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Showing posts with label Central Government Civil Pensioners. Show all posts
Showing posts with label Central Government Civil Pensioners. Show all posts

Monday, 11 November 2019

CPAO – Discontinuation of BSR code

CPAO – Discontinuation of BSR code

CAPO

Discontinuation of BSR code

CPAO/1T&Tech/e‐PPO/6(Vol‐ X) (D)/PF/2019-20/140
01.11.2019

OFFICE MEMORANDUM

Subject: Discontinuation of BSR code-regarding

Kind attention is invited to this office OM No. CPAO/IT tech/e-PPO/6 (Vol-X)(D)/ 2019-20/81 dated 19.08.2019 (copy attached wherein all the Heads of CPPCs of Authorized Banks were requested to offer comments on shifting from BSR Code to IFSC for processing the pension cases of the pensioners concerned under “Scheme for payment of Pension to Central Government Civil Pensioners through Authorised Banks”.

Also check: CPAO – Applications for engagement of Three Consultants on Contract Basis

The matter was also taken up with Reserve Bank of India (RBI) and it is intimated that RBI has conveyed their concurrence on the proposal from shifting from BSR Code to IFSC for processing the pension cases of the pensioners. Copy of comments received from RBI is attached.

No comments from the Banks side have been received in this office. Therefore, all the Heads of CPPCs of Authorized Banks & Govt. Business Deptt. are once again requested to offer their comments on the proposal from shifting from BSR Code to IFSC expeditiously, in any case not later than 15th December, 2019. If no reply / comments are received from the Banks, it will be assumed that they have nothing to say on the matter. Priority may be accordingly given to this issue.

This issues with the approval of the Chief Controller (Pensions).

Encl:- As above

(Md. Shahid Kamal Ansari)
(Dy. Controller of Accounts)

Source: CPAO

CPAO – Discontinuation of BSR code
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Friday, 21 April 2017

Opening of joint Account by pensioner with first name of pensioner

Opening of joint Account by pensioner with first name of pensioner.

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)/2016-17/14
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)

Amendment to the Scheme for Payment of Pensions to Central Government Civil Pensioners by Authorised Banks (Fourth Edition, 3rd December, 2004)

Correction Slip No.

The following lines may be added at the end of existing pars 4.1
Para 4.1
Page-2

Paying branch may also credit in his or her joint account operated by pensioner with his I her spouse in whose favour an authorization for family pension exists in the Pension Payment Order (FPO). The joint account Of the pensioners with the spouse could be operated either by "Former or Survivor"or 'Either or Survivor' basis subject to the following conditions:-

(a) Once pension has been credited to a pensioner's bank account, the liability of the Government/bank ceases. No further liability arises, even if the spouse wrongly drawn the account

(b) As pension is payable only during the life of a pensioner, his I her death shall be intimated to the bank at the earliest and in any case within one month of the demise, so that the bank does not continue crediting monthly pension to the joint account with the spouse, after the death of the pensioner. if, however any amount has been wrongly credited to the joint account, it shall be recoverable from the joint account and / or any other account held by the pensioners I spouse either individually or jointly. The legal heirs, successors, executors etc_ shall also be liable to refund any amount, which has been wrongly credited to the joint account.

(c) Payment of Arrears of Pension (Nomination) Rules 1953 would continue to be applicable to a Joint Account with Pensioner's spouse. This In-plies that if there is an 'accepted nomination' in accordance with Rules 5 and 6 of these Rules, arrears mentioned in the Rules shall be payable to the nominee.

Existing pensioners desiring to get their pension credited to a joint account as indicated above are required to submit an application to the branch bank, from where they are presently drawing pension in the enclosed form that is i.e. Annexure XXIX. This would also be signed by the pensioner's spouse in token of having accepted the terms and conditions laid down in this Office Memorandum. These instructions are also applicable to the Govt. servants who will be retiring after the issue of this Office Memorandum.

Signed copy
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Wednesday, 9 November 2016

Removal of state-wise jurisdiction of Banks for disbursement of Central Government (Civil) Pensioners: Clarification regarding

Removal of state-wise jurisdiction of Banks for disbursement of Central Government (Civil) Pensioners: Clarification regarding

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
CENTRAL PENSION ACCOUNTING OFFICE
TRIKOOT-II, BHIKAJI CAMA PLACE,
NEW DELHI-110066
PHONES : 26174596, 26174456, 26174438

CPAO/IT&Tech/Amend. Sch. Book/9.Vol-VII/2016-17/ 165
7th November, 2016
Office Memorandum

Subject: Removal of state-wise jurisdiction of Banks for disbursement of Central Government (Civil) Pensioners: Clarification regarding.

In pursuance of Accounting and Operating Procedure for Central Pension Processing Centre of Authorised Banks for Pension Disbursement to Central Government (Civil) pensioners issued by CAPO vide F.No. CPAO/Tech/CPPC/Guidelines/2011-12/29 in February, 2012, all banks were allowed to establish a Central Pension Processing Centre (CPPC) for disbursement of Central Civil Pension through any of their CBS enabled branch.

2. As clarifications in this regard are still sought by banks etc, it is reiterated that any retiring employee / pensioner can open a Pension Account with any CBS enabled branch of any of the authorized banks without any state jurisdiction. A list of Authorised Banks is attached (Annexure).

This issues with the approval of O/o Controller General of Accounts

Encl: As above
(Vijay Singh)
Sr. Accounts Officer (IT & Tech)
Ph. No.011-26166758
List of Authorised Bank

S.NoName of Bank
1Allahabad Bank
2Andhra Bank
3Axis Bank
4Bank of Baroda
5Bank of India
6Bank of Maharashtra
7Canara Bank
8Central Bank of India
9Corporation Bank
10Dena Bank
11HDFC Bank
12ICICI Bank
13IDBI Bank
14Indian Bank
15Indian Overseas Bank
16Oriental Bank of Commerce
17Punjab National Bank
18Punjab & Sind Bank
19State Bank of Bikaner & Jaipur
20State Bank of Hyderabad
21State Bank of India
22State Bank of Mysore
23State Bank of Patiala
24State Bank of Travancore
25Syndicate Bank
26Union Bank of India
27United Bank of India
28United Commercial Bank
29Vijaya Bank

Authority: www.cpao.nic.in
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Thursday, 9 October 2014

Manner of disposal of PPO - death of the pensioner with no claimant authorized for family pension in the same PPO

Manner of disposal of PPO - death of the pensioner with no claimant authorized for family pension in the same PPO

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
CENTRAL PENSION ACCOUNTING OFFICE
 
TRIKOOT-II, BHIKAJI CAMA PLACE,
NEW DELHI-110066
CPAO/Tech/Bank Performance/2014-15/511-581
23 .09.2014

OFFICE MEMORANDUM

    Sub: Manner of disposal of PPO - death of the pensioner with no claimant authorized for family pension in the same PPO

The Central Pension Accounting Office is a nodal agency for administering the Scheme for pension disbursement through public sector banks. It is in continuous process of streamlining and simplifying the pension delivery to the utmost satisfaction of Pensioner’s/ family pensioner’s comfort and convenience. The disbursement of family pension to the “family pensioner other than spouse” like widowed/divorced daughter is one of those areas in which a lot of efforts have been put in to simply and make them effective and efficient.

But it has been observed that a number of court cases and legal cases received in CPAO are mainly related to delay in the commencement of family pension to the family pensioner other than a spouse and arisen due to negligence on the part of the banks in returning the disbursers’ and the pensioners’ half of the PPO to CPAO if there is no family pensioner stands to be authorized through the same PPO.

In this context, Para 23.3 of "Scheme for Payment of Pensions to Central Government Civil Pensioners through Authorized Banks" provides the manner of disposal of PPOs wherein no claimant exists after the death of pensioner/family pensioner with the stipulation that the disburser’s portion as well as pensioner’s portion of the PPO is to be returned to CPAO for updation of its record and onward transmission to the PAD/AG who had issued the PPO for similar action and record.

The non-compliance of these instructions by the banks is resulting increase in receipt of number of court cases and legal cases in CPAO, non-updation of CPAO’s and PAO's relevant record, delay in authorization of family pension to the eligible family members for whom a new PPO is to be issued, causing hardship to the claimants, points raised by the Pensioners' Welfare Associations from different platforms including SCOVA meetings.

The Para 6.3.1 of the CPPC Guidelines also stressed upon the strict adherence to the codal provisions of "Scheme Booklet”, CCS[Pension] Rules, Orders, Guidelines on Pension issued by Government of India/Reserve Bank of India from time to time.

Non-compliance of codal provisions by the banks is a very serious lapse on their part. Therefore, it is imperative to instruct the Heads of CPPC of all the banks/ Heads of Govt. Business Divisions to take a stock of these cases and send a Review Report within seven days from the receipt of this Office Memorandum followed by returning of both the halves of all such PPOs wherein pensioner/spouse has died and no claimant for family pension has been authorized in the PPO. The matter may be taken
on priority as it is under review at the higher level.

This issues with the approval of Chief Controller [Pensions].

The Hindi version will follow.
(M.M. Kaushik)
Asstt. Controller of Accounts

Source: http://cpao.nic.in/pdf/cpao_tech_bank_perf_2014-15-511-581.pdf

#Central Pension Accounting Office, #Family Pension, #PPO, #SCOVA, #Payment of Pensions, #Central Government Civil Pensioners, #Indian Government News
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