The Government has streamlined procedures for retiring
employees so that delays may be overcome in earliest commencement of pension.
This follows directions issued by Dr. Jitendra Singh, Minister of State for
Personnel, Public Grievances & Pensions to the workshop held with the
Pension Secretaries of various State Governments here on June 12, 2014.
Delegates pointed out during the course of deliberations that the release of pension after retirement gets delayed mainly due to two reasons. Primarily, the delay in receipt of intimation by the pensioner that pension papers have reached the bank and secondly, delay on the part of pensioner in approaching the bank for submission of undertaking that he shall refund any amount paid to him to which he is not entitled.
As per the new guidelines, the Government has decided that the requisite undertaking may be obtained by the Head of Office from the retiring employee and forwarded to the pension disbursing bank along with the Pension Payment Order (PPO). The bank shall credit the pension to the account of the pensioner as soon as this undertaking is received along with the pension documents.
This change in procedure has an added advantage that the PPO can now be handed over in person to the retiring employee along with other retirement dues. Earlier the pensioner had to approach the bank for PPO.
With this change in rules and procedures, the pensioners would be saved of considerable inconvenience and delay and his pension will commence as soon as he retires.
Delegates pointed out during the course of deliberations that the release of pension after retirement gets delayed mainly due to two reasons. Primarily, the delay in receipt of intimation by the pensioner that pension papers have reached the bank and secondly, delay on the part of pensioner in approaching the bank for submission of undertaking that he shall refund any amount paid to him to which he is not entitled.
As per the new guidelines, the Government has decided that the requisite undertaking may be obtained by the Head of Office from the retiring employee and forwarded to the pension disbursing bank along with the Pension Payment Order (PPO). The bank shall credit the pension to the account of the pensioner as soon as this undertaking is received along with the pension documents.
This change in procedure has an added advantage that the PPO can now be handed over in person to the retiring employee along with other retirement dues. Earlier the pensioner had to approach the bank for PPO.
With this change in rules and procedures, the pensioners would be saved of considerable inconvenience and delay and his pension will commence as soon as he retires.
Source : PIB
