PENSION LIFE CERTIFICATE NOW AT ANY BRANCH OF YOUR PENSION ACCOUNT BANK - Indian Military Veterans

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Aug 27, 2014

PENSION LIFE CERTIFICATE NOW AT ANY BRANCH OF YOUR PENSION ACCOUNT BANK

Indian Military Veterans
Pension Life Certificate at any branch of bank – Amendment to Scheme
Central Government Pensioners and Family Pensioners can submit life
certificate at any branch of bank in which they receive monthly
Pension amount.
Simplification of Pension Procedure- Amendment in para 15 and para 16
of “Scheme for payment of pensions to Central Govt. Civil Pensioners
by Authorised Bank”
Government of India
Ministry of Finance
Department of Expenditure
Central Pension Accounting Office
Trikoot-II, Bhikaji Cama Place
New Delhi.
CPAO/Tech/Simplification/2012-
13/325
18.02.2013
Office Memorandum
Subject: – Simplification of Pension Procedure- Amendment in para 15
and para 16 of “Scheme for payment of pensions to Central Govt. Civil
Pensioners by Authorised Bank”.
1. Attention is invited to the provisions contained in paras 15 and 16 of
the Scheme Booklet regarding submission of life & other certificates
and inter bank /intra bank transfer of pension Account.
2. Keeping in view the need to make the process of submission of
certificates user friendly and in line with the technological
advancement in the banking industry, it has been decided to allow
pensioner/family pensioner to submit the life certificate as well as
other certificates to any branch of the Bank through which his /her
pension/family pension is being disbursed.
3. Further with the introduction of CBS and implementation of CPPC,
the pensioner/family pensioner who is desirous of transferring his/her
pension account from one branch to another branch (whether local or
out station) of the same bank should has the option of putting in his/
her request at either of the two branches instead of the present
dispensation wherein transfer request is entertained only at the home
branch. The transfer application will require mentioning both account
numbers (in the old & new branch) with both branch contact details.
The branch receiving the application will scan and register the same
to CPPC. CPPC will coordinate the continuity of disbursement of
monthly pension/family pension without any break.
4. All banks are hereby directed to follow the above procedural
modifications in pension process and issue necessary instructions to
all concerned accordingly.
5. This issues with the concurrence of Department of Pensions &
Pensioners Welfare, Ministry of Personnel, Public Grievances &
Pensions and Department of Expenditure, Ministry of Finance.

 
Sd/-
(Vandana Sharma)
Chief Controller (Pensions)

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