GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
CENTRAL PENSION ACCOUNTING OFFICE
TRIKOOT-11, BHIKAJI CAMA PLACE,
NEW DELHI-110066
PHONES 25174596. 26174456, 26174438
CPAO/IT & Tech/Bank Performance/37( Val-II)/2016-17/14MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
CENTRAL PENSION ACCOUNTING OFFICE
TRIKOOT-11, BHIKAJI CAMA PLACE,
NEW DELHI-110066
PHONES 25174596. 26174456, 26174438
19.04.2017
Office Memorandum
Subject:- Opening of joint Account by pensioner with first name of pensioner.
Attention is invited to Correction Slip No.1 dated – 08.02.2006 of
Scheme for Payment of Pensions to Central Government Civil Pensioners by
Authorized Ranks on crediting of pension in the Joint Account of
Pensioners with spouse (copy enclosed).
It has been reported that in some cases Banks are allowing the
pensioners to open their pension account as Joint Account with first
name of his/her spouse which may create difficulties for pensioner at
the time of filing the Income Tax Returns as the income tax is assessed
on the income of the pensioner and not of the spouse.
Heads of CPPCs/Government Account Divisions of all the banks are advised
to instruct their bank branches to facilitate the retiring employees
approaching them for opening their pension accounts before their
retirement. In case of Joint. Account, the same may be opened with first
name of pensioner only.
This issues with the approval of Competent Authority.
Encl:-As above
(Vijay Siingh)
Sr. Accounts Officer (IT & Tech)
Sr. Accounts Officer (IT & Tech)
