RBIGovernor

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg
Showing posts with label Pension. Show all posts
Showing posts with label Pension. Show all posts

Monday, 9 September 2013

Identification of Pensioners Associations under the Pensioners' Portal

Posted on 10:01 by Unknown
F.No.55/12/2013·P&PW(C)
Government of India
Department of Pension & Pensioners' Welfare
3rd Floor, Lok Nayak Bhawan, Khan Market, New Delhi
************
Identification of Pensioners Associations under the Pensioners' Portal - A Mission Mode Project under NeGP.

A Mission Mode Project Pensioners' Portal, under NeGP entrusted to Department of P&PW aims at the welfare of Central Civil Pensioners across the country. Its specific objective is to facilitate redressal of Pensioners grievances and provide detailed information, guidance etc. on pension and other retirement related matters through various stake holders. The project envisages inter-alia association of registered Pensioners Associations of Central Government Employees and other welfare organizations in the implementation process.


Under the above project this Department has already identified 30 Pensioners Associations on the basis of the following criteria. These Associations are given one time hardware/software and Grant-in-Aid up to Rs.75,000/- per annum to participate in the implementation of the scheme to defray expenses on certain approved components such as telephone/internet connection, stationary etc.

This Department now intends to identify about 20 more Pensioners Associations in a phased manner i.e. 10 Pensioners Associations during 2013-14 and further 10 Pensioners Associations during 2014-15 from various States. Preference will however be given to Central Government Pensioners Associations from the unrepresented States, which are Himachal Pradesh, Goa, North Eastern State (except Assam) and Union Territories, looking after the welfare of Civil/Railways/Defence pensioners. The Central Government Pensioners Associations desirous of getting identified under the Pensioners Portal may send their details as indicated below along with copies of relevant documents with reference to above criteria along with a write up on their vision/ plan to work towards welfare of Central Government Pensioners to Department of Pension and Pensioners Welfare at the address given above within 30 days from date of publication of advertisement in newspapers. Super scribing - "Identification under Pensioners Portal" 

(a) Name of Pensioners' Association with Address etc.
(b) Date of Registration/ incorporation
(c) MOA& rules, if any
(d) Objectives of the Association
(e) 
Sources of funding
(f) Total membership of the Association
(g) Audited Accounts for last 3 years
(h) Annual Activities Report for last 3 years
(i) Publication/journal details
(j) Composition of 
General Body
(k) No of 
General Body Meetings held
(1) Premises (whether hired or owned) by the Association
(m) Infra-structural details
(n) With whom the Association interact frequently

(Tripti P. Ghosh)
Director (PP)

Source: http://pensionersportal.gov.in
[http://ccis.nic.in/WriteReadData/CircularPortal/D3/D03ppw/PA_090913.pdf]
Via : http://karnmk.blogspot.in/
Read More
Posted in Employees News, Pension | No comments

New Pension Bill, PFRDA Bill, 2011: Frequently Asked Question (FAQ)

Posted on 09:08 by Unknown
Frequently asked questions about the New Pension Bill, PFRDA Bill, 2011, are given below.

 1. What does the new pension law do?
  •   The PFRDA Bill, 2011, (proposed to be enacted as a law) provides for the establishment of an Authority to promote old age income security by establishing, developing and regulating pension funds, to protect the interests of subscribers to schemes of pension funds and for matters connected therewith or incidental thereto.
    An Interim Authority has already been created vide Govt Resolution dated October 10, 2003, and November 14, 2008, and is fully functional. The passage of the bill will confer statutory status to the Interim PFRDA to develop and regulate National Pension System (NPS) earlier known as New Pension Scheme.


2. What is NPS ?
  •   The National Pension System reflects (NPS) Government’s effort to find sustainable solutions to the problem of providing adequate retirement income.
  • The NPS is an easily accessible, low cost, tax-efficient, flexible and portable retirement savings account. Under the NPS, the individual contributes to his retirement account and also his employer can also co-contribute for the social security/welfare of the individual.
  • The NPS is designed on Defined contribution basis wherein the subscriber contributes to his account, there is no defined benefit that would be available at the time of exit from the system and the accumulated wealth depends on the contributions made and the income generated from investment of such wealth.
  • Eventual pension wealth is based on the level of contributions made over the years, the charges (administrative and fund management) deducted from the funds and the returns achieved by the investment fund (pension fund managers) used over a period of time during the accumulation phase in the NPS.
  • The greater the value of the contributions made, the greater the investments achieved, the longer the term over which the fund accumulates and the lower the charges deducted, the larger would be the eventual benefit of the accumulated pension wealth likely to be.

3. Why should one subscribe to a pension fund?
  •   Pension ensures that a person has steady and adequate financial security during his old age, even after he has retired from employment or his earning capacity has extinguished/decreased.

4. What does the pension bill propose?
  •   The PFRDA shall administer the NPS for subscriber’s interest in accordance with the provisions of the PFRDA Act and the rules and regulations framed thereunder. The Authority has the mandate to regulate all other pension funds (other than the NPS) which are not regulated by any other enactment.

5. Is it compulsory?
  •   The NPS is compulsory in respect of persons appointed to public services in connection with the affairs of the Union, or to All-India Services, on or after 1-1-2004. It is also compulsory in case of employees of Central Autonomous bodies.
  • The NPS is also applicable in respect of employees of various state governments and its autonomous bodies, who have joined the NPS and in respect of whom, such state governments have extended the NPS based on the notifications issued by such states.
  • The NPS is voluntarily extended to the citizens of India w.e.f May, 2009, who may choose to be covered under the NPS. The NPS has also been extended to various corporates, who may choose to provide the scheme to their employees on a voluntary basis.

6. When was it first introduced?
  •   The PFRDA Bill 2005 was introduced in Lok Sabha in March, 2005, but could not be considered and passed due to dissolution of 14th Lok Sabha. Earlier, the PFRDA Ordinance 2004 was promulgated on December 29, 2004, which lapsed on April 7, 2005.

7. Can one decide how much on ones savings should go into stocks and how much in debt?
  •   Presently, in respect of government employees, the investment choice in asset class E (Equities), asset Class C (Corporate Debts) and Asset Class G (Government Securities) is in accordance with investment pattern contained in Ministry of Finance notification No. F. No. 5 (88)/2006 –PR.— dated August14,  2008. For others different schemes are applicable based on the choice exercised by the subscriber.

8. If stock prices crash, will pension be affected?
  •   The rate of return and NAV (Net Asset Value) of the subscriber will be susceptible to market risk.

9. Can one choose the stocks in which pension fund will put the money?
  •   Pension Fund Managers based on their expertise will choose the stocks for investing the collective monies of the subscriber (under full disclosure to the NPS Trust). However, individual subscriber will not have the option of choosing a particular stock.

10. Can one withdraw money whenever one wants or only after one retires?
  •   The subscriber can exit from the NPS and withdraw the accumulated pension wealth in the following manner and no other exits or withdrawals are permitted presently:
    • a. Upon attainment of age of 60 years   : At least 40% of the accumulated pension wealth of the subscriber needs to be utilized for purchase of an annuity providing for the monthly pension of the subscriber and the balance is paid as a lump sum payment to the subscriber.
    • b. Upon Death (irrespective of cause)   : The entire accumulated pension wealth (100%) would be paid to the nominee / legal heir of the subscriber and there would not be any purchase of annuity/monthly pension.
    • c. Exit from the NPS before attainment of age of 60 years (irrespective of cause):   At least 80% of the accumulated pension wealth of the subscriber needs to be utilized for purchase of an annuity providing for the monthly pension of the subscriber and the balance is paid as a lump sum payment to the subscriber.

11. Can it help the industry?
  •   The industry can benefit by the availability of long term funds under the NPS, which may be deployed to build infrastructure. The industry can also provide the  NPS as an important social security scheme to the employees serving in such industries.

Source: http://english.manoramaonline.com
via : http://karnmk.blogspot.in/
Read More
Posted in FAQ, New Pension Scheme, Pension | No comments

Wednesday, 4 September 2013

Merge 50% DR, Constitute 7th CPC, Representation in Rajya Sabha & Medical Facilities to Pensioner - Sh. S.S. Ramasubbu MP writes to PM

Posted on 18:08 by Unknown

Request to consider the genuine grievances of Central Government Pensioners: Merge 50% DR with basic pension,Constitute 7th CPC, provide representation to Pensioners in Rajya Sabha & Medical facilities to Pensioner- Sh S.S.Ramasubbu M.P writes to PM.  Contents of letter reproduced below:-

S.S. RAMASUBBU, M.A.,
MEMBER OF PARLIAMENT - 
(LOK SABHA)
Indian National Congress,Tirunelveli.
Member:
Standing Commitee on Science &Technology
Environment and Forest
Consultative Commitee on Defence
JIPMER - Puduchery

8 August 2013 
Respected Prime Minister,




Subject: Request to consider the genuine grievances of Central GovernmentPensioners - Regarding.
Namaskar.
Herewith I am forwarding the representation submitted by All India Central Government Pensioner's Association, New No. 3-F2, (Old No. 1/1A), Radhakrishnan Street, T.Nagar, Chennai -600017 on the above subject for your kind perusal.

The above Association was formed in January 1969 and presently its membership crossed 1250. The pensioners are facing with some genuine grievances and their Charter of Demands is enclosed. However, I am placing below their important long pending demands for your kind onsideration

i) Merger of 50% of Dearness Relief with Basic Pension w.e.f. 1-1-2011;
ii)
Constitution of VII Central Pay Commission;
lit)
Representation of at least one pensioner's representative in Rajya Sabha;
iv)
To extend medical facilities to all pensioners by accepting the recommendations of VI Central Pay Commission.

Awaiting your early favourable action.
With warm regards,

Yours sincerely,
sd/-
(S.S. Ramapubbu)
Dr, Manmohan Singh,
Hon'ble Prime Minister,
Government of India,
New Delhi.

Source: 
http://scm-bps.blogspot.in/2013/09/merge-50-dr-with-basic.html
Via : http://karnmk.blogspot.in/
Read More
Posted in Employees News, Pension | No comments

STATUS OF THE CASES OF PRE 2006 PENSIONERSS IN VARIOUS COURTS :

Posted on 17:56 by Unknown
STATUS OF THE CASES OF PRE 2006 PENSIONERSS IN VARIOUS COURTS : AS ON 16.08.2013 COMPILED BY M. L. KANAUJIA, IRSSE / Chief Communication Engineer, N.E. Railway, (Rtd.)


STATUS OF THE CASES OF PRE 2006 PENSIONERSS IN VARIOUS COURTS : AS ON 16.08.2013 COMPILED BY M. L. KANAUJIA, IRSSE / Chief Communication Engineer, N.E. Railway, (Rtd.)

https://dl.dropboxusercontent.com/u/34677216/STATUS%20OF%20THE%20CASES%20OF%20PRE%202006%20PENSIONERSS%20IN%20VARIOUS%20COURTS%20AS%20ON%2016.08.2013.pdf

source : www.scm-bps.blogspot.in/
Read More
Posted in Employees News, Pension | No comments

Loksabha Passes Pension Bill - Key Points

Posted on 10:42 by Unknown

The Lok Sabha today passed the Pension Fund Regulatory and Development Authority Bill 2011, which will open the doors for foreign investment in pension funds. The bill aims to create a regulator for the pension sector and extend the coverage of pension benefits to more people. The Pension Bill has been hanging fire since 2005 when it was first introduced in the Parliament. It was again reintroduced in 2011.


Features of New Pension Bill




1: The Pension Fund Regulatory and Development Authority Bill 2011 will give statutory powers Pension Fund Regulatory and Development Authority (PFRDA) which was established in August 2003 as a regulator for the pension sector.

2:  The bill allows 26% foreign direct investment (FDI) in the pension sector or such percentage as may be approved for the insurance sector, whichever is higher. At least one of the pension fund managers shall be from the public sector.

3:  The subscriber seeking minimum assured returns shall be allowed to opt for investing their funds in such scheme providing minimum assured returns as may be notified by the authority.

4: Withdrawals will be permitted from the individual pension account subject to the conditions, such as, purpose, frequency and limits, as may be specified by the regulations.

5: This bill would also provide subscribers a wide choice to invest their funds including for assured returns by opting for government bonds etc as well as in other funds depending on their capacity to take risk.

6:   The passage of the bill could see pure pension products coming into the market. At present most of the pure pension products available in the market are linked with insurance coverage.

7: In 2005, the government had earlier introduced a pension bill but it lapsed as the Lok Sabha's term got over before the legislation could be passed.

8: The Pension Fund Regulatory and Development Authority Bill 2011 was reintroduced in the Lok Sabha in 2011 by the then finance minister Pranab Mukherjee and it was subsequently referred to a standing committee.

9: PFRDA's National Pension System (NPS) was made mandatory for all new government recruits, except armed forces, joining after January 1, 2004.

10:   The NPS was later opened up to all Indian citizens from 2009 on a voluntary basis.


11:  The NPS allows its subscribers to invest in stock markets but there is a cap on equity investment. The NPS also offers subscribers the option of selecting the fund managers of their choice.

12:   The pension bill could help channelize funds into building long-term assets for the country, including the infrastructure sector. The government wants to ease rules for insurance and pension sectors to allow them to invest in infrastructure, where it is seeking $1 trillion investment till 2017.

Courtesy : http://www.imyideas.com/
Read More
Posted in Employees News, New Pension Scheme, Pension | No comments

Debate on Pension Bill marred by uproar in LS

Posted on 09:32 by Unknown
Vociferous protests over missing coal files and petrol price hike cast shadow over the debate on the Pension Bill in Lok Sabha today with the government pressing hard for its passage with just two days remaining for the Monsoon Session to conclude.

Even as BJP members stormed the Well demanding the Prime Minister's resignation over missing coal block allocation files, Speaker Meira Kumar took up the consideration of the controversial measure.

Participating in the debate, Shailendra Kumar, whose Samajwadi Party is a key outside supporter, opposed the Pension Fund Regulatory and Development Authority Bill, 2011, which provides for establishment of an authority to promote old age income security by developing pension funds, among other things.

As Kumar opposed the measure saying there was no provision to provide assured returns to the employees, Ministers Kamal Nath and Kapil Sibal approached SP chief Mulayam Singh Yadav apparently to seek his party's backing to the bill, which the Left parties staunchly opposed.

The SP member, along with those from Trinamool Congress, DMK and the Left parties, opposed the measure on several counts, especially on putting the "social security moneys" in the volatile stock market and allowing FDI to manage these "hard-earned" funds.

Sougata Roy (TMC) wanted the Chair to ensure that the bill, which would affect lives of millions of people, should not be passed in a hurry and in din over missing coal ministry files and hike in petroleum prices.

Interestingly, Gurudas Dasgupta (CPI) called back the protesting Left members from the Well as Roy was speaking to oppose the bill.

(AB-04/09)

More Details : http://www.ddinews.gov.in/Home%20-%20Headlines/Pages/PENSIONBILL.aspx

Read More
Posted in Employees News, Pension | No comments

Monday, 2 September 2013

PENSION ARREARS FROM 01.01.2006 AS PER COURT ORDER: GOVERNMENT REPLY IN PARLIAMENT

Posted on 06:18 by Unknown
The orders for implementation of the decision taken by the Government on the recommendations of 6th CPC for revision for pension of past pensioners were issued vide this Department’s OM No.38/37/08-P&PW (A) dated 1.9.2008. The provisions of Para 4.2 of this OM were clarified vide this Department’s letter dated 3.10.2008. 

        The Central Administrative Tribunal, Principal Bench, New Delhi in its order dated 1.11.2011 observed that by the OM dated 3.10.2008 the original orders of 1.9.2008 have been modified. Hon’ble CAT directed that the past pensioners may be granted, w.e.f. 1.1.2006, a minimum pension @ 50% of the minimum pay corresponding to the pre-revised pay scale with reference to the fitment table applicable for revision of pay of serving employees. 

        A Writ Petition was filed in the Hon’ble High Court of Delhi challenging the above mentioned order. In its order dated 29.4.2013, the Hon’ble Delhi High Court has upheld the order dated 1.11.2011. After considering the order of Hon’ble High Court of Delhi and various representations received in this regard, Special Leave Petition was filed by the Department of Pension and Pensioners’ Welfare in the Hon’ble Supreme Court of India. 
This SLP came up for hearing recently on 29.7.2013 before the Hon. Supreme Court and has been dismissed. 
        The above information submitted by Min of Personnel, Public Grievances & Pensions in reply of undermentioned Lok Sabha Question:-
GOVERNMENT OF INDIA
MINISTRY OF PERSONNEL,PUBLIC GRIEVANCES AND PENSIONS
LOK SABHA
UNSTARRED  QUESTION NO 670
ANSWERED ON   07.08.2013
DELAY IN PAYMENT OF ARREARS TO PENSIONERS
670 . Shri VILAS BABURAO MUTTEMWAR
Will the Minister of PERSONNEL,PUBLIC GRIEVANCES AND PENSIONS  be pleased to state:-
(a)  the reasons for inordinate delay in implementation of Hon`ble High Court`s order to give effect to the payment of arrears w.e.f. 01.01.2006 to pensioners retired before 2006; 
(b) whether the Government have received representations from employees organizations and other bodies in this regard; and 
(c) if so, the details thereof and the reaction of the Government on the representations?
ANSWER 
Minister of State in the Ministry of Personnel, Public Grievances and Pensions and Minister of State in the Prime Minister’s Office. (SHRI V. NARAYANASAMY) 
(a) to (c): *** see above ***

Source: Lok Sabha Q&A


Read More
Posted in Employees News, Judgement, Pension | No comments

Sunday, 1 September 2013

EPS: Will you get your Pension?

Posted on 18:23 by Unknown

Click here to read the article published in "The Economic Times"
Read More
Posted in Employees News, Pension | No comments

Friday, 30 August 2013

Grievances Related to Family Pension

Posted on 18:19 by Unknown
As on 23.08.2013, no grievance relating to non-payment of arrears of family pension which are registered in System in pending at CPAO level. 

As per information available with the Central Pension Accounting Office (CPAO), during the period from 25.03.2011 to 22.08.2013, 541 numbers of grievances relating to family pension were registered with CPAO. Out of these, 200 numbers of grievances were registered during the current year 2013. All grievances were forwarded to authorized Central Pension Processing Centre and concerned Pay & Accounts Office/Head of Office and were monitored by CPAO till settlement. 

This was stated by Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in Lok Sabha today. 

Source : PIB 

Read More
Posted in Pension | No comments

Thursday, 29 August 2013

Children of divorced, illegally wedded wives of deceased entitled to pension

Posted on 09:00 by Unknown
Children of divorced or those born to illegally wedded wife of a deceased all India services officer are entitled to get family pensions, according to new rules notified by the central government.

"Where the deceased member of service or pensioner is survived by a widow but has left behind eligible child or children from a divorced or an illegally wedded wife or wives, the eligible child or children shall be entitled to the share of family pension which the mother would have received at the time of the death of the member of service or pensioner had she not been so divorced or had she been legally wedded," they say.
All India services comprise IAS, IPS and Indian Forest Service.

Earlier, children born outside wedlock of a government servant had no claim on family pension and the legally wedded wife was the sole recipient of the post-retirement benefit.

The amended All India Services (Death-cum-Retirement Benefits) Rules, 1958, also have provisions to provide equal share of pension to more than one widow of a deceased officer.

The rules have a provision to recognise marriage and family of a member of the services after his or her retirement and have made such family member eligible to receive pension after the death of an officer.

They also provide for monetary support to mentally retarded children of an officer of Indian Administrative Service (IAS), Indian Police Service (IPS) and Indian Forest Service (IFoS).

"If the son or daughter of a member of service is suffering from any disorder or disability of mind including the mentally retarded or is physically crippled or disabled so as to render him or her unable to earn a living even after attaining the age of twenty-five years, the family pension shall be payable to such son or daughter for life," the rules said.

If there are more than one such son or daughter suffering from disorder or disability of mind or who are physically crippled or disabled, the family pension shall be paid in the order of their birth and the younger of them will get the family pension only after the elder next above him or her ceases to be eligible, the rules clarified.

In case both wife and husband are members of service and are governed by the provisions of the rules and one of them dies while in service or after retirement, the family pension in respect of the deceased shall become payable to the surviving husband or wife and in the event of the death of the husband or wife, the surviving child or children shall be granted the two family pensions in respect of the deceased parents, they said.

Retired all India service officials will also get additional pensions after completing 80 years of age, according to them.

Such retired government officials will get 20 per cent of additional pension after they complete 80 years of age, 30 per cent of after completing 85 years, 40 per cent after crossing 90 years of age, 50 per cent after reaching 95 years and 100 per cent of additional pension after completing 100 years of age, the rules said.

If there are more than one such son or daughter suffering from disorder or disability of mind or who are physically crippled or disabled, the family pension shall be paid in the order of their birth and the younger of them will get the family pension only after the elder next above him or her ceases to be eligible, the rules clarified.

In case both wife and husband are members of service and are governed by the provisions of the rules and one of them dies while in service or after retirement, the family pension in respect of the deceased shall become payable to the surviving husband or wife and in the event of the death of the husband or wife, the surviving child or children shall be granted the two family pensions in respect of the deceased parents, they said.

Retired all India service officials will also get additional pensions after completing 80 years of age, according to them.

Such retired government officials will get 20 per cent of additional pension after they complete 80 years of age, 30 per cent of after completing 85 years, 40 per cent after crossing 90 years of age, 50 per cent after reaching 95 years and 100 per cent of additional pension after completing 100 years of age, the rules said.

Source : The Times of India
Read More
Posted in Judgement, Pension | No comments

Wednesday, 14 August 2013

Govt.’s reply to NFPE on New Pension Scheme – resolution adopted in NFPE Federal Council

Posted on 10:08 by Unknown

Source : http://www.aipeup3chq.com/
Read More
Posted in New Pension Scheme, Pension | No comments

Wednesday, 7 August 2013

Pension to Retired Employees Covered Under PF Scheme

Posted on 10:20 by Unknown
The Employees’ Pension Scheme, 1995 came into effect from 16th November, 1995 replacing the erstwhile Employees Family Pension Scheme, 1971, which inter-alia provides superannuation/retirement and family pension. 

In order to secure a minimum pension of Rs. 1,000/- per month under Employees’ Pension Scheme (EPS), 1995 to the member pensioners, the present Government contribution to EPS, 1995 is required to be raised from the existing 1.16% to 1.79% of wages thereby increasing the Government’s present contribution from approximate Rs.990 crore per annum to Rs.1533 crore per annum in the first year. An analysis of the trend in the contribution made by the Central Government suggests that the contribution of the Central Government has been increasing at an average of 10-15% per annum over the last five years. 

This information was given by Minister of State for Labour & Employment Shri Kodikunnil Suresh in the Lok Sabha today in reply to a written question.

Source : PIB  (Release ID :97796)
Read More
Posted in Pension, Staffs and Welfare | No comments

Thursday, 1 August 2013

Review of Forms for Pensionary / retirement benefits and Nominations under various Rules of the Department of Pension & Pensioners Welfare.

Posted on 10:08 by Unknown
No.1/19/2013-P&PW (E)
Government of India
Ministry of Personnel, P.G. & Pensions
Department of Pension & Pensioners’ Welfare

Lok Nayak Bhawan,
Khan Market, New Delhi
Dated: 1st August, 2013

Circular

Sub: Review of Forms for Pensionary / retirement benefits and Nominations under various Rules of the Department of Pension & Pensioners’ Welfare.

The undersigned is directed to state that the Department of Pension & PW is in the process of reviewing Forms for Pensionary /retirement benefits and Nominations under the following Rules administered by this Department:

1. CCS (Pension) Rules, 1972

2. CCS (Commutation of Pension) Rules, 1981

3. CCS (Extraordinary Pension) Rules,

4. General Provident Fund (Civil Services) Rules, 1960

5. Contributory Provident Fund (India) Rules, 1962

6. Payment of Arrears of Pension (Nomination) Rules, 1983

2. The Forms arc available at the Departmental website persmin.nic.in and pensionersportal .gov.in.

3. Suggestions are invited from all concerned, including pensioners and pensioners’ associations for making these Forms simple. user-friendly and compatible with the amended provisions of the Rules.

4. You may forward your suggestions to Shri Harjit Singti, Deputy Secretary, Department of Pension & Pensioners’ Welfare, at his e-mail harjit.sinh59@nic.in. within 15 days.

sd/-
(D.K. Solanki)
Under Secretary to the Govt. of India

Source : www.pensionersportal.gov.in
[http://ccis.nic.in/WriteReadData/CircularPortal/D3/D03ppw/PPWE010813.pdf]

Read More
Posted in DOPT Orders, Pension | No comments

Friday, 26 July 2013

Issue of Identity Cards to Central Govt. Pensioners reg.

Posted on 06:28 by Unknown
Click here to view details
Read More
Posted in Pension | No comments

Tuesday, 23 July 2013

Payment of Arrears of family pension where no member of family is eligible to receive family pension

Posted on 09:58 by Unknown
Payment of Arrears of family pension

In case of death of a pensioner, all money payable to the pensioner on account of pension are payable to the nominee of the deceased pensioner. In the absence of any valid nomination made by the pensioner, the arrears of his/her pension are paid to the legal heir. However, dependants of some pensioners expressed difficulties in obtaining the legal heir-ship certificates and represented that the necessity of production of legal heir-ship certificates may be waived where the amount of arrears payable is small.


In such cases a provision had been made in 1985 for Payment of Lifetime Arrears of Pension on the basis of any documentary proof regarding the relationship and heir-ship of the claimant if the gross amount of arrears does not exceed Rs.25,000. If the gross amount did not exceed Rs.5,000 and case represented no peculiar features, the Accounts Officer was authorised to make the payment on his own authority.

The Government has further looked into the matter and decided to increase the limits of Rs.5000 and Rs.25000 to Rs.50,000 and Rs.2,50,000 respectively.

At present in the event of death of a family pensioner, the right to receive any arrears of family pension automatically passes on to the eligible member of the family next in line. Where there is no member in the family who is eligible to receive family pension after the death of the family pensioner, the payment of arrears of family pension is made on the basis of succession certificate. Now, it has also been decided that the payment of arrears of family pension up to Rs.2,50,000 may be made where no member of family is eligible to receive family pension.

Detailed instructions are available at Department of Pension & Pensioners’ Welfare’s website www.persmin.nic.in.


Source : PIB 
(Release ID :97362)
Read More
Posted in Pension | No comments

Grant of Family Pension and Gratuity to the eligible member of the family of any Employee / Pensioner

Posted on 07:04 by Unknown
Grant of Family Pension and Gratuity to the eligible member of the family of any employee / pensioner 

Family pension is payable to the family of a Government employee or pensioner after his death. Difficulties in payment arise when a Government Servant or pensioner goes missing. Clarificatory instructions have recently been issued by the Central Government for payment of benefits in such cases. 

According to these instructions, the family must lodge a report with the concerned police station and obtain a report from the police, that the employee or pensioner or family pensioner has not been traced despite all efforts made by them. 

The report may be a First Information Report or any other report such as a Daily Diary or General Diary Entry. 

The family can apply for the grant of family pension, amount of salary due, leave encashment due and the amount of GPF and gratuity (whatever has not already been received) to the Head of Office of the organisation where the employee or pensioner had last served, six months after lodging of police report. 

The amount of salary due, leave encashment due and the amount of GPF will be paid to the family in the first instance as per the nominations made by the employee or pensioner on filling of a police report and submission of an indemnity bond. 

Detailed instructions are available at Department of Pension & Pensioners’ Welfare’s website www.persmin.nic.in.

Source : PIB (Release ID :97360) 
Read More
Posted in Pension | No comments
Older Posts Home
Subscribe to: Posts (Atom)

Popular Posts

  • Inspector Posts Examination 2013....vacancy position
    Following vacancies are declared by Bihar, Odisha, Punjab & Tamil Nadu Circle for Inspector Posts Examination 2013 scheduled to be held ...
  • Gmail – 45 Timesaving Keyboard Shortcuts
    Gmail shortcuts  are somewhat different than browser keyboard shortcuts for two main reasons: Limits on Keystroke Choices:  when using  Gmai...
  • Clarification regarding admissible non-admissible items under CGHS
    Clarification regarding admissible non-admissible items under CGHS F.No. 2-1 /2012/CGHS/VC/CGHS(P) Government of India Ministry of Health ...
  • Inspector Posts Examination 2013....Vacancy Position of all Circles
    Directorate vide memo No. A.34012/05/2013-DE dated 30th August 2013 have circulated Circle wise vacancy position of Inspector Posts Examinat...
  • Employee can't be denied PF due to transfer to another division: Apex consumer panel
    NEW DELHI: An employee covered under the employees provident fund (EPF) act will not cease to enjoy the benefit merely on being transferred ...
  • ROLE OF THE DEPARTMENT AND ITS OTHER ATTACHED OFFICES.
    Responsibilities of DOPT ROLE OF THE DEPARTMENT AND ITS OTHER ATTACHED OFFICES. Department of Personnel & Training The role of the Depar...
  • How To Remove Dual Boot in Windows – Get rid of the second OS
    Steps to remove dual boot in Windows: If you’ve properly installed a second operating system on your computer, there’s probably a folder con...
  • TREATMENT ON EMERGENCY CAN BE MADE IN NON EMPHANELLED PRIVATE HOSPITAL
    C. G. Employees and their dependents can avail treatment in a non empanelled Private hospitals in emergency conditions and get reimbursement...
  • Compliance of Reservation Policy in Ministries and Undertakings
    Whether the Ministries and Undertakings are not complying properly with the reservation policy in appointment; if so, the action taken by th...
  • No Scholarships in Kendriya Vidyalayas: Govt reply in Rajya Sabha
    GOVERNMENT OF INDIA MINISTRY OF  HUMAN RESOURCE DEVELOPMENT RAJYA SABHA UNSTARRED QUESTION NO-1742 ANSWERED ON-26.08.2013 Scholarships in Ke...

Categories

  • Achievements (4)
  • Allowances (5)
  • Articles (14)
  • Banking (12)
  • CBS (1)
  • CGHS (11)
  • Clarifications (3)
  • Competitive Exams (2)
  • Computer Guidelines (7)
  • Customer Care (1)
  • DOP News (14)
  • DOP Softwares (1)
  • DOPT Orders (18)
  • Dte Orders (9)
  • e-Services (5)
  • Education (9)
  • Employees News (63)
  • Employment News (35)
  • Events (6)
  • Exam / Result (18)
  • Exam / Syllabus (27)
  • FAQ (6)
  • Forms (2)
  • GDS (6)
  • General Informations (2)
  • General Knowledge (24)
  • GOVT Orders (9)
  • Greetings (1)
  • Health Tips (9)
  • Holiday Home (1)
  • Honararium / Insentives (1)
  • Income Tax (12)
  • Internet Tips (3)
  • IPO (17)
  • Judgement (17)
  • KV Schools (7)
  • Latest Software Updates (10)
  • LAW (5)
  • Leave Rules (1)
  • LTC (2)
  • Mails (3)
  • manuals (1)
  • Meghdoot Updates (5)
  • MMS (1)
  • Mobile Tips (4)
  • Network Trouble shooting (1)
  • New Pension Scheme (8)
  • News (32)
  • Notifications (12)
  • Pay Commission (3)
  • Pension (16)
  • Philately (4)
  • PLI and RPLI (2)
  • Postal Informations (6)
  • Postal Savings Schems (5)
  • Project Arrow (2)
  • Promotions (5)
  • Questions / Answers (14)
  • Railway (12)
  • Recovery Tips (1)
  • Registry Tips (1)
  • Reimbursement (1)
  • RMS (2)
  • RTI (13)
  • SanchayPost (10)
  • SB Latest Orders (3)
  • SBCO (6)
  • Security Tips (7)
  • SQL (2)
  • Staffs and Welfare (22)
  • State News (4)
  • Students (2)
  • Study Materials (44)
  • Technology (3)
  • Tips and Tricks (16)
  • TN - தமிழ்நாடு (25)
  • Tools (2)
  • Training (2)
  • Transfer / Postings (10)
  • Trouble shooting (1)
  • Union News (23)
  • Useful Softwares (12)
  • Utilities (2)
  • Virus Solutions (1)
  • Websites (4)
  • Windows Server (2)
  • Windows Tips (3)

Blog Archive

  • ▼  2013 (499)
    • ▼  September (98)
      • LDCE for Inspector of Posts Examination 2013 on 14...
      • INTUC Resolution on early setting up of the 7th Pa...
      • 10 Tricks to become a Loving, Positive Person
      • Your job can give you Osteoarthritis
      • Re-classification of places and revision of the ra...
      • CEPT- MYSORE Hosting New web site http://cept.gov....
      • RECENT LETTER TO THE DIRECTORATE REGARDING POSTMAS...
      • Hon'ble Prime Minister releases stamp on Lala Jaga...
      • Death by heart attack at job, employment injury:HC
      • Merger Of 50% DA With Pay : Resolution adopted in ...
      • ENHANCEMENT OF CASH CONVEYANCE LIMITS - DRAFT PROP...
      • Admit Cards for IPO & LGO Exam 2013 being held on ...
      • CDBurnerXP: Free CD, DVD, ISO, HD-DVD, Blu-Ray bur...
      • Identification of Pensioners Associations under th...
      • Ce­­n­tral Administrative Tri­bunal relief on Pens...
      • Free ebook: Introducing Windows Server 2012 R2
      • NFPE HELPLINE - AN INSTANT HIT
      • PFRDA is a reality now, will the real NPS follow?
      • Minutes of the meeting taken by Member (P) regardi...
      • Client Configuration file Creator - ie. eMO, ePaym...
      • Temporary Employees joined before Jan, 2004 and re...
      • Microsoft launches Xbox Music on Web for free
      • New Pension Bill, PFRDA Bill, 2011: Frequently Ask...
      • DB Recovery Tool
      • September 2013 Latest Current Affairs in PDF (1st ...
      • Tokyo wins 2020 Olympic bid
      • Final selection procedure of Postal/Sorting Assist...
      • Personal details cannot be disclosed under RTI: Bo...
      • Employment News - Job Highlights (07 September- 13...
      • TNPSC Combined Civil Services Examination–II 2013-...
      • Why a Five Year Old Computer Is Slower Than a New ...
      • Gmail – 45 Timesaving Keyboard Shortcuts
      • Simple Solution for dll was loaded but the call...
      • TNPSC Group II 2013 Syllabus and Model Question Pa...
      • COACHING CLASSES FOR GDS to MTS / POSTMAN
      • 25 Very Useful Keyboard Shortcuts
      • POSTMAN EXAM MODEL PAPER
      • M.T.S EXAM MODEL CUM PRACTICE PAPER
      • EPFO launches facility to view PF accounts online
      • Centre for Railway Information Systems Launches Ne...
      • Implementation of Income Tax Cadre Restructuring -...
      • Shortage of Staff in Banks as on 31-03-2013
      • Modified Flexible Complementing Scheme - DoPT clar...
      • Imparting training to Visually impaired MTS -regar...
      • Hon'ble CAT Jablapur Bench ordered the Department ...
      • ONAM SALARY KERALA - ORDERS ISSUED BY CENTRAL GOVT.
      • NFPE HELPLINE
      • Let workers migrate to the New Pension System
      • MODEL QUESTIONS FOR INSPECTOR POST EXAM 2013
      • POSTMAN VACANCIES FOR THE YEAR 2013 IN TN CIRCLE
      • Medical facilities for in-patient treatment and po...
      • President of India presents National Awards to tea...
      • President Honors 336 Teachers with the National Award
      • SOLVED QUESTIONS PART-A : POSTMAN / MAIL GUARD EXA...
      • POSTAL DIARY-4 - by Ajit Rajbangshi
      • Drivers notification issued for Mail Motor Servi...
      • Governors of Reserve Bank of India (RBI)
      • Tamilnadu - State Level National Talent Search Exa...
      • NFPE- NORTHERN ZONE STUDY CAMP
      • E-mail policy for govt staff likely in two months
      • CADRE RESTRUCTURING OF GROUP ‘C’ EMPLOYEES-MODIFIC...
      • NFPE HELPLINE
      • CTET - Result Announced ( JULY 2013)
      • Beware of fraud, fake mobile applications: I-T to ...
      • Merge 50% DR, Constitute 7th CPC, Representation i...
      • STATUS OF THE CASES OF PRE 2006 PENSIONERSS IN VAR...
      • Loksabha Passes Pension Bill - Key Points
      • TNPSC Group - 2 - Notifications
      • HAPPY TEACHERS DAY WISHES
      • Commemorative Postage Stamp on "Wild Flowers" rele...
      • LIST OF OFFICE BEARERS OF ALL INDIA POSTAL SBCO AS...
      • Association of Employees of Departmental Canteen: ...
      • Debate on Pension Bill marred by uproar in LS
      • RECOGNITION OF SERVICE ASSOCIATION OF EMPLOYEES OF...
      • Raghuram Rajan takes over as RBI Governor
      • Inspector Posts Examination 2013....Vacancy Positi...
      • Error during collection of an article in Speednet ...
      • HVMO list preparation Error & Solutions in Despatc...
      • PFRDA BILL - Confederation News
      • Compliance of Reservation Policy in Ministries and...
      • Restricted Holiday (R.H) on the occasion of the bi...
      • President inaugurates the 11th Asian Pacific Posta...
      • Provident fund account to be updated monthly from ...
      • Passport alone no proof of citizenship: Bombay HC
      • PLI / RPLI Schedule Problem After update-8
      • Current Affairs from Last Week of August 2013 in P...
      • Employment News - Job Highlights (31 August- 06 S...
      • Indira Gandhi National Open University Student Eva...
      • Promotions from IP to ASP Cadre - AP Circle
      • PENSION ARREARS FROM 01.01.2006 AS PER COURT ORDER...
      • SIFY Network - Limits Internet Access in Post offi...
      • RNet Communication error and solution after Update...
      • Addition/ ammendments in the designation of the of...
      • EPS: Will you get your Pension?
      • Legal recognition of electronic records & digital ...
      • 180-day Maternity Leave for Govt staff must: House...
      • List of Longest, Largest, Biggest, Smallest, Talle...
      • Govt to hike Dearness Allowance by 10%; benefit 80...
    • ►  August (332)
    • ►  July (69)
Powered by Blogger.

About Me

Unknown
View my complete profile