Dearness Relief To Key Authorities Pensioners / Solid Unit Of Measurement Pensioners From July 2018

Dearness Relief Pension

Dearness Relief To Key Authorities Pensioners / Solid Unit Of Measurement Pensioners From July 2018

September 15, 2018   Comment  

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Dearness Relief to Central Government pensioners / identify unit of measurement pensioners from July 2018

No. 42/06/2018-P&PW(G)

Government of India

Ministry of Personnel, Public Grievances & Pensions

Department of Pension & Pensioners’ Welfare

third Floor, Lok Nayak Bhavan,

Khan Market, New Delhi – 110003

Dated the 18th Sept„2018

OFFICE MEMORANDUM

Sub: Grant of Dearness Relief to Central Government pensioners/family pensioners — Revised charge per unit of measurement effective from 01.07.2018.

The undersigned is directed to refer to this Department’s OM No. 42/06/2018- P&PW(G) dated 22.03.2018 on the dependent plain mentioned higher upward as well as to solid pose down that the President is pleased to determine that the Dearness Relief admissible to Central Government pensioners/family pensioners shall hold out enhanced from the existing charge per unit of measurement of 7% to 9% w.e.f 01.07.2018.

2. These rates of DR volition hold out applicable to (i) Civilian Central Government Pensioners/Family Pensioners including Central Govt. absorbee pensioners inwards PSU/Autonomous Bodies inwards honour of whom orders convey been issued vide this Department’s OM No. 4134/2002-P&PW(D) Vo1.11 dated 23.06.2017 for restoration of sum pension subsequently decease of exchange menses of fifteen years (ii) The Armed Forces Pensioners, Civilian Pensioners paid out of the Defence Service Estimates, (iii) All Republic of Republic of India Service Pensioners (iv) Railway Pensioners/family pensioners (v) Pensioners who are inwards receipt of provisional pension (vi) The Burma Civilian pensioners/family pensioners as well as pensioners/families of displaced Government Pensioners from Burma/ Pakistan, inwards honour of whom orders convey been issued vide this Department’s OM No. 23/3/2008-P&PW(B) dated 11.09.2017.

3. The payment of Dearness Relief involving a fraction of a rupee shall hold out rounded off to the side past times side higher rupee.

4. Other provisions governing grant of DR inwards honour of employed identify unit of measurement pensioners as well as re-employed Central Government Pensioners volition hold out regulated inwards accordance amongst the provisions contained inwards this Department’s OM No. 45/73/97-P&PW (G) dated 2.7.1999 equally amended vide this Department’s OM No. F.No. 38/88/2008-P&PW(G) dated ninth July, 2009. The provisions relating to rule of DR where a pensioner is inwards receipt of to a greater extent than than 1 pension volition rest unchanged.

5. In the representative of retired Judges of the Supreme Court as well as High Courts, necessary orders volition hold out issued past times the Department of Justice separately.

6. It volition hold out the responsibleness of the pension disbursing authorities, including the nationalized banks, etc. to calculate the quantum of DR payable inwards each private case.

7. The offices of Accountant General as well as authorised Pension Disbursing Banks are requested to suit payment of relief to pensioners etc. on the pose down of these instructions without waiting for whatsoever farther instructions from the Comptroller as well as Auditor General of Republic of Republic of India as well as the Reserve Bank of Republic of Republic of India inwards sentiment of missive of the alphabet No. 528-TA, II134-80-11 dated 23/04/1981 of the Comptroller as well as Auditor General of Republic of Republic of India addressed to all Accountant Generals as well as Reserve Bank of Republic of Republic of India Circular No. GANB No. 2958/GA-64 (ii) (CGL)/81 dated the 21st May, 1981 addressed to State Bank of Republic of Republic of India as well as its subsidiaries as well as all Nationalised Banks.

8. In their application to the pensioners/family pensioners belonging to Indian Audit as well as Accounts Department, these orders number subsequently consultation amongst the C&AG.

9. This issues inwards accordance amongst Ministry of Finance, Department of Expenditure’s OM No. 1/2/2018-E.II(B) dated 07th Sept,2018.

Hindi version volition follow.

(Charanjit Taneja)

Under Secretary to the Government of India

Grant Of Pension To Grouping D/C Employees Regularized From Gds -Reg

GDS Pension

Grant Of Pension To Grouping D/C Employees Regularized From Gds -Reg

September 11, 2018   Comment  

D.O missive of the alphabet on Issue of grant of pension to Group D/C employees inwards Postal Department Regularized from GDS having less than 10years of service

Scrap Nps!!! Pension Is My Right...

New Pension Scheme NPS Pension

Scrap Nps!!! Pension Is My Right...

September 11, 2018   Comment  

Confederation of Central Govt Employees & Workers

7Th Cpc: Pick Regarding Exchange Of Additional Total Of Pension

7Th Cpc: Pick Regarding Exchange Of Additional Total Of Pension

Agustus 24, 2018   Comment  

Implementation of the recommendation of the seventh CPC- Option regarding exchange of additional total of pension

KENDRIYA VIDYALAYA SANGATHAN (HQ)

18, Institutional Area,

SaheedJeet Singh Marg

New Delhi-110016.

Phone no. : 26561153, 26858570,

www,kvsangathan.nicin

Dated: 21.08.2018

F.110230 (Misc.)2018/KVS(HO)/P&I /2362

The Deputy Commissioner/Director,

Kendriya Vidyalaya Sangathan,

All Regional Offices/ZIETs,

Sub: Implementation of the recommendation of the seventh CPC- Option regarding exchange of additional total of pension.

It is to inform that Govt. of Republic of Republic of India vide its OM No. 42/14/2016-P&PW(G) dated 24.10.2016 has provided an alternative to the pensioners retired betwixt 01.01.2016 to 04.08.2016, inwards ease of Rule 10 of CCS (Commutation of Pension) Rules,1981, non to commute the pension which has larn additionally commutable on revision of pay/pension on implementation of recommendations of the seventh CPC.

The Govt. of Republic of Republic of India OM is besides enclosed for possess reference.

Yours faithfully

(A.K. Srivastava)

Assistant Commissioner (Finance)

Source: KVS

Sanction Of 1 Increment Who Who Retired On 30-06-2006 Onwards [Association Request]

Increment Pension

Sanction Of 1 Increment Who Who Retired On 30-06-2006 Onwards [Association Request]

Agustus 22, 2018   Comment  

Request for suitable activity - Sanction of i increment who who retired on 30-06-2006 onwards

Old Pension System Vs Novel Pension Scheme

New Pension Scheme Pension

Old Pension System Vs Novel Pension Scheme

Agustus 16, 2018   Comment  

The one-time pension system was a defined produce goodness system where the authorities promises that in 1 lawsuit you lot retire, you lot volition larn too hence much pension based on the concluding drawn salary. In NPS ten per cent of your salary is deducted every calendar month for a contribution towards NPS too the same sum is matched yesteryear the government.

Flexible Pension Contribution

Flexible Pension Contribution

Agustus 14, 2018   Comment  

Flexible Pension Contribution

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

LOK SABHA

UNSTARRED QUESTION NO: 4138

ANSWERED ON: 10.08.2018

Flexible Pension Contribution

RAJESHBHAI NARANBHAI CHUDASAMA

Will the Minister of

FINANCE travel pleased to state:-

(a) whether the Government proposes for flexible pension contribution for the informal workers inward the province as well as if so, the details of proposal therein;

(b) if not, the proposal of Government for the people amongst irregular incomes as well as peculiarly the women of the province who convey no regular incomes; and

(c) the details of the study of the Pension Fund Regulatory as well as Development Authority (PFRDA) as well as Credit Rating Information Services of Republic of Republic of India Limited (CRISIL) on the pension proposal towards elderly women empowerment?

ANSWER

The Minister of State inward the Ministry of Finance

(a) &( b) The Atal Pension Yojana (APY) was launched inward May, 2015 as well as is operational from 1st June, 2015. The APY is primarily focussed on all citizens inward the unorganised sector, who are non covered past times whatsoever pension scheme. All citizens of the province inward the eligible category may bring together the scheme. As on 06.08.2018, the full let out of subscribers nether APY is 1,09,66,981, out of which, 43,87,993 subscribers are women. The salient features of the Atal Pension Yojana are equally under:

• Indian Citizens betwixt the historic catamenia grouping of xviii to twoscore years eligible to bring together APY through their savings banking concern trace organisation human relationship or post service purpose savings banking concern account.
• APY is based on defined produce goodness for providing guaranteed minimum monthly pension of Rs. one 1000 or Rs. 2000 or Rs. 3000 or Rs. 4000 or Rs. 5000 at the historic catamenia of threescore years based on pension amount chosen.
• The Central Government would also co-contribute 50% of the full contribution or Rs. one 1000 per annum, whichever is lower, to each eligible subscriber, for a catamenia of v years, i.e., from Financial Year 2015-16 to 2019-20, who convey joined the APY earlier 31st March, 2016, as well as who are non members of whatsoever statutory social safety system as well as who are non income revenue enhancement payers.
• In illustration of premature drib dead of Subscriber (death earlier threescore years of age), husband of the subscriber has been given an alternative to proceed contributing to APY trace organisation human relationship of the subscriber, for the remaining vesting period, till the master subscriber would convey attained the historic catamenia threescore years.
• In illustration of drib dead of both subscriber as well as spouse, the entire pension corpus would travel returned to the nominee.
• If the accumulated corpus based on contributions earns a lower than estimated render on investment as well as is inadequate to supply the minimum guaranteed pension, the Central Government would fund such inadequacy. Alternatively, if the actual returns during the accumulation stage are higher than the assumed returns for minimum guaranteed pension, such excess volition travel passed on to the subscriber.

With a persuasion to supply flexibility to the subscribers of APY amongst seasonal or irregular income, too the monthly means of payment, quarterly as well as one-half yearly means of payment of contributions convey been provided inward the Scheme. Further inward illustration of default inward payment of contribution, a subscriber may regularize the trace organisation human relationship past times paying the overdue amount along amongst a minimal accuse to obtain the guaranteed pension.

(c) The Pension Fund Regulatory as well as Development Authority (PFRDA) has informed that the study of PFRDA as well as CRISIL on ‘Financial safety for India’s elderly’ has, inter-alia, mentioned designing of a pension policy entirely for women where contributions could travel from the women’s families. Some revenue enhancement relief to the savings held inward the degree of pension has also been mentioned.

Reintroduction Of Onetime Pension Scheme

Lok Sabha Q &A Pension

Reintroduction Of Onetime Pension Scheme

Agustus 11, 2018   Comment  

Reintroduction Of Old Pension Scheme

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF FINANCIAL SERVICES

LOK SABHA

UNSTARRED QUESTION NO. 4075

TO BE ANSWERED ON AUGUST 10, 2018/SHRAVANA 19, 1940 (SAKA)

REINTRODUCTION OF OLD PENSION SCHEME

Shri Rakesh Singh

Will the Minister of FINANCE endure pleased to state

the details of drawbacks of the New Pension Scheme (NPS) introduced for the Government officials;

whether the NPS is non equally beneficial monetarily equally the Old Pension Scheme (OPS) as well as if so, the details thereof;

whether the Government employees are disgruntled alongside the NPS as well as if so, the details thereof; and

whether the Government proposes to reintroduce the OPS replacing the NPS, if so, the details thereof as well as the activity taken yesteryear the Government inwards this regard?

ANSWER

The Minister of State inwards the Ministry of Finance

(Shri Shiv Pratap Shulda)

(a) & (b) National Pension System (NPS) has been designed giving utmost importance to the welfare of the subscribers. Government has made a witting motion to shift from the defined create goodness pension scheme to defined contribution pension scheme i.e. NPS, due to ascent as well as unsustainable pension bill. There are a lay out of benefits available to the employees nether NPS. Some of the benefits are enlisted below:

• NPS is a good designed pension organisation managed through an unbundled architecture involving intermediaries appointed yesteryear the Pension Fund Regulatory as well as Development Authority (PFRDA) viz. pension funds, custodian, cardinal tape keeping as well as accounting agency, National Pension System Trust, trustee bank, points of presence as well as Annuity service providers. It is prudently regulated yesteryear PFRDA which is a statutory regulatory trunk established to promote quondam historic catamenia income safety as well as to protect the involvement of subscribers of NPS.
• The pension wealth which accumulates over a catamenia of fourth dimension till retirement grows alongside a compounding effect. The all-in-costs of the institutional architecture of NPS are amid the lowest inwards the world.
• Contribution made to the NPS Tier-I line of piece of work concern human relationship is eligible for taxation deduction nether the Income Tax Act, 1961. An additional taxation rebate of Rs.50000 is likewise allowed for contributions made to NPS Tier-I nether Section 80CCD (1B) of the Income Tax Act, 1961.
• Subscribers tin withdraw upward to 25% of their ain contributions earlier attaining historic catamenia of superannuation, champaign of report to for sure conditions. Further, PFRDA vide “PFRDA (Exits as well as Withdrawals nether the NPS) (First Amendment) Regulations, 2017” dated 10.08.2017 has liberalized norms for partial withdrawals which likewise include reduction of requirement of minimum years of existence enrolled nether NPS from 10 years to iii years from the appointment of joining.
• PFRDA has increased the maximum historic catamenia trammel from sixty years to 65 years for joining NPS-All Citizen Model as well as Corporate Sector Model, vide “PFRDA (Exits as well as Withdrawals nether the NPS) (Second Amendment) Regulations, 2017” dated 06.10.2017.
• PFRDA vide “PFRDA (Exits as well as Withdrawals nether the NPS) (Third Amendment) Regulations, 2018” dated 02.2018 has facilitated tardily instruct out & withdrawal inwards illustration of disability as well as incapacitation of the subscriber covered nether NPS.
• Transparency as well as Portability is ensured through online access of the pension line of piece of work concern human relationship yesteryear the NPS subscribers, across all geographical locations as well as portability of employments.

(c) & (d) Representations induce got been received which inter alia likewise include the need that the Government may revert to quondam defined create goodness pension system. However, due to ascent as well as unsustainable pension nib as well as competing claims on the fiscal, at that spot is no proposal to supervene upon the NPS alongside quondam pension scheme inwards honour of Central Government employees recruited on or later 01.01.2004.

Facilities For Pensioners Through 'Web Responsive Pensioners Service' (Wrps): Cheque Pension Processing, Final 12 Months Pension, Register Grievances Etc.

Facilities For Pensioners Through 'Web Responsive Pensioners Service' (Wrps): Cheque Pension Processing, Final 12 Months Pension, Register Grievances Etc.

Agustus 03, 2018   Comment  

Facilities for Pensioners through 'Web Responsive Pensioners Service' (WRPS): Check Pension processing, in conclusion 12 months pension, register grievances etc.

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF EXPENDITURE

CENTRAL PENSION ACCOUNTING OFFICE

TRIKOOT-II, BHIKAJI CAMA PLACE,

NEW DELHI-110066

CPAO/IT&Tech/Single Window Seervice/54/2018-19/71 

26.07.2018

Office Memorandum 

Subject: Facilities for Pensioners through 'Web Responsive Pensioners Service' (WRPS) of CPAO

Quick disposal of grievances of pensioners has been a pinnacle priority of CPAO. For this purpose, a Grievance Cell is already performance inward CPAO together with grievances received through dissimilar modes are settled past times it. So far, grievances non pertaining to CPAO straight but involving other agencies are beingness forwarded for in conclusion disposal to the concerned agencies i.e. Bank together with PAO for necessary action.

In monastic nation to. supply improve services CPAO developed Grievance Redressal together with Monitoring System i.e. 'Web Responsive- Pensioners Service' (WRPS): a facility of online transfer of grievances lodged past times .Pensioners on the CPAO website for early on disposal together with update thereon . Pensioners convey the next facilities through WRPS on CPAO's website:-

1. View together with Download the Special Seal Authorities issued past times CPAO inward both fresh besides every bit revision pension cases.

2. Check the pension processing status

3. Check in conclusion 12 months pension payment information

4. Register grievances together with banking concern represent the condition etc.

To facilitate pensioners, a step-by-step user need along alongside relevant screenshots is attached for cook reference.

The same may travel given broad publicity for the create goodness of the existing.pensioners besides every bit futurity retirees.

In example of whatever technical difficulty inward using this facility NIC Cell may travel contacted at email ID it.support@gov.in together with for whatever other enquiry related to pension, Grievance Cell may travel contacted on Phone No. 011-2671511 together with at email ID cccpao@nic.in.

This issues alongside the approving of Chief Controller (Pensions).

Encl:As above

(Praful Dabral)

Sr.Accounts Officer (IT & Tech)

Click hither to veiw/download amount OM together with organization of WRPS