs
       

S/d,
(Anjali Goyal)
Pr.Executive Director/Accounts
Railway Board

Source: irtsa

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Classification of casualties of ammunition accidents of 31.5.2016 at Central Ammunition Depot(CAD) Pulgaon and grant of Liberalized Family Pension(LFP) to NoK

Classification of casualties of ammunition accidents of 31.05.2016 at CAD Pulgaon and grant of Liberalized Family Pension

No.16(5)/ 2016/D(Pen/Pol)
Government of India
Ministry of Defence
Department of Ex-Servicemen Welfare

New Delhi, Dated: 31 May, 2018

To

The Chief of the Army Staff
The Chief of the Naval Staff
The Chief of the Air Staff

Subject: Classification of casualties of ammunition accidents of 31.5.2016 at Central Ammunition Depot(CAD) Pulgaon and grant of Liberalized Family Pension(LFP) to NoK-reg.

Sir,

I am directed to refer to IHQ of MoD(Army) letter No. 12841/13/2016/PC/AG/MP 5(d) (Cas Sec) dated 20.12.2016 on the subject mentioned above wherein it was informed that on 31.5.2016 a fire broke out in the Central Ammunition Depot (CAD) Pulgaon. While fire-fighting operations were in progress, at about midnight the entire quantity of mine stores in Explosive Stores House 192 with net explosive content of 135,275 Kgs detonated resulting in death of 19 and grievous injuries to 17 military, DSC and civilian personnel. As per the existing provisions, the death/disability of Armed Forces Personnel were classified as Physical Casualty(PC), attributable to Military Service.

2. Representations were received from Next of Kin (NoK) of the casualties for the classification of the aforesaid casualty as Battle Casualty(BC) to make them eligible for Liberalized Family Pension and Ex-gratia compensation under Category D of MoD letter No. 1(2)/97/D(Pen-C) dated 31.01.2001.

3. High number of casualties has resulted due to detonation of huge amount of explosive material contained in mine Stores of CAD, Pulgaon. The case for classification of said casualties as BC has been considered in this Ministry. It has been decided with the approval of the Competent Authority that as an exception, Military Personnel who died/disabled/injured in the above mentioned ammunition accident shall be eligible for BC status for compensation/pension/gratuity as is admissible in terms of MoD letter No. 1(2)/97/D(Pen-C) dated 31.01.2001.

5. This issues with the concurrence of the Finance Division of this Ministry vide their ID No.10(4)/2010/FIN/PEN dated 31.05.2018.

6. Hindi version will follow.

Yours faithfully,
Sd/-
(Manoj Sinha)
Under Secretary to the Govt. of India

Source: www.desw.gov.in

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Date up to which enhanced family pension payable: for 7 years or 67 years of age of deceased retired government servant

Date up to which enhanced family pension payable: for 7 years or 67 years of age of deceased retired government servant

Retired government servant

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
CENTRAL PENSION ACCOUNTING OFFICE
TRIKOOT-II, BHIKAJI CAMA PLACE,
NEW DELHI – 110066

CPAO/IT&Tech/Clarification/13(Vol-Ill)/2018-19/32

28.05.2018

Office Memorandum

Subject: Date up to which enhanced family pension payable.

Department of Pension & Pensioners Welfare has clarified vide its ID No.1/1(5) 2018-P&PW (E) 32206 dated-12.04.2018 that family pension at enhanced rates will be payable for 7 years or till the deceased retired government servant would have attained the age of 67 years had he survived, whichever is less, irrespective of type of retirement, date of retirement and age of superannuation applicable in the case of retired Govt. servant. This would equally apply in all Central Civil Govt. Departments/ Offices including Central Armed Police Forces (CAPF) and Medical Officers.

This issues with the approval of Chief Controller (Pensions).

(Md. Shahid Kamal Ansari)
(Asstt. Controller of Accounts)
Ph No.011-26103074

Source: CPAO

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Date up to which enhanced family pension payable: CPAO

Date up to which enhanced family pension payable

CPAO

CPAO/IT & Tech/clarification/13(vol-III)/2018-19/32

28-05-2018

Office Memorandum

Subject : Date up to which enhanced family pension payable.

Department of Pension & Pensioners Welfare has clarified vide its ID No.1/1(5)2018-P&PW (E) 32206 dated-12.04.2018 that family pension at enhanced rates will be payable for 7 years or till the deceased retired government servant would have attained the age of 67 years had he survived, whichever is less, irrespective of type of retirement, date of retirement and age of superannuation applicable in the case of retired Govt. servant. This would equally apply in all Central Civil Govt. Departments/ Offices including Central Armed Police Forces (CAPF) and Medical Officers.

This issues with the approval of Chief Controller (Pensions).

S/d,
(Md. Shahid Kamal Ansari)
(Asstt. Controller of Accounts)
Ph No.011-26103074

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Fixation of Pension of Retired Medical officers of AMC/ADC/RVC – DESW Orders

Fixation of Pension of Retired Medical officers of AMC/ADC/RVC – DESW Orders

“The fixation of pension/ family pension of retired Medical officers of AMC/ADC/RVC in the above manner, shall be further subject to the condition that emoluments (i.e. Basic Pay MSP + NPA) to be reckoned for pension do not exceed Rs. 2,37,500/- (Rupees two lakh thirty seven thousand and five hundred only). Amount of Gratuity and CVP which has already been notified, shall remain unchanged. ”

No.1(7)/2014/D(Pen/Policy)
Government of India
Ministry of Defence
Department of Ex-Servicemen Welfare

New Delhi, 24th May, 2018

To
The Chief of the Army Staff
The Chief of the Naval Staff
The Chief of the Air Staff

Sub: Implementation of Government’s decision on the recommendations of the Seventh Central Pay Commission on revision of provisions regulating Pension/Gratuity/Commutation of Pension/Family Pension including pensionary awards notified in terms of casualty pensionary awards Fixation of Pension of Commissioned Officers of Army Medical Corps/Army Dental Corps/Remount & Veterinary Corps retired during 1.1.2016 to 30.6.2017.

Sir,

The undersigned is directed to refer to this Ministry’s letter No.17(02)/2016/D(Pen/Pol) dated 4th September, 2017. In accordance with Para 4.1.1 of said letter, the emoluments reckoned for calculation of pension include Non Practicing Allowance (NPA) granted to Medical officers of Army Medical Corps /Army Dental Corps / Remount & Veterinary Corps.

2. For Medical Officers of Armed Forces who have retired from 1.1.2016 to 30.6.2017, their pension is based on emoluments which included NPA @ 25% of the pre-revised pay. Orders have been issued by Ministry of Defence vide letter No. 4(10)/2017/D(Med) dated 28th September, 2017 for grant of NPA to serving medical officers @ 20% of basic pay w.e.f. 1.7.2017. Accordingly, the medical officers retired/retiring on or after 1.7.2017 are entitled to pension based on emoluments which include NPA at the rate of 20% of the revised basic pay.

3. The matter regarding revision of pension the Medical Officers of Armed Forces who retired during 1.1.2016 to 30.6.2017 based on revised rate of NPA has been examined by the Government. It has been decided that all kind of pension/family pension in respect of Medical officers of Armed Forces who retired/died during 1.12016 to 30.6.2017 and were drawing NPA at old rates on the date of retirement/death, shall be further revised w.e.f. 1.7.2017 by adding NPA @ 20% to the basic pay on the date of retirement. The fixation of pension/ family pension of retired Medical officers of AMC/ADC/RVC in the above manner, shall be further subject to the condition that emoluments (i.e. Basic Pay MSP + NPA) to be reckoned for pension do not exceed Rs. 2,37,500/- (Rupees two lakh thirty seven thousand and five hundred only). Amount of Gratuity and CVP which has already been notified, shall remain unchanged.

4. This issues with the concurrence of Ministry of Defence(F1nance/Pension) vide their ID No. 10(8)/2018/Fin.Pen dated 11.05.2018.

5. Hindi version will follow.

Yours faithfully,
Sd/-
(Manoj Sinha)
Under Secretary to the Government of India

Source: www.desw.gov.in

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Revision of Pension of Pre 2006 Pensioners – Reg: Benefit of Upgraded/Merged Posts by 6th CPC for fixing of Minimum of Revised pension of Pre-2006 Pensioners

Fixing of Minimum of Revised pension of Pre-2006 Pensioners – RSCWS

Revision of Pension of Pre 2006 Pensioners – Reg: Benefit of Upgraded/Merged Posts by 6th CPC for fixing of Minimum of Revised pension of Pre-2006 Pensioners

No.RSCWS/HO/CHD/ Memo/2018-5

Dated: 21/05/2018

Hon. Minister of Finance, Govt. of India,
North Block, New Delhi-110001

Subject: Revision of Pension of Pre 2006 Pensioners – Reg: Benefit of Upgraded/Merged Posts by 6th CPC for fixing of Minimum of Revised pension of Pre-2006 Pensioners

Reference:- i) Resolution of GOI No. 38/37/08-P&PW (A) dated 29-8-08 & OM Dated 1-9-08,
ii) Para 5 of DOP&PW O.M. F.No. 38/37/08-P&PW (A) dated 11-2-2009 – (which has been quashed by various Courts but not withdrawn by the DOP&PW)
iii) DOP&PW O.M. F.No. 38/37/08-P&PW (A) dated 30-7-2015

Dear Sir,
We seek your benign intervention in the following matter of serious injustice with a section of Pre-2006 Central Government Pensioners:

1. Sixth Pay Commission had Merged and upgraded some posts keeping in view their duties & responsibilities. The recommendations of the Sixth CPC were accepted by the Government vide Resolution of the Government Notified on 29-8-2008 and orders were issued thereon vide DOPT & DOPPW vide OMs dated 1-9-2008.

2. DOP&PW subsequently modified these orders vide O.M. File No. 38/37/08-P&PW (A) dated 11-2-2009 and ordered that the benefit of upgrading of posts by Sixth Pay Commission shall not be given for the fixation of Revised Pension of Pre-2006 Pensioners.

3. Above cited orders of DOP&PW (dated 11-2-2009) had been quashed by the various Courts including the Apex Court, which inter-alia directed that “The fixation (of Pension) … will be subject to the provision that the revised pension, in no case, shall be lower than 50% of the sum of the minimum of the pay in the pay band and the grade pay thereon corresponding to the pre-revised pay scale from which the pensioner had retired.” DOP&PW issued the orders thereon vide OM dated 1-9-2008.

4. DOP&PW vide OM No.38/37/08-P&PW(A) Dated 30th July, 2015, in compliance with the judicial pronouncements, had decided that the pension/family pension of all pre-2006 pensioners/family pensioners may be revised in accordance with this Department’s OM No.38/37/08-P&PW(A) dated 28.1.2013 with effect from 1.1.2006.

5. Para 5 of DOPPW OM dated 11-2-2009 had specifically been quashed by various Courts – including the High Court of New Delhi in WP(C) 3035/2016 dated 3-8-2016 in Ram Phal-vs-Union of India & Ors and CAT Bangalore in CP 237/2015 in OA 231/2013 (Parthasarthy-Vs-Union of India).

6. High Court of Kerala at Ernakulam had held as under in OP (CAT).No. 169 of 2015 (Z) in its judgment dated 18th January, 2016 UNION OF INDIA vs N.R.PURUSHOTHAMAN PILLAI:
“The resultant position that emerges from the pronouncement of the Central Administrative Tribunal as well as the different High Courts and the Apex Court is that, computation of pension in the matter of implementation of the 6th Pay Commission Report has to be at 50% of the pay scale with respect to the scale of pay applicable to the post in question and not to the corresponding scale of pay to the one at which the incumbent has retired.”

7. Regrettably the benefit of upgrading of posts was still not given to the Pre-2006 Pensioners in spite of the above cited judgments of various Courts. The benefit of the Court judgments on this had been restricted only to the Petitioners and not to other similarly placed Pre-2006 Pensioners.

8. This is totally discriminatory and violates Article 14 of the Constitution as well as under the settled law that the decisions taken in one specific case either by the Judiciary or the Govt. should be applied to all other similar cases without forcing the other employees or pensioners to approach the court of law for an identical remedy or relief.

9. Delhi High Court in W.P.(C) 8012/2013 had held that “policy decision of the Government in the OM dated September 01, 2008 to fix pension for all categories of pensioners did not classify post of pre January 01, 2006 retirees and all were entitled to pension as per a common formula”

10. It is, therefore, requested that Pre-2006 Pensioners be given the benefit of upgraded Pay Band and Grade Pay of the post from which they retired so that minimum pension be not lower than 50% of the pay in the revised pay band plus the grade pay corresponding to the post from which the pensioner retired – as per DOPPW OM dated 30-7-2015.

Yours faithfully,
(Harchandan Singh)
Secretary General, RSCWS

Source: www.rscws.com

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FAQ on Pension Policy (Central Civil Services)

FAQ on Pension Policy (Central Civil Services) – Latest Updation

Frequently Asked Questions (FAQs)
(Central Civil Services)

1. PENSION POLICY

(Last Updated : 18.04.2018)

(1.1) Which rules govern pension and gratuity to the employees retiring from Central Government Civil Departments.
Pension and gratuity of the employees retiring from Central Government Departments is regulated by the Central Civil Services (Pension) Rules, 1972. There are separate rules regarding pension and gratuity of Railway employees and Defence personnel.

(1.2) Is the date of voluntary retirement treated as duty?
Yes, the date of voluntary retirement is treated as duty (Rule 5).

(1.3) Who is eligible for pension?
A Govt. servant appointed in a pensionable establishment on or before 31.12.2003 and retires from Government service with a qualifying service of 10 years or more is eligible for pension (Rule 2, 49).

(1.4) How is pension calculated?
W.e.f. 1.1.2006, pension is calculated @ 50% of emoluments (last pay) or average emoluments (for last 10 months), whichever is more beneficial to the retiring Govt. servant. (Rule 49).

(1.5) What happens to the departmental proceedings instituted against a Govt. servant during service and pending at the time of retirement? Can pension/gratuity be paid to a retiring, Govt. servant if Departmental/Judicial proceeding are pending against him at the time of retirement?
Department proceedings pending at the time of retirement are deemed to be the proceedings under Rule 9 and shall be continued and concluded by the same disciplinary authority and in the same manner. Thereafter, authority will submit a report recording its finding to the President. In such cases, only provisional pension is paid and gratuity is withheld till the conclusion of departmental proceedings and issue of final orders thereon by the competent authority.

(1.6) Can Departmental proceedings be instituted after retirement?
Departmental proceeding can be instituted after retirement subject to following conditions:-

(a) Sanction of the President shall be obtained before instituting such proceedings;

(b) The proceedings shall not be in respect of any event which took place more than 4 years such institution;

(c) Proceedings shall be conducted by such authority and in such place or the President may direct and in accordance with rules applicable to departmental proceedings in which an order of dismissal from service could be made in relation to the Govt. servant during his service.

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Procedure of recovery of excess payment made to pensioners – Bank should not refuse the pension on the pretext of excess payment/recoveries

Procedure of recovery of excess payment made to pensioners – Bank should not refuse the pension on the pretext of excess payment/recoveries – CPAO ORDER

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
CENTRAL PENSION ACCOUNTING OFFICE
TRIKOOT-II, BHIKAJI CAMA PLACE,
NEW DELHI-110066

CPAO/IT & Tech/SCOVA/20 (Vol-I)/2018-19/20

16.05.2018

Office Memorandum

Subject :- Recovery of excess payment made to pensioners.

It has been brought to the notice of this office that some Bank branches are refusing to disburse the family pension to the family pensioners until and unless the whole overpaid amount is credited back to the bank. This issue was also highlighted in the Standing Committee of Voluntary Agencies (SCOVA) meeting Chaired by Hon’ble Minister of State of the Ministry of Personnel, Public Grievances & Pensions.

In this context, RBI in consultation with Office of the CGA, Ministry of Finance, Deptt. of Expenditure has issued instructions for recovery of excess payment made to pensioners vide their Circular No. RBI/2015-16/340 DGBA GAD No.2960/45.01.001/ 2015-16 dated-17.03.2016 which is reproduced below:

a) As soon as the excess/wrong payment made to a pensioner comes to the notice of the paying branch, the branch should adjust the same against the amount standing to the credit of the pensioner’s account to the extent possible including lumpsum arrears payment.

b) If the entire amount of over payment cannot be adjusted from the account, the pensioner may be asked to pay forthwith the balance amount of over payment.

c) In case the pensioner expresses his inability to pay the amount, the same may be adjusted from the future pension payments to be made to the pensioners. For recovering the over-payment made to pensioner from his future pension payment in instalments 1/3rd of net (pension plus relief) payable each month may be recovered unless the pensioner concerned gives consent in writing to pay a higher instalment amount.

d) If the over payment cannot be recovered from the pensioner due to his death or discontinuance of pension then action has to be taken as per the letter of undertaking given by the pensioner under the scheme.

e) The pensioner may also be advised about the details of over payment/ wrong payment and mode of its recovery.

The above uniform procedure may be strictly adhered to while effecting recovery of excess/wrong pension payments made to pensioners and necessary instructions may be issued to the bank branches to ensure that no branch may refuse the pension/family pension to the pensioners on the pretext of excess payment/ recoveries.

This issues with the approval of Chief Controller (Pensions).

Sd/-
(Md. Shahid Kamal Ansari)
(Asstt. Controller of Accounts)

Source: CPAO

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Non-issue of Pension slip by banks – CPAO OM May, 2018

Non-issue of Pension slip by banks – CPAO OM May, 2018

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
CENTRAL PENSION ACCOUNTING OFFICE
TRIKOOT-II, BHIKAJI CAMA PLACE,
NEW DELHI-110066

CPAO/1T&Tech/Bank Performance/37 (Vol III)/2018-19/23

15.05.2018

Office Memorandum

Subiect :- Non-issue of Pension slip by banks.

Attention is invited to para 4.6.6 of CPPC Guidelines issued by CPAO whereby it has been mentioned that “The Home Branch will meet all information needs of the pensioner using the CPPC system. The CPPC software will display on the computer screen, options and view of the details of calculation of pension and its breakup of the pension paid to the pensioner/ family pensioner. The Home Branch will act as intermediary between the pensioner & CPPC and, besides providing accounts statement, provide to the pensioners the TDS, pension slip, the Due and Drawn Statement in respect of each arrear and the Annual Income Statement”.

In view of the above, Heads of CPPCs and Heads of Government Business Divisions of all the authorized banks are requested to strictly adhere to the above mentioned provision of para 4.6.6 of the CPPC guidelines.

This issues with the approval of Chief Controller (Pensions)

Sd/-
(Praful Dabral)
Sr. Accounts Officer (IT & Tech)

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Non-acceptance of Nomination Form for Life Time Arrear (LTA)

Non-acceptance of Nomination Form for Life Time Arrear (LTA)

CPAO

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
CENTRAL PENSION ACCOUNTING OFFICE
TRIKOOT-II, BHIKAJI CAMA PLACE,
NEW DELHI-110066

CPAO/IT &Tech/Bank Performance/37 [Vol-111)/2018-19/22

15.05.2018

Office Memorandum

Subject :- Non-acceptance of Nomination Form for Life Time Arrear (LTA).

It has been observed that Pension Payee Scheduled Bank branches are not accepting Nomination Form for “Life Time Arrear” on the pretext that their branch has not received any instructions from their head office.

As per para 23 of the Scheme Booklet on acceptance of Nomination Form for Life Time Arrears provides that where the Nomination for the payment of arrears does not exist then the Authorized Bank will seek instructions of the CPAO, who will in turn, refer the matter to AG/CCA/CA/Dy.CA for obtaining the requisite sanction of Head of the Office. As such, the claimant can also approach the Head of Office where the pensioner served before his/her retirement/ death.

Moreover para 4.5.7 of the Scheme Booklet clearly states that “CPPCs may ensure that the responsibilities assigned to Home Branches are enforced so that the pensioners are not redirected to CPPC for redressal of grievances and information needs. Necessary performance measures and monitoring mechanisms, in co-ordination with the respective administrative structures to achieve the desired level of service delivery in Home Branches as well as CPPCs may be instituted by the Bank.”

This issues with the approval of Chief Controller (Pensions).

Sd/-
(Praful Dabral)
Sr. Accounts Officer (IT & Tech)

 

Source: CPAO

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Bharatiya Mazdoor Sangh discusses Insurance and Pension related issues with Dr Jitendra Singh

Ministry of Personnel, Public Grievances & Pensions

Bharatiya Mazdoor Sangh Pension issues

Bharatiya Mazdoor Sangh discusses Insurance and Pension related issues with Dr Jitendra Singh

14 MAY 2018

A delegation of Bharatiya Mazdoor Sangh (BMS), represented by its Pratiraksha (Industrial) unit called on the Union Minister of State (Independent Charge) of the Ministry of Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr Jitendra Singh here today and discussed wide range of issues related to Central Government employees, including Insurance, Pension, promotions and other matters.

In a memorandum presented to the Minister, the delegation submitted that the Central Government Employees Group Insurance Scheme was notified on 1st November 1980 and came into effect from 1st January 1982. The scheme is intended to provide Central Government employees, at a low cost, on a wholly contributory and self-financing basis, the twin benefits of an insurance cover to their families in the event of death in service and a lump-sum payment to augment their financial sources on retirement. However, the BMS demands that the government should immediately notify the customized Group Insurance Scheme for Central Government employees with low premium and high risk cover.

The memorandum also expressed discontentment of a section of employees for being left out from the provision of minimum guaranteed pension under National Pension Scheme (NPS). It requested that a minimum pension be guaranteed equivalent to 50% of the employee’s last drawn Basic Pay plus Dearness Relief for neutralization of price rise.

Among other issues raised by the delegation was the demand for one-time relaxation for compassionate appointments. This has become important because a large number of wards are waiting for their appointment on compassionate grounds to look after their family.

The delegation also demanded the framing of an appropriate transfer policy in all cadres in favour of single woman/single mother employees. They requested that whenever such women are given postings, it should be mandatorily ensured that they are placed at stations closest to their hometown or the place of their choice.

Dr Jitendra Singh said that he will direct the DoPT to process the issues related to them, while other issues related to other Ministries will be referred for the perusal and views of the respective Ministries.

PIB

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E-Pension Payment Order: New Step in the Right Direction

Ministry of Defence
E-Pension Payment Order: New Step in the Right Direction

14 MAY 2018

E-Pension Payment Order

Furthering the Digital India-initiatives of Govt. of India, Principal Controller of Defence Accounts(Pensions), Allahabad has startedissuance of electronic-Pension Payment Orders (e-PPOs) to the pensioners along with their Pension Disbursement Agencies viz., Banks, Defence Pension Disbursement Offices, Post Offices, etc. What began in the first phase, for all Commissioned Officers and JCOs/ORs of Armed Forces from the month of October 2017, has now been extended to all defence pensioners including defence civilians.

Principal Controller of Defence Accounts (Pensions), Allahabad is the sole agency under Ministry of Defence which sanctions Pensions for the Defence Services viz., Army, Coast Guard, Defence Research and Development Organization,General Reserve Engineer Force, Border Roads Organization, Military Engineering Services and other Defence organisations including Defence Account Department and Defence Civilians.

The shift from manual system to e-PPO system is expected to minimize delays in pension disbursement and further revision as and when needed. This initiative also eliminates the occurrence of human errors in data entry at multiple levels.

PIB

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PFRDA Circular – Common Stewardship Code

PFRDA Circular – Common Stewardship Code

PFRDA

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY

B-14/A, Chhatrapati Shivaji Bhawan
Qutab Institutional Area,
Katwaria Sarai, New Delhi – 110 016.
Ph: 011-26517501, 26517503, 26133730
Fax:011-26517507
Website: www.pfrda.org.in

CIRCULAR

PFRDA/2018/01/PF/01

Date: 4th May, 2018

Subject: Common Stewardship Code

1.  National Pension System strives to provide old age income security to its subscribers of which NPS Trust is the legal owner of the funds and the Pension Funds undertaking investment of such monies as per the investment guidelines approved by the Authority. Pension Funds are expected to shoulder greater responsibility towards the subscribers/beneficiaries by enhancing monitoring and engagement with the investee companies. Such activities are commonly referred to as ‘Stewardship Responsibilities’ of the institutional investors and asset managers and are intended to protect the subscribers’ pension wealth. Such increased engagement is also seen as an important step towards improved corporate governance in the investee companies and gives a greater fillip to the protection of the interest of subscribers in such companies.

2. In view of the above, in consultation with Securities and Exchange Board of India (SEBI) and Insurance Regulatory and Development Authority of India (IRDAI), a proposal for introducing a Stewardship Code in India was examined by a sub¬committee of the Financial Stability and Development Council (FSDC) and approved.

3. All the Pension Funds under the NPS architecture shall follow the Stewardship Code as placed at Annex including the voting policy dated 20.04.2017, which is already recognized in such principles and is effective.

4. The principles (other than voting policy which is already in effect) enumerated in the Code shall be effective from the date of issuance.

5. This Circular is issued in exercise of the powers conferred under Sections 14 (1) read with 14 (2) (a) & (b) of the Pension Fund Regulatory and Development Authority Act, 2013.

6. This Circular is available at www.pfrda.org.inJ under the link “Regulatory Framework- Circulars”.

S/d,
(Venkateswarlu Peri)
Chief General Manager

To
Pension Funds registered with PFRDA

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