Non-issue of Pension slip by banks CPAO/1T&Tech/Bank Performance/37 (Vol III)/2018-19/23 Dated: 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 … Read more
Deficiency in providing of services by banks to sick pensioners/family Pensioner – CPAO OM CPAO/IT&Tech/Bank Performance/37(Vol-II)(A)/2008-19/17 25.04.2018 Office Memorandum Subject:‐ Deficiency in providing of services by banks to sick pensioners/family Pensioner It has been observed that number of grievances are being received in CPA0 regarding deficiency in services rendered by banks to pensioners/family pensioners. Pensioners/family … Read more
Grant of Additional Pension Increased to the Government Pensioners after 70 years, 75 years and 80 years 7th Pay Commission Recommendations on Additional Pension The additional pension with advancing age came into force based on the recommendations of the VI CPC. The rates as applicable for the additional pension are as under: 80 years to … Read more
Payment of arrears accruing in respect of deceased pensioners/family pensioners to the nominee/legal heir CPAO/IT&Tech/Simplification/11.Vol-VI/2017-18/2016 Dated: 12.03.2018 Subject: Payment of arrears accruing in respect of deceased pensioners/family pensioners to the nominee/legal heir. On death of the pensioners/family pensioners, the pension account is closed by the bank and the balance amount in the account of pensioners/family … Read more
Pension Rates under CPF The Central Government employees who are covered by CPF Rules (India) 1962 and who retired on or after 01.01.1986 are not entitled to any monthly pension/ex-gratia amount. However, the Government employees under CPF who retired between 18.11.1960 and 31.12.1985 are entitled to monthly ex-gratia amount of the following rates: S.No Group … Read more
Standard Deduction Applicable for Pensioners – Clarification Ministry of Finance Clarification regarding applicability of standard deduction to pension received from the former employer The Central Board of Direct Taxes (CBDT) has clarified that the pension received by a taxpayer from his former employer is taxable under the head “Salaries”. The Finance Act, 2018 has amended … Read more
BHAVISHYA – Pension Sanction & Payment Tracking System An Initiative of Department of Pension & Pensioners’ Welfare BHAVISHYA Department of P&PW has introduced an online Pension Sanction and Payment Tracking System called ‘BHAVISHYA’. Actions for timely payment of retirement dues and issue of Pension Payment Order (PPO) start one years before the date of retirement … Read more
Simplification of Pension Procedure – Submission of Life Certificate CENTRAL PENSION ACCOUNTING OFFICE CPAO/IT&Tech/Bank Performance/37(Vol.III)/2017-18/208 19.03.2018 Subject:- Simplification of Pension Procedure – Submission of Life Certificate Attention is invited to CPAO’s 0M No. CPAo/Tech/Simplification/2012-13/325 dated-18.02.2013 on the above subject whereby it was decided to submit the life certificate to any branch of the authorized bank … Read more
2nd Option of Pension for Compulsorily Retired Officers/Employees Indian Banks’ Association HR & INDUSTRIAL RELATIONS No.HR&IR&HR/CIR/G2/BRK/4684 March 16, 2018 Chief Executives of Member Banks which are parties to the Bipartite Settlement Dear Sir/Madam, 2nd Option of Pension for Compulsorily Retired Officers/Employees The United Forum of Bank Unions (UFBU) representing workmen and officers in Banks were … Read more
7th CPC Pension Revision Status F.No.CPAO/Co-Ord/(100)/2017-18/491 GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF EXPENDITURE CENTRAL PENSION ACCOUNTING OFFICE TRIKOOT-II, BHIKAJI CAMA PLACE, NEW DELHI-110066 Dated: 22nd Jan, 2018 All the Joint Secretaries (admin)/Admin in charge Ministries/ Departments Government of India Sub: Providing a link of CPAO website in the websites of Ministries/Departrnents and their attached/ subordinate … Read more