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Payment of Pension to Government Pensioners under the various schemes for payment of pensions through Public Sector Banks

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Master Circular- Disbursement of Pension by Agency Banks

Introduction


The payment of pension to retired Government employees is governed  by the relevant Schemes prepared by concerned Ministries/Departments with the approval of Controller General of Accounts, Ministry of Finance, Government of India or by State Governments and involves payment of basic pension, increased Dearness Relief and other benefits as and when announced by the Governments. Various circulars issued in this connection are summarized hereunder for information. 
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1.Disbursement of Central Government Pension through Public Sector Banks-Issue of Pension Slips to Defence Pensioners:


(Ref. DGBA.GAD. H-17663/45.05.031/ 2006-07 dated June 12, 2007)


It has been decided in consultation with the Office of Chief Controller of Defence Accounts and the Department of Ex-Servicemen welfare, Ministry of Defence to issue pension slip to Armed Forces Personnel/ Defence Civilian pensioners including family pensioners on par with the existing system as applicable to Central Government Pensioners (Civil). All the agency banks were advised to issue suitable instructions to their pension paying branches.
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 2.Acceptance of nomination in form ‘A’ and ‘B’- Central Civil Pension (Ref: DGBA. GAD. No.H-94/45.05.031/2004-05 dated August 24, 2004)


With a view to redressing inconvenience to the pensioners and their heirs, it has been advised by the Government that all pension paying bank branches should accept nomination in form ”A” or “B” as the case may be, submitted by the pensioners for the payment of arrears of pension to the heirs.
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3.Payment of pension through Authorised Banks-Credit of Pension to Joint Bank Account operated by a pensioner with his/  her spouse.


(Ref.DGBA.GAD.No.H-2134/45.02.001/2006-07 dated August 4, 2006)


Ministry of Defence and the Principal Controller of Defence Accounts have modified the scheme for payment of pension permitting credit of pension also to a joint account operated by pensioner with his/her spouse in whose favour an authorization for family pension exists in the Pension Payment Order (PPO).  The joint account of the pensioner with the spouse could be operated either by 'Former or Survivor' or 'Either or Survivor' basis subject to the following terms and conditions :


(a) Once pension has been credited to a pensioner's bank account, the liability of the government/Bank ceases.  No further liability arises, even if the spouse wrongly draws the amount.


(b) As pension is payable only during the  life of a pensioner, his/her death shall be intimated to the bank at the earliest and in any case within one month of the demise, so that the bank does not continue crediting monthly pension to the joint account with the spouse, after the death of the pensioner.  If, however, any amount has been wrongly credited to the joint account, it shall be recoverable from the joint account and/or any to her account held by the pensioner/spouse either individually or jointly.  The legal heirs, successors, executors etc. shall also be liable to refund any amount, which has been wrongly credited to the joint account.


(c) Payment of Arrears of pension (Nomination) Rules 1983 would continue to be applicable to a Joint Account with the pensioner's spouse.  This implies that if there is an 'accepted nomination' in accordance with rules 5 and 6 of these Rules, arrears mentioned in the rules shall be payable to the nominee.


Existing pensioners desiring to get their pension credited to a joint account as indicated above are required to submit an application to the branch bank, from where they are presently drawing pension in the prescribed form.  This would also be signed by the pensioner's spouse in token of having accepted the terms and conditions laid down in this Office Memorandum. These instructions are also applicable to the Government Servants who will be retiring after the issue of this Office Memorandum.
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4.Disbursement of Central Government Pension through Public Sector Banks-Issue of Pension Slips to Defence Pensioners:


(Ref. DGBA.GAD. H-17663/45.05.031/ 2006-07 dated June 12, 2007)


It has been decided in consultation with the Office of Chief Controller of Defence Accounts and the Department of Ex-Servicemen welfare, Ministry of Defence to issue pension slip to Armed Forces Personnel/ Defence Civilian pensioners including family pensioners on par with the existing system as applicable to Central Government Pensioners (Civil). All the agency banks were advised to issue suitable instructions to their pension paying branches.
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 5.Refund of overpayment of pension to the Government Account.


(Ref.DGBA.GAD.No.H-10450 /45.03.001/2008-09,dated June 1, 2009)


Government of India have advised us that the overpayments of pension made by the banks are not credited back to Government account by the banks in lump sum but are remitted in installments as and when recovered from the pensioner. As this causes  loss to the Government, all agency banks have been advised that whenever any excess / overpayment  is detected the entire amount thereof should be credited to the Government account in lump sum immediately.
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6.Pension Payment to central/ State Govt. Pensioners by agency Banks-Delay


(Ref.Do.No.CSD.CO/ 8793/13.01.001/2009-10 dated April 09, 2010)


Reserve Bank of India is receiving several complaints from the pensioners alleging inordinate delay in disbursing the revised pension and arrears. Position was reviewed by RBI and our Customer Service Department has issued instructions to the agency banks as under :


i) Pension paying banks should compensate the pensioner for the delay if any in crediting the pension/ arrears thereof by paying compensation at Bank Rate plus 2% penal interest for the delay after the due date automatically without waiting for any claim from them. This is applicable to all delayed pension payments made since October 1, 2008.


ii) System of attending to customer service including pension payments may be reviewed.


iii) The branch continues to be a point of referral for the pensioner lest he/she feel disenfranchised.


iv) all branches having pension accounts should guide and assist the pensioners in all their dealing with the bank.


v) suitable arrangements are made to place the arithmetic and otherdetails about the pension calculations on web, to be made available to the pensioners through the net or at the branches at periodic interval as may be necessary and sufficient advertisement  is made about such arrangements
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No proposal to declare DA as dearness pay, after DA crosses 50% is under consideration of the Government

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GOVERNMENT OF INDIA – MINISTRY OF FINANCE – LOK SABHA
UNSTARRED QUESTION NO 859 / ANSWERED ON 25.02.2011

DA OF CENTRAL GOVERNMENT EMPLOYEES

859 . Smt. P. JAYA PRADA NAHATA 

NEERAJ SHEKHAR
YASHVIR SINGH

Will the Minister of FINANCE be pleased to state:-

(a) whether Government has plans to increase dearness allowanceeffective from 
January,2011 for Central Government employees with a rate that commensurates 
with the inflationary trends and plights of working class in the past few months;

(b) if so, the details thereof and if not, the reasons therefore;

(c) whether Government has any proposals to declare DA as Dearness Pay when it will 
cross 50 per cent, as it was done during the 5th Pay Commission;

(d) if so, the details thereof; and

(e) if not the reasons therefore?

ANSWER

MINISTER OF THE STATE IN THE MINISTRY OF FINANCE (SHRI NAMO NARIAN MEENA)

(a)&fb): Increase in Dearness Allowance payable to Central Government employees with 
effect from January, 2011 will be worked out on basis of accepted formula which is 
based on the recommendation of 6th Central Pay Commission.

(ch(d) &(e): No proposal to declare DA as dearness pay, after DA crosses 50% is under 
consideration of the Government. The Sixth Pay Commission did not recommend 
merger of dearness allowance with Basic Pay at any stage. Government accepted this 
recommendation vide Government of India Resolution dated 29.8.2008.

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HOW TO APPROACH THE BANKS TO GET YOUR ARREARS

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WHY THE BANKS ARE DELAYING  THE PAYMENT OF
REVISED PENSION TO THE P.B.O.Rs.?
WHAT IS THE SOLUTION ?
HERE IS A REMEDY THROUGH RIGHT TO INFORMATION ACT
SUBMIT AN APPLICATION THROUGH R.T.I
TO THE PUBLIC INFORMATION OFFICER OF THE BANK's HEAD OFFICE.
ENCLOSING A Rs.10 POSTAL ORDER.


PLEASE FILL THE RTI APPLICATION FORM WITH
THE PENSION PARTICULARS AND SEND TO THE P.I.O OF THE BANK.
A DRAFT FORMAT IS GIVEN BELOW.


The application format for submitting an application under RTI Act.
APPLICATION U/S 6(I) FOR SEEKING INFORMATION UNDER
THE RIGHT TO INFORMATION ACT-2005.
From
…………………….
…………………….
…………………….
To
The Public Information Officer,
………………………………….
………………………………….
PART – I
1. Name of the applicant                                :
2. Date of Birth                                              :
3. Gender                                                        :
4. Father’s Name                                           :
5. Mother’s Name                                         :
6. Present /Permanent address                     :
7. Proof of address                                         : (Attach Xerox copy of ration card or
Voter ID)
PART –II
(i)         Particulars of information sought is enclosed in a separate sheet.
(ii)        The information is sought for is required in printed form.
(iii)       Whether inspection of records is also sought – No.
(iv)       Postal order for Rs.10/- is enclosed as application fee.
Declaration of the Applicant.
(i)  I am a bonafide citizen of India and owe allegiance to the sovereignty, unity and Integrity of India and have not voluntarily acquired the citizenship of another country.
(ii) The information given in this form is true and I am solely responsible for its accuracy.
Place:                                                                          Signature of the Applicant.
Date:






PARTICULARS OF INFORMATION SOUGHT


I am a defence pensioner drawing pension from your Bank’s ___________Branch.
My Defence pension particulars are: Name..................................................................................
PPO No....................................................Rank.........................Qualifying Service.........................
Date of Discharge........................... Group..........................Existing Pension.............................
Saving Bank Account No..................................................
Government of India, Ministry of Defence vide their letter dated.08.03.2010, issued  instructions to all PDAs to revise the pension of all PBOR pensioners (Pre-2006) w.e.f. 1.07.2009 and pay arrears by 10th June, 2010.
Now it is more than 3 months passed, my pension has not been revised and the arrears paid to me.  The time limit given by the Govt. is over.  Any further delay in paying beyond this date will attract penal interest and compensation for the mental agony and legal expenses.
Now it is evident, that your Bank and the person responsible in the Branch for paying had failed.  I now request you kindly furnish me the full particulars of the person responsible for the delay in paying my pension and arrears to enable me to proceed against him legally for suitable compensation and other expenses etc.


Date:                                                                                                                   Signature of the Pensioner.
Place:                                                                                                                 (Name....................................)



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PDA's (BANKS) SHOULD COMPENSATE THE PENSIONER FOR THE DELAY

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RBI is receiving several complaints from the pensioners alleging inordinate delay in disbursing the revised pension and arrears.


The position was reviewed by RBI and Customer Service Department.  They have issued instructions to the agency banks as under:-


“Pension paying banks should compensate the pensioners for the delay if any in crediting the pension/arrears thereof by paying compensation at Bank Rate Plus 2% Penal Interest for the delay after the due date automatically without waiting for any claim from them.”


This is applicable to all delayed pension payment made since October, 2008.

http://www.rbi.org.in/scripts/BS_ViewMasCirculardetails.aspx?id=5851

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CSD Depots in Himachal Pradesh

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Government of Himachal Pradesh has requested this Ministry for setting up of a CSD Depot in the State in view of the number of Servicemen, Ex-servicemen and their families residing there.


Land measuring approximately 188kanals had been offered by Himachal Pradesh Government in this regard. However, the same was not found to be suitable, since some of it Included khud/nallah which is prone to flooding during rainy season. 


It is not possible at this stage to anticipate the time likely to be taken for setting up the Depot at Una in view of the fact that the Government of Himachal Pradesh is yet to identify another piece of suitable land. Once a suitable alternate land is offered by the State Government the proposal will be considered depending upon availability of budget and manpower. 


This information was given by Defence Minister Shri AK Antony in a written reply to ShriVirenderKashyap in LokSabha today. 


PK/NN 
(Release ID :78428)
Source : PIB

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One Rank-One Pension

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The gap between past pensioners and their youger equivalents retiring from the armed forces does not necessarily keeps widening with every successive pay commission. Over the years several improvements have been made in pension of past pensioners. The pension of past pensioners have revised in accordance with recommendation of each successive Pay Commission, as accepted by the Government. The Sixth Pay Commission had recommended fitment formula and modified parity for past pensioners, in order to reduce the gaps, which were accepted by the Government.


Pension Improvement is an ongoing process and considerable improvements have been made in the pensions of armed forces personnel. The Group of Ministers (GoM) had in 2005 improved the pensionary benefits of PBORs. On the recommendations of PMO, a Committee was set up under the Chairmanship of Cabinet Secretary in June, 2009 to look into the issue of `One Rank One Pension and other related matters. After considering all aspects of the matter, the Committee keeping in mind the spirit of the demand, suggested several measures to substantially improve pensionary benefits of Personnel Below Officer Rank (PBOR) and Commissioned Officers, which have been accepted by the Government and orders for implementation of all the recommendations have been issued. These are available at www.pcdapension.nic.in. 


This information was given by Minister of State for Defence Shri MM PallamRaju in a written reply to Dr.RajanSushantand others in LokSabha today. 


PK/NN 
(Release ID :78436)


ource : PIB

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CSD PRICE LIST

  • CSD-Price-List-for-Volkswagen-Cars---Post-GST-Rates