IMPORTANCE OF HAVING JOINT ACCOUNT WITH SPOUSE FOR PENSION. - Indian Military Veterans

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Capt KS Ramaswamy
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Nov 30, 2020

IMPORTANCE OF HAVING JOINT ACCOUNT WITH SPOUSE FOR PENSION.

Indian Military Veterans


 


                                         WORRIED  WIDOW - NO JOINT ACCOUNT

We had, Time and again  advised our veterans  to convert the existing Pension account in to JOINT ACCOUNT  with their spouse .

For  this , JOINT NOTIFICATION  should have been published.

Now, for the last few months , more than 3 veterans have died. All of them  were having  only SINGLE account.

Though the JOINT  NOTIFICATION  was there,  due to this single a/c , their SPOUSE  have to open,   Bank account  for the credit of their pension.  Here, they have to establish the genuineness, that is , wife of so and so.

More over, they have  to submit Documents  like Form 14, Non-Marriage certificate, Widowhood,  Declaration, Descriptive Roll, Aadhar and PAN card  etc.

 

If there had been Joint account, only a written  intimation along with death certificate will be enough to  change over to Family pension.

Now, the poor WIDOW  has to run,  pillar to post  for getting her pension.

 

It may take more than 3 months time to get the pension  and the widow has to face the financial hardship  for running the  family.

 

All our Ex-Servicemen Associations are once requested to  advise  our veterans in their areas  suitably  to have JOINT ACCOUNT  with their spouse.

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