Press
Information Bureau
Government
of India
Ministry
of Personnel, Public Grievances & Pensions
18-June-2014
15:37 IST
Sub : Reducing Delays in First
Payment of Pension – Submission of Undertaking along with Pension Papers –
Issue of PPO on the Date of Retirement – Reg
The Government has observed that the
first payment of pension after retirement gets delayed mainly due to two
reasons. One, the delay in receipt of intimation by the pensioner that pension
papers have reached the bank and two, delay on part of the pensioner in
approaching the bank for submission of undertaking that he shall refund or make
good any amount to which he is not entitled.
In a recent workshop with Pension
Secretaries of State Governments, Dr. Jitendra Singh, Minister of State for
Personnel, Public Grievances and Pensions stated that the Government had
decided that the required “Undertaking” may be obtained by the Head of Office
from the retiring Government servant and forwarded to the pension disbursing
bank along with the PensionPayment 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. The pensioner would no longer be required to
visit the bank to activate the first payment of pension.
This change in procedure has one
additional 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 to his copy of PPO.
With this change in rules and
procedures, the pensioners would be saved considerable inconvenience and delay
and his pension will commence as soon as he retires.
This and other reform initiatives
were brought forth by Dr. Jitendra Singh, Minister of State in his meeting with
the Pension Secretaries of State Governments held on June 12, 2014.
Source : PIB News
