Wednesday, May 15, 2013

FLASH NEWS




National Pension System (NPS) - Latest status of subscribers of NPS as on 7.5.2013 

 The PFRDA published a new latest table of subscribers of National Pension Scheme as on 7th May 2013. 

Click here to know the status of March 2013

Click here to know the status of Nov 2012

 The NPS status report as on May 7, 2013 is given as under: 


 (I)
SI. No.
Employer/Sector
Number of Corpus under NPS subscribers
(In Rs. crore)
1.
Central Government
11,55,307
18,693
2.
State Government
16,84,649
11,741
3.
Private Sector
2,27,181
1,529
4.
NPS-Lite
19,23,851
604
Total
49,90,988
32,567
Till date 8,817 Tier II accounts have been activated

Status of Implementation of NPS by various States
Number of States
Total Number of States
28
Number of States joined NPS
23
States notified joining NPS but are yet to adopt NPS architecture 2
(Maharashtra, Tamil Nadu)
2
States yet to notify NPS (West Bengal, Keralab, Tnpura)
3
* Kerala has indicated n-pnnciple approval for joining NPS w.e.f. 01.04.2013

Source: www.pfrda.org.in
[http://pfrda.org.in/writereaddata/linkimages/NPS%20Status%20-May2013721280868.pdf]http://feeds.feedburner.com/%7Er/blogspot/Shrh/%7E4/YKNEZFxC3es?utm_source=feedburner&utm_medium=email
FAQ of CSC-2012 : The department of Principal Controller of Defence Accounts (Pensions) has issued illustrations to calculate the pension at revised rates for OROP Pensioners and family pensioners...

Some model Calculations are done here

Being a commissioned officer of Regular Army, the revision is to be done as per Annexure –A (table No 1) annexed to PCDA (P) Circular No 500. Look in relevant column for the rank and relevant row for qualifying service.

The revised pension w.e.f. 24.9.2012 comes out to 27795/- P.M.

Case - I



Name of Pensioner
J.S. Bala

Name of Bank
SBI Chandigarh

Existing Pension
26050/- ( Circular No. 397 )

Rank
Colonel

Qualifying Service
26 Years 05 Months

Date of Commencement
07/06/1990

Being the family of a commissioned officer of Army, the revision is to be done as per annexure –A (table No -2) annexed to PCDA (P) Circular No 500. The revised pension w.e.f. 24.9.2012 comes out to 10923/- p.m.

Case - II



Name of Pensioner
Smt. Amarjit Kaur

Name of Bank
SBI Mohali

Existing Pension
8679/- ( Circular No. 397 )

Rank
Major

Date of Commencement
19/07/1990

Case - III



Name of Pensioner
Sukhvinder Singh

Name of Bank
SBI Ropar

Existing Pension
13500/- ( Circular No. 397 )

Rank
MWO-Hony.Flying Officer

Qualifying Service
34 Years

Date of Commencement
01/01/1985

Date of Birth
08/12/1929

The existing pension of the pensioner is not in order. Firstly, it needs to be raised to 13590/- from 13500/- P.M. wef 01/07/2009 as per PCDA (P) Circular No 482 dt 19/04/02012. Then look for revised pension for the Rank and QS in Table -20 (Air Force) annexed to Circular NO 501. The revised pension should be 15465/- wef 24/09/12.

Moreover, as the pensioner is more than 80 years old, he is also entitled to additional pension corresponding to revised pension.

Nodel Officer for Queries Complaints Related to CSC 2012

Shri S. K. Mahajan, SAO
O/o The PCDA(P)
Draupadi Ghat, Allahabad
211014
Contact No. : 0532- 2421877, 2421879
Ext : 307, 327
Email Address : cda-albd@nic.in,
orop.pcdapension@gmail.com

Source: www.pcdapension.nic.in
[http://pcdapension.nic.in/gen/mcalcu.htm]http://feeds.feedburner.com/%7Er/blogspot/Shrh/%7E4/58ROf4NC1gc?utm_source=feedburner&utm_medium=email

FAQ related to One Rank One Pension

FAQ of CSC - 2012 : The department of Principal Controller of Defence Accounts (Pensions) has issued clarifications as Frequently Asked Questions on implementation of One Rank One Pension to pensioners / family pensioners...
FAQs on Implementation of OROP vide Govt. Order dated 17.01.2013

Q: 1 Are these orders applicable to those pensioners also whose date of commencement of pension is exactly 01.01.2006 ?
A: Yes, these orders are applicable to all the pensioners/family pensioners whose date of commencement of pension is on or before 01.01.2006.

Q: 2 The date of commencement of family pension in respect of a family pensioner is 01.04.2006 whose late husband had retired from the service on 31.08.1999. Will the family pension of the family be revised under these orders?
A: Yes, the family pension will be revised under these orders because the deceased soldier was a pre-2006 retiree.

Q: 3 It is being contended by some pensioners/their associations that the arrears on account of this revision should be paid w.e.f. 01.01.2006 as the orders are merely an amendment to GOI, MoD letter dated 11.11.2008. Please clarify?
A: As the provision of these orders are effective from 24the September 2012. Hence no arrears shall be allowed for the past period.

Q:4 Will the additional pension also be revised accordingly ?
A: The improved pension will be the basic pension from 24.09.2012 and hence additional pension payable will also be revised accordingly by the PDA.

Q:5 The basic pension of a pre-2006 pensioner (Rank - Havildar , Group ‘D’) of Army having total qualifying service of 15 years is slated to be increased from 3500/- p.m. to 5301/- P.M. Is such a high increase in Basic Pension is in order?
A: The increase in BP from 3500/- to 5301/- P.M for the pensioner with particulars as mentioned above is in order. It is evident from the existing basic pension of 3500/-PM and the particulars given above that the PDA has not revised pension of the individual correctly w.e.f. 01.07.2009. The correct entitlement of the individual is as under:

Basic Pension w.e.f. :
Date
Amount (Rs.)PM
Ciruclar No.
01.01.2006
3500/-
397
01.07.2009
4635/-
430
24.09.2012
5301/-
501

Q:6 In most of the cases neither the pensioner has applied to the PDA for revision of their pension nor any Corr PPO or instructions have been received by the PDA from the PSA. Please supply the proforma of application in this regard?
A: It has been clearly mentioned in the orders that the revision of pension by PDAs has to be made with reference to Pension Tables annexed to the orders. No further authorization from the PSA or any application from the affected pensioner is required to carry out the revision.

Q:7 The tables annexed to circular No 501 & Circular No. 502 start from QS of 15 years onwards. How to revise the pension of a pensioner having less than 15 years if qualifying years?
A: Following elements of pension / type of pension are to be revised by PSA.

  • Special Pension
  • Invalid pension
  • Service element of disability pension in respect of PBOR discharged with less than 15 years qualifying service
  • Service pension of TA personnel irrespective of their QS service and
  • Service element of War Injury Pension and Liberalized Disability Pension

Q:8
Mr. ‘X’ who is a Hony Nb Sub, Gp ‘D’ pensioner having total QS of 24 years is already drawing a basic pension of 7750/- PM. However as per table – 4 (Army) annexued to Cir No 501, his basic pension w.e.f. 24.9.12 should be 7601/- PM. Please advise how to regulate such cases.
A: The existing pension of the pensioner in such cases might have been revised by PCDA (P) by issuing Corr PPO (s) based on some courts orders etc. No action by PDA is required in such cases.

Q:9 Mr ‘X’ is a DSC pensioner in receipt of two pensions, one for regular Army service, and another for DSC service. Are both these pensions to be revised by PDAs?
A: The pension for regular Army service will only be revised under these orders by the PDA. A reference for revision of pension for DSC service will be sent to PCDA (P).

Q:10  The tables annexed to Circular No 501, in respect of DSC pensioner seem to be incomplete e.g. the table in respect of Sep of DSC are only up to QS of 23 years. How to revise pension of a sep of DSC who has total QS of 24 years or above?
A: Sepoy in DSC have maximum engagement period up to 20 years only with the exception that the maximum term of engagement can be up to 23 years in case of pensioner retired on or 30.5.98. Hence QS in such type of cases may be restricted to the maximum permissible and pension revised accordingly. Period-wise complete list of maximum terms of engagement for JCOs/ORs is enclosed in Appendix-X to Cir No 501.

Q:11  There is no table annexed to Cir No 502 to revise Ordinary Family Pension for NOKs of DSC Personnel. Please advise how to revise such cases ?
A: The family pension in respect of DSC personnel who are in receipt of family pension for only DSC service are to be revised at the same rates as given for family pensioners of Regular Army. DSC personnel on “clerical duty” and “other duty” are entitled for family pension of regular Army personnel of group “Y” and “Z” respectively.

Q:12  What are the basic fields/data required to revise pension under these order?
A: The basic fields/data required to revise pension under these orders are as follows:

Type of pension viz Retiring pension/service pension/ Ordinary Family Pension/ Special Family Pension/ War 1. Injury Pension/ Dependant Pension
2. Rank of the pensioner
3. Group of the pensioner (only for JCOs / PBORs)
4. Qualifying service (without weightage)
5. Record Office
6. Date of commencement
7. Date of Retirement

Q :13 How to look for the above information in the PPO or related record ?
A: In case of Post -86 retires all the information is generally available in the original PPO of the Pensioner. In cases where the required information is not available in the PPO or other record of the PDA, the missing information may be called for from the PSA concerned.

Q:14 In case of Pre-86 retires Qualifying service is generally not available in the PPO of the pensioner. Pl. advise the way out to regulate such cases.
A: The qualifying service in such type of cases can be looked for in the original Descriptive Roll of the pensioner or in the Corrigendum PPO(s). Original discharge book/certificate issued to the pensioner by the Record office is also an authentic source of such information.

Q: 15 Is capturing of information about Record office financially importance or can be done away with?
A: Following are the 4 major categories of JCOs/PBORs based on Record office.

Naval Record Office
Air Force Record Office
DSC Cannanore Record Office
All other Record offices except those mentioned above.

Different tables are available to cater to these categories and hence the importance of information about Record Office can’t be done away with.


Source: www.pcdapension.nic.in
[http://pcdapension.nic.in/gen/faq1.htm]