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Wednesday, 4 October 2017

Implementation of Superannuation Pension Scheme as per BSNL Employees Superannuation Pension Trust Rules


BSNL-Employees-superannuation-pension-scheme

BHARAT SANCHAR NIGAM LIMITED
(A Govt. of India Enterprise)
CORPORATE ACCOUNTS SECTION-1
1st Floor, Bharat Sanchar Bhavan,
H.C. Mathur Lane, Janpath
NEW DELHI - 110001
Circular No. 382
No: 500-51 /2015-16/CA II/BSNL
Dated 28th Sep 2017
To,
The Chief General Manager,
All Circles
BSNL

Sub: Implementation of Superannuation Pension Scheme as per BSNL Employees Superannuation Pension Trust Rules.
Ref: No: 500-51/2015-16/CA II/BSNL dated 20.04.2017

As a measure of extension to social security to the BSNL recruited employees (as defined in BSNL Employees Superannuation Pension Trust Rules), BSNL has approved the implementation of Superannuation Pension Scheme w.e.f. 05.05.2016. Accordingly, BSNL has framed BSNL Employees Superannuation Pension Fund Trust Rules (copy of the Trust Rules is enclosed ). As per the Trust Rules, BSNL will contribute at the rate of 3% of Basic Pay plus IDA per month for all BSNL recruited employees, as defined in the Trust Rules. The employees may also contribute to the scheme on a voluntary basis. The quantum of employees' contribution to the scheme is governed by the Trust Rules.

In this connection, the basic procedural as well as accounting aspects of the scheme are given below:

1 There are two GL codes in respect of superannuation pension scheme.
  • Claims Payable to Superannuation Pension Fund Trust - 1310203
  • Superannuation Pension Expenses - 5010310
2 Initially, on the basis of the process run in SAP, the total amount booked under Liability GL Code-1310203 upto September 2017, will be paid to the fund manager Corporate Office.

ParticularsDebitCredit
Superannuation Pension Expenses
GL Code 5010310
XXX
Claims Payable to Superannuation Pension Fund Trust
GL Code-1310203
XXX

3 With effect from October 2017, on a monthly basis, at the time of preparation of salary:
  • GL Code 5010310 will be debited for the Employer Share.
  • GL Code 1310203 will be credited by the amount of Employer share and Employee Share of superannuation pension scheme.
4 After completion of the salary process, total of the monthly credit under GL Code 1310203 duly tallied with the schedules, shall -be transferred to the Superannuation Trust on 5th of the following month followed by transfer of the equal amount to the fund manager by the Trust at Corporate Office level. Circles should reconcile the amount booked in GL code 1310203 with the HCM schedules by 4th of the following month.

5 At the time of maturity of the scheme on account of superannuation / retirement / resignation / death of the employee, the employees / nominee of the employees will be required to opt for the pension option offered by LIC as also annexed With this circular. To opt for the pension options, employees / nominee of the employees shall submit the requisite forms duly filled to the DDO/AO(Cash).

6 Circles should ensure to " revise the terms and conditions of deputation services to this effect and arrange to communicate with such other organizations.

7 The SAP related operational guidelines have already been issued by ERP HCM team.

8 General Instructions
  • In the beginning, the DDOs will ensure to get the amount of monthly voluntary contribution and duly filled Nomination Form (copy enclosed) from the employees.
  • At the time of maturity of the scheme on account of superannuation/ retirement/ resignation / death of the employee, the DDOs/AO(Cash) will ensure to send the claim form to GM(CA), CO, BSNL in original. Separate set of forms to be sent to this office for death and other than death cases are enclosed as Annexure 'A' and 'B' respectively. Each page of the claim form should be authenticated by the DDO/AO(Cash).
  • LIC, the fund manager, of the BSNL Employees Superannuation Pension Scheme will provide the facility of online Web portal for each Employee through which the employees will be able to have updated. information on his superannuation pension contribution fund. The procedure to check the portal will be intimated in due course.
Hindi version will follow.
Sd/-
(V M Gupta)
Dy. General Manager (CA-III)
Source: bsnleuchq.com
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Restoration of full pension in respect of Defence Service Personnel who had drawn lump sum payment on absorption in Public Sector Undertakings/Autonomous Bodies


Restoration of full pension in respect of Defence Service Personnel who had drawn lump sum payment on absorption in Public Sector Undertakings/Autonomous Bodies
Office of the Pr.C.D.A.(Pensions),
Draupadi ghat, Allahabad - 211014
Tele : (0532) -2421877
Section Order No. 13
Date: 03.10.2017

Subject : Restoration of full pension in respect of Defence Service Personnel who had drawn lump sum payment on absorption in Public Sector Undertakings/Autonomous Bodies.

Reference: (i) GoI, MOD letter No. 1(04)/2007-D(Pen/Policy) dated 18.09.2017
(ii) This office Section order No. 01 dated 14.01.2008,

The methodology to workout restoration of pension was issued for those Defence pensioners who had drawn lump sum payment on absorption in Public Sector Undertakings/Autonomous Bodies vide Ministry of Defence letter No.1(4)/2007-D(Pen/Policy) dated 04.12.2007.

In compliance of Hon'ble Supreme Court order dated 01.09.2016 in Civil Appeal No. 6048/2010, GOI, Ministry of Personnel, Public Grievances & Pensioners, Deptt. of P & PW vide their OM F.No. 4/34/2002-P&PW(D)-Vol.-II dated 23.06.2017 read with OM of same no. dated 21.07.2017, have decided to extend the benefit of ibid orders of Hon'ble Supreme Court to all such absorbee pensioners who had taken 100% lump sum amount and in whose case 1/3rd pension had been restored after 15 years, by restoring their full pension after expiry of commutation period of 15 years from the dated of payment of 100% lump sum amount.

The above matter has been considered by the GOI, MOD Dept. of Ex- servicemen Welfare and it has been decided that the provisions of GOI, Ministry of Personnel, Public Grievances & Pensions, Deptt. of P & PW vide their OM F.No. 4/34/2002-P&PW(D)-Vol.-II dated 23.06.2017 shall also apply mutatis mutandis to all Armed Forces pensioner absorbed in PSUs/Autonomous bodies.The pension in terms of these orders shall be revised by respective PSAs suo-moto by issuing corrigendum PPOs in all affected cases. No application in this regard shall be called for either from the pensioners or from the PDAs concerned.

The concerned operative sections may identify effected cases and issue corrigendum PPOs in terms of ibid Govt. letter dated 18.09.2017 on priority basis

No. G-1/M/0104/ICOs/Vol.-VI
Date:03.10.2017
S/d,
(Nasim Ullah)
ACDA (Pension)


No.1(04)/2007-D(Pen/Policy)
Government of India
Ministry of Defence
Department of Ex-servicemen Welfare
New Delhi-110011
Dated: 18th September 2017
To
The Chief of the Army Staff
The Chief of the Naval Staff
The Chief of the Air Staff

Subject: Restoration of full pension in respect of Defence Service Personnel who had drawn lump sum payment on absorption in Public Sector Undertakings / Autonomous Bodies.

Sir,
The undersigned is directed to refer to this Ministry's letter no. 1(4)/2007-D(Pen/Policy) dated 4.12.2007 under which revised methodology to workout restoration of pension was issued for those Defence pensioners who had drawn lump sum payment on absorption in Public Sector Undertaking/Autonomous Bodies. The restored pension as well as full amount of pension was further revised with effect from 01.01.2006 in terms of this Ministry's letter No. 1(4)/2007- D(Pension/Policy) dated 21.08.2009 as amended vide letter No. 1(4)12007-D(Pen/Policy) dated 09.02.2011, letter No. 1(1)/2014- D(Pen/Policy) dated 16.10.2014. As per these orders, payment of dearness relief and additional pension to old pensioners is regulated on the basis of the notional full revised pension.

2.In compliance of Hon'ble Supreme Court Order dated 01 09.2016 in Civil Appeal No. 6048/2010 and Civil Appeal No. 6371/2010, Govt. of India, Ministry of Personnel, Public Grievances & Pensions, Department of Pension & Pensioners Welfare vide their OM F.No. 4/34/2002- P&PW(D)-Vol II. dated 23.6.2017 read with OM of same No dated 21.07.2017, have decided to extend the benefit of ibid orders of Hon'ble Supreme Court to all such absorbee pensioners who had taken 100% lump sum amount and in whose case 1/3rd pension had been restored after 15 years, by restoring their full pension after expiry of commutation period of 15 years from the date of payment of 100% lump sum amount.

3.Matter has been considered and it has been decided that the provisions of Govt. of India, Ministry of Personnel, Public Grievances & Pensions, Department of Pension & Pensioners Welfare OM F.No. 4134/2002-P&PW(D)-Vol. II dated 23.6.2017, shall also apply mutatis mutandis to all Armed Forces pensioner absorbed in PSUs/ Autonomous bodies. Other terms and conditions prescribed vide this Ministry’s letters issued from time to time which are not affected by the provisions of this letter, shall remain unchanged.

4.The Armed Forces PSU absorbees whose full pension is restored in terms of the above instructions would also be entitled for revision of their pension in accordance with the instructions issued from time to in implementation of the recommendations of the Pay Commissions, including 7th Central Pay Commission.

5.The pension in terms of these orders shall be revised by respective Pension Sanctioning Agencies suo-moto by issuing Corrigendum PPOs in all affected cases. No allocation in this regard shall be called for either from the pensioners or from the PDAs concerned.

6.This issues with the concurrence of the Finance Division of this Ministry vide their ID No. 31(8)/9/Fin/Pen dated 07.09.2017.

7.Hindi version will follow.
S/d,
(Manoj Sinha)
Under Secretary to Govt. of India
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