For Restricted Circulation
DEPARTMENT OF ATOMIC ENERGY
PRINCIPAL ACCOUNTS OFFICE
a
b.
HANDBOOK FOR PENSIONERS /
FAMILY PENSIONERS
Disclaimer:
Utmost care has been taken to compile the information given in this
Hand Book on the basis of extant Rules and Orders. This Hand Book is for
the general information and not to be quoted as the ultimate authority for
grant of any benefit which is not envisaged in the rules.
PENSIONER / FAMILY PENSIONER
1.
Name
2. Designation
3. Unit
4. Residential address
5.
Telephone Number (Residence)
Mobile No.
E-mail ID
6.
PPO Number
7.
Bank Account Number
8.
Branch Name & Code
BSRCode
9.
Bank Address
Phone No. of CPPC
10. lmportant dates to remember
(a)
(b)
(c)
Payment of Pension
Life Certificate
: Last working day of the month
: November of every year
Date of Restoration of
commuted pension
(d)
Due date for Filing
:
31st July of every year
:
2016-2017
lncome Tax Return
(e)
7 CPC expected
(0
11. DR Rate as on,
01.01 .2014
100o/o
01.07.2014
107o/o
01.01 .2015
01.07.2015
01.01 .2016
01.07.2016
INDEX
Page
No.
1
lntroduction
'.- 1
- Pension & other Retirement benefits
Chapter .- 2 - Pension Payment Order ( PPO )
14
Chapter :- 3 - Procedure to be followed with Bank
19
Chapter
- Grievance Redressal Mechanism
Chapter :- 5 - Family pension & other entitlements
Chapter
'.-
Annexures
4
4
25
27
-
Model Calculation Sheet
40
2
Form 1 Application for commutation of pension after
retirement but before one year.
42
3
Table of Commutation Value
44
4
Table containing G.P.F. lnterest Rates
1
5
6
7
8
I
since
01.04.1982
Form of Application to be submitted for endorsement
of post-retiral spouse in Pension Pay Order
List of CPPC and contact details of Authorised Banks
Life Certificate
45
46
48
55
Circular dated 30.06.201 1 from CPAO on submission
of Life Certificate Procedure for getting Digital Life
Certificate
Procedure for getting Digital Life Certificate
56
58
10
Specimen letter of undertaking
Bank by the Pensioner.
to be given to the
59
11
60
14
Form 5 Particulars to be obtained by the Head of
Office from retiring Government servant
Pension Payment Processing Timelines
Application for Restoration of Commuted Portion of
Pension
Form 3 : Details of Family
15
Form 14 . Application for Family Pension
65
16
OM
67
12
13
17
:
No.412512008-P&PW(D) dated 19.11.2014Enhancinq Fixed Medial Allowance to { 500/- p.m.
lnvestment options and lncome Tax
62
63
64
68
lntrod uction
This handbook is an attempt to empower the retiring employees
governed by pension rules and pensioners
/ family pensioners with the
relevant information about their entitlements, rights and privileges.
Chapter one gives an overview of the eligibility for pension, different
kinds of pension, relevance of Qualifying Service in the matter of calculation
of pensionary benefits etc. An important change regarding verification of
service rendered in another Department, issued vide Notification dated
29.08.2014
available
is
to
incorporated
in Para 5. The various retirement benefits
eligible employees (GPF subscriber), including
a
model
calculation (Annexure-1) are included in this chapter. The applicability of
income tax on pension, exemption available to the lumpsum payment of
retirement benefits etc. is given in Para 18.
Chapter two covers all aspects relating to Pension Payment Orders
(PPO). The PPO is an important document for the pensioners. The PPOs
are issued in two parts one for the pensioner and the other for the Pension
Disbursing Bank. The manner of issue of duplicate PPO and amendments to
PPO are given in Paras 23 and 24 respectively. The PPO number is
a
12
digit number. The 12 digit PPO number has to be quoted by the Pensioner /
Family Pensioner in all their correspondence with the Authorities.
Banks are the Pension Disbursing Authority. The role of bank and the
dealings with the bank in the matter of pension payment is elaborated in
Chapter three. The monthly pension along with the Dearness Relief is
credited
to the account of the pensioner by the bank. Every year in
November pensioner is required to submit a Life Certificate to the Bank. The
procedure for submission of Life Certificate is given in Para
26. Government
has recently introduced, vide OM dated 14.11.2014 Diqital Life Certificate for
the convenience of the Pensioners/Family Pensioners.
Due to the simplifications of procedure introduced by the Government of
lndia, vide OM dated 7.5.2014, the pensioner need not visit the bank to
collect the pensioner's portion
of
PPO and submit an
undertaking
(Annexure- 10) to activate the first payment of pension (Para 27). Facility is
also available for the pensioner for transfer of the pension account from one
branch/bank to another (Para
28).
Procedure for restoration of commuted
pension is given in Para 31.
Various Grievance redressal mechanisms available to the pensioner is
given in Chapter four. Attempt has been made to compile the current contact
details of the Central Pension Processing Centres (CPPC) of all banks. The
details may be seen at Annexure-6.
Chapter five covers all the entitlements of the family in case of death of
employee
/ pensioner. One of the focus area of the Government
is the
welfare of the family. Various measures have been taken to simplify the
procedures and extend the family pension benefits
to the more needy
members of the family like unmarriedlwidowed/divorced daughter, disabled
child ren/siblings and parents.
The Form 3 for submission of details of family has been revised to
include all the members of family likely to be eligible for family pension. The
names of unmarried/divorcedlwidowed daughter/parents disabled sibling, can
be added in PPO even when eligibility occurs after the issue of the PPO. For
this, pensioner/spouse may intimate the details of such family members to
Pension Sanctioning Authority. The criteria
member is described in para
given in Para
application
39.
38.
of eligibility of each family
Procedure for claiming family pension is
On the death of the pensioner on submission of an
in plain paper, payment of family pension to
spouse will
commence, provided the pensioner had a joint account with the spouse and
undertaking/personal particulars have already been fonrvarded along with the
original P.P.O.
3
Ghapter 1 - Pension & other Retirement Benefits
Eliqibilitv:Employees appointed on pensionable establishment on or before
31.12.200A and subscribing
to the General Provident Fund (GPF)
on
completion of 10/20 years of qualifying service, are eligible for full pension as
per CCS (Pension) Rules, 1972.
2.
Different kinds of pension:
st.
No
Types of
Pension
1.
Superannuation
Pension
2.
Retiring
Pension
Amount & Authority
(Rule)
pavable
qualifying
50o/o of the average
(1) 10 years minimum
pensionable basic pay of last 10
service
establishment and opted for months or the last
month basic pay
GPF.
is more
whichever
(2) Upon attaining the age of 60
years or extended further by beneficial.
Govt. for certain category of (Basic pay includes
employees.
pay in Pay Band +
(3) Retirement is effective from Grade Pay + NPA
the afternoon of last day of the where applicable).
month in which the Govt. Servant
pm
attains the age of 60 years. A Minimum: t 3500 pm
Maximum: {45000
Govt. servant whose date of birth
is the first of a month, shall retire Rule 35 of CCS
from service on the afternoon of (Pension)Rules,1972
the last day of the preceding
month on attaining the age of 60
years.
(1) Upon voluntary retirement on 50o/o of the average
completion of minimum 20 years basic pay of last 10
months or the last
service.
month basic pay
(2) Upon compulsory retirement whichever is more
as per Rule 56 of Fundamental beneficial.
Conditions upon which
in a
Rules.
Minimum: { 3500 pm
Maximum:t45000 pm
4
Pension on w.e.f. 01.01.2006 full pension Rule 36 -50% of the
Conversion after completing minimum 10 average basic pay of
years of service as Govt. Servant. last 10 months or the
of a Govt.
last month basic pay
Department
whichever is more
into a
beneficial.
Corporation
or
Minimum: t 3500 pm
absorption
Before 01.01.2006 pro-rata Maximum: t45000 pm
from Govt.
completing As per DP&PW
into a
minimum 10 years qualifying clarification dated
Corporation
service as Govt. Servant.
17.6.2011.
Pension on pro-rata
basis calculated on
the length of qualifying
service.
Rule 37 & 37 A.
Minimum: ( 3500 pm
Retirement upon permanent
lnvalid
4.
incapacitation due to mental or
Pension
Maximum: t45000 pm
physical infirmity.
As per Rule 38 of CCS
(Pension) Rule 1972.
Pension granted on abolition of a Minimum: t 3500 pm
5.
Compenpermanent post held by the Maximum: t45000 pm
sation
employee.
Pension
As per Rule 39 of CCS
(Pension) Rule 1972.
Rule 40 - Not less than
6. Compulsory Pension granted to Government
Servant compulsorily retired from two-third and not more
Retirement
than full compensation
service as a penalty.
Pension
pension or gratuity or
both.
Rule 41 - Amount of
Pension granted to a dismissed
7.
CompaGovernment servant, if the Pension not exceeding
ssionate
twothird of pension or
Allowance
case is deserving special
gratuity or both which
consideration.
would have been
admissible if retired on
compensation pension.
3.
pension after
5
3.
Qualifvinq service for Pension &
Gratuitv: Commences from
the
date on which the Government servant takes charge of the post to which he
is first appointed either permanently or in an officiating capacity or temporary
capacity. Temporary service followed by confirmation without interruption will
also qualify. For calculating the length of qualifying service, fraction of a year
equal to three months and above shall be treated as a completed one half
year. The maximum qualifying service taken for the purpose of calculation of
Gratuity is 33 years.
4.
Verification of service rendered in another Office / Department: lf the
service rendered in another office or Department could not be verified, the
Head of Office shall refer the said period to the Head of Office in which the
government servant is shown to have served during that period.
On receipt of the communication, the Head of Office in that Office or
Department shall verify
the portion of service and send
necessary
certification to the referring Head of Office within two months from the date of
receipt of reference.
lf no response is received within two months, the said period shall
be
deemed to qualify for pension. lf any time thereafter it is found that the Head
of Office and other concerned authorities had failed to communicate any non-
qualifying period of service, responsibility shall be fixed.
6
\
5. Retirement benefits available to
DAE emplovees eliqible for
penqion:
The following are the various retirement benefits available:
Sr.
No.
1
2
3
4
5
6
7
8
I
Authority / Documents
Retirement
Benefits
Pension Payment Order (PPO)
Monthlv Pension
Commutation of Sanction issued by Head of Office and paid by
pension
PAO (or) paid by the Pension Paying Branch.
- " can be verified from Calculation Sheet.
(see para 6 for details )
Sanction issued by Head of Office and paid by
Retirement
PAO. - * can be verified from Calculation Sheet.
Gratuity
(see para 7 for details)
Sanction issued by Head of Office and paid by
Leave
PAO. - * can be verified from Calculation Sheet.
encashment
(see para 10 for details)
On the basis of application submitted by the
General
to the PAO through Head of Office for
employee
Provident
final withdrawal. (see para 14 for details).
Fund.
Sanction issued by Head of Office and paid by
Central Govt.
PAO
Employees
(see para 11 for details).
Group lnsurance
Scheme 1980
T.A. for settlement Sanction issued by Head of Office and paid by
PAO.
at a station after
Retirement.
C.H.S.S. benefits. As per the CHS Scheme prevailing in the
Department. (see para 15 for details).
Rs.500/- p.m. is paid along with pension where
Fixed Medical
CHSS benefits are not opted.
Allowance
(see para 16 for details)
( *Model Calculation Sheet enclosed as Annexure - 1 )
6.
Gommutation of pension: Every pensioner is eligible to commute a
percentage of monthly pension not exceeding 40%.
Application
in Form 1-A to be submitted in duplicate at least three
months before the date of superannuation, so as to facilitate payment by the
Accounts Officer.
7
After the date of retirement but within one year of retirement, if
pensioner is submitting his application for commutation, Form
t
has to be
submitted (enclosed as Annexu re 2).
When the commutation amount is paid after the date of retirement by
the Bank, then the full pension has to be paid by the bank till
the
commutation amount is paid. Once the commuted value is paid the reduced
pension will become payable.
Amount of commutation- Percentage of pension opted for commutation x
Commutation factor as per commutation table x12
Commutation factor table is enclosed as Annexure- 3
7. Retirement Gratuitv: A Government
servant who has completed
minimum five years of qualifying service, on his retirement, shall be granted
retirement gratuity equal
to Tlh of emoluments for each completed
six
monthly period (SMP) of qualifying service, subject to a maximum of 16%
times the emoluments.
The maximum amount of gratuity - Rs. 10 lakh
Emoluments for gratuity
- Basic Pay + Dearness Allowance
(Pay in Pay Band + Grade Pay is the basic pay)
Retirement Gratuity = Tax emoluments x completed SMPs.
8.
Service Gratuitv: A Government Servant retiring before completing
qualifying service
of 10 years is not eligible for pension. lnstead, service
gratuity at the rate
of half month's
emoluments for every completed six
monthly period of service is payable.
8
9.
lnterest for delav in pavment of Gratuitv: lf the payment of Gratuity is
delayed beyond 3 months from the date of retirement, interest at the rate
applicable to GPF deposit is payable to the pensioner.
10. Leave Encashment: Cash equivalent of Leave Salary is admissible as
per Rules 39 of CCS Leave Rules for the number of days of earned leave
and half pay leave at the credit on the last date of service subject to overall
limit of 300 days.
The half pay leave component cannot be commuted fully to make up for
the shortfall in earned leave. The cash equivalent of leave salary is
calculated as follows:
(1) For Earned Leave:Basic pay+DA admissible
on the date of retirement from service
x
No.of days of unutilized
earned leave at credit subject
to a maximum of 300 days
*
ln case EL credit is falling short of 300 days, encashment of Half Pay
(2)
Leave can be availed for the difference.
For Half Pay Leave-Half of basic pay+DA thereon
on the date of retirement
30x
No. of days of half pay leave at credit
subject to the total of earned leave and
HPL at credit not exceeding 300 days.
11. Central Govt. Employees Group lnsurance Scheme (CGEGIS) 1980:
The scheme is compulsory for all Central Government employees joining
service after 1.11.1980 and optional for those entered service before
'l .1
1
.1980. lt provides for the Central Government employees the benefits of
low cost insurance cover to help the families in the event of death while in
service and a lumpsum payment on retirement, resignation, etc.
9
Rates of monthly subscription Group to which the employees
belongs
Monthly rate of
subscription
Rate
Rs.
(A) Up to December. 1989
Group'A'
GrouP'g'
Group'C'
Group'D'
80
40
20
(B) From Januarv, 1990
Group'A'
Group'B'
Group'C'
GrouP'P'
120
60
30
10
15
12. Benefits payable on Retirement:
Lumpsum amount of accumulation in the Saving Fund is paid as per
the Table of Benefits issued by the Ministry of Finance every year based on
the Group held by the Government servant from time to time.
13. T.A.
on retirement: Admissible when retired employees settle in a
station other than the last station of duty. The entitlements are as applicable
in case of transfer. The concession should be availed within 1 year of
retirement.
For settling down at a station not more than 20 km from the last station of
duty, the following are the entitlements -
(a)
(b)
Self and family
Actual cost of conveyance not
exceeding the road mileage allowance
Personal effects
admissible for transfer.
Actual cost of transportation not exceeding
the amount admissible for transfer.
10
of An allowance at the rates prescribed
by the Director of Transport for journey by
Conveyance
taxi / auto-rickshaw, as the case may be.
Where the above allowance is claimed, no
mileage will be admissible for self. lf the
family also travels by the same conveyance,
they will also not be entitled to mileage
allowance.
Amount equal to Ts of the basic pay plus
Composite Transfer
NPA, if applicable.
Grant
Transportation
(c)
(d)
14. General Provident Fund: Subscription to the GPF shall be stopped
during the last
3
months before superannuation. On retirement, the
accumulation in GPF along with interest as per Rule 11 of GPF Rules is paid.
Rate of interest for the years from
01
.04.1982 to
31
.03.2014 is given in the
Annexure-4 for information. GPF accumulation paid is exempt from lncome
Tax.
15. Gontributory Health Service Scheme (CHSS) Benefits:
(a) The retiring employee has an option
to retain the CHSS benefits
available at stations where CHSS is operated.
(b) The benefit is admissible only to the employee and spouse.
(c) Employee should pay the contribution in advance for a minimum period
of one calendar year with reference to the pay drawn prior to retirement.
This needs to be renewed. Else, employees have an option to pay "one
time contribution" of 10 years to be eligible for life long registration.
(d) The rate of contribution is
(e)
1o/o
of basic pay per month.
The reimbursement of any claim for treatment under CHSS after
retirement will be made by the Pay & Accounts Officer (PAO) of the office
from where the pensioner retired. The bank account details may be
provided to the PAO for direct remittance of the payment into the bank
account.
11
(f)
Option is also available to join the scheme any time after retirement
subject to payment of one time contribution for life long registration or
arrears of contribution from the date of retirement. Employees retired
from non CHSS station settled at a CHSS station can also become a
member.
16. Fixed Medical Allowance (F.M.A): Option for CHSS benefits or Fixed
Medical Allowance is available to the retiring employee.
lf fixed
Medical
Allowance is opted an amount of Rs.300/- p.m. is payable with effect from
0'1.09.2008. The amount of Fixed Medical Allowance has been enhanced to
{
500/- p.m. vide OM No.4/25I2008-P&PWD dated 19.11.2014 (enclosed as
Annexure-16).
17. Additional Pension:
(a) Additional pension is admissible from 80 years to 100 years of age as
detailed below:
Additional quantum of pension
Aqe of Pensioner
80 vears to less than 85 years
85 vears to less than 90 years
90 years to less than 95 years
95 years to less than 100 years
of basic pension
30% of basic pension
40% of basic pension
50% of basic pension
100% of basic pension
20o/o
100 years or more
(b) Payment of additional pension is automatic.
(c) Pensioners may like to check up with the Paying Branch upon attaining
the eligible age as per the table.
18. Income Tax and Exemptions: The following lumpsum payments are
exempted from payment of lncome Tax under Section 10 of the lncome Tax
Act:
12
(a) Commuted value of pension
(b) Gratuity
(c)
(d)
(e)
Leave encashmeft
CGEGrs
Provident Fund
lncome Tax pavable on monthlv Pension / Familv Pension:
Monthly pension is taxable like salary.
(a) If the total pension receivable in a year is more than the exempted
amount as stipulated
in
lncome Tax Act, tax will be deducted at
applicable rates by the Pension Disbursing Authority (bank).
(b) lf the pensioners
have made investments eligible for tax exemption
(
under 80C, 80CCC, 80D, 80DD, 80DDB,80E, 80G, etc.), the saving
particulars should be furnished
to the Pension Disbursing Authority
(PDA) (Bank) for getting exemption/rebate of lncome Tax.
19.
Tax Benefits to Senior Gitizens (60 vears)
/
Super Senior Citizens(8O
vears):
(a) lndividuals attaining 60/80 years of age at any time during the financial
year are eligible for the benefits of Sr. Citizens/Super Senior Citizens
respectively.
(b) Sr. citizens/ Super senior citizens are provided concessions as per the
lncome Tax
Act. The income tax exemption limit for Sr.
Citizen/Super Senior Gitizen during the assessment year 2015-16 is
Rs.3.00 lakh and Rs.S lakhs, respectively.
Banks are also providing higher rate of interest on investments / deposits to
Senior Citizens. Pensioners may like to avail of such facilities provided by
the bank. Return on investment of the retirement dues by way of interest,
etc. would also be liable for income tax as per the lncome Tax Act.
13
Ghapter
2 - Pension Payment Order (PPO)
20.Pension Payment
Order:
The Pension Payment Order (PPO) is in two
parts, one for the pensioner and the other for the pension Disbursing Authority
(PDA), i.e. the authorised bank. PPO is issued by the Pay & Accounts Officer
under special seal. The PPO
in Form CAM 52 contains the following
information:
(i)
PPO number and date
(ii)
Class of pension
(iii) Name of pensioner
(iv) Details of Family ( Name, Age, Address, etc. )
(v)
Department / Ministry in which the pensioner was last serving
(vi)
Accounts Officer issuing the PPO with PAO Code Number
(vii) Date of retirement of pensioner
(viii) Date of commencement of pension
(ix)
Gross amount of monthly pension
(x) Gratuity(paid/payable)
(xi)
Commutation of pension (paid/payable)
(xii) Reduced
amount of monthly pension on account of commutation
(xiii) Fixed MedicalAllowance, if payable.
(xiv) Family pension at normal / enhanced rate admissible to the family, etc.
Part IV of Form CAM 52 has been introduced vide correction slip dated
7.1.2014 for co-authorisation
of family pension of permanently disabled
children/sibling and dependent parent.
Every PPO is given a distinct Pension Payment Order number. PPO
numbers are allotted by CPAO. The PPO number is to be quoted in all
correspondence with PAO, CPAO and Bank. Each PPO number comprises
12 digits, the first five digit indicate the code number of PPO issuing PAO,
14
next two digits indicate the year of issue, next four digit indicate the
sequential number of the PPO and the last digit is
a check digit for the
purpose of computer. The status of PPO and amendment can be tracked in
the Central Pension Accounting Office (CPAO) website (www.cpao.nic.in) by
entering the PPO number.
21. Role of Gentral Pension Accounting Office (GPAO): The Central
Pension Accounting Office (CPAO) was established on 1.1.1990 for payment
& accounting of Central (Civil) pension. The CPAO
/
receives the PPOs
submitted by the PAOs and issues Special Seal Authority (SSA)
to
the
authorised banks. The CPAO also register the grievances of the pensioners
(www.cpao.nic.in).
22. Provisional pension (for reasons other than Departmental judicial
proceedings): ln spite of following the procedure laid down in Rule 59, if it is
not possible to assess the pension and gratuity and settle before the date of
retirement of the employee, Head of Office shall determine and authorise
provisional pension and provisional retirement gratuity. The payment of
provisional pension shall not continue beyond six months. lf the final amount
of pension and gratuity have not been determined by the Head of Office
within a period of six months, the Accounts Officer shall treat the provisional
pension and gratuity as final and issue Pension Payment Order immediately
on expiry of the period of six months.
15
23. Issue of Duplicate PPO :
sr.
Procedure
Nature of lssue
No.
1.
lf
both the halves The paying branch will address to the concerned
of a PPO are
Pay & Accounts Office through the usual channel
have i.e. Link Branch, CPAO etc. requesting for issue
been lost in transit of a duplicate PPO in favour of the concerned
pensioner. Before initiating action in this behalf
before
commencement of the paying branch will, however, verify from the
of register of payment of pensions that no payment
pension.
has already been made to the pensioner and
confirm this fact to the PAO while writing for a
duplicate PPO.
Pensioner's
The paying branch will forward the request of the
portion of the PPO pensioner, along with both halves of the PPO to
is lost, worn or torn the CPAO through the Link Branch for renewal in
and it is sought to terms of the provisions of rules. ln order that
payment of pension is not unnecessarily delayed
be renewed.
in such cases in the absence of disburser's
portion of the PPO, care may be taken to send
the connected documents to the CPAO
immediately after payment for a month is made,
so as to leave sufficient time with the CPAO to do
the needful and return the documents by the time
payment for the next month becomes due. The
CPAO will also be reminded by the paying
branch in cases where the return of the
documents is unduly delayed.
ln case where The Paying Branch will report the matter to the
disburser's portion concerned Pay & Accounts Office through the
of PPO is lost by usual channel, i.e. Link Branch, CPAO
the Paying branch requesting for issue of duplicate disburser's
portion of PPO. For this purpose, the Paying
ofthe bank.
Branch will fonruard the photocopy of the
pensioner's portion of PPO duly attested by the
Bank Manager and certificate indicating the
month upto which the payment has been made
to the pensioner. CPAO will send this information
to the concerned PAO for issue of duplicate
Disburser portion of PPO.
reported
to
payment
2.
3.
24. Amendment to PPO: Amendment to PPO can happen due to revision
of pension, changes in the family particulars etc.
16
24.1 Revision of Pension: After issue of the PPO, revision of authorised
pension may be required due to the following:-
1.
Retrospective revision of pay due to stepping up, promotion etc.
2. Retrospective Upgradation of pay scales
3. On lmplementation of new Pay Commission recommendations.
4. Govt. orders relating to change in effective date of up-gradation
/
revision, etc.
The Head of Office/PAO may be contacted for providing information
required for revision. An amendment for carrying out corrections on both the
halves of the PPO will be issued by PAO under special seal. The corrections
on the PPO will be carried out under the attestation of Branch Manager.
Pensioners are advised to visit the Branch to ensure that the amendment is
carried out.
24.2 Change of Address & Contact details: When the contact details and
address for correspondence changes, the same may be intimated to the
Head of Office for issue of suitable amendment to the PPO. This will also
facilitate contacting the pensioner by the office for any revision related issue.
24.3 Endorsement of family pension entitlement of post retiral spouse
in the PPO: An application in the proforma (enclosed as Annexure - 5) along
with stipulated documents to be submitted to Head of Office. The Head of
Office after due verification will forward the papers to the Pay and Accounts
Officer for issue of corrigendum to PPO.
17
The payment of family pension will be subject to the provisions of clause
(b) of Sub Rule (7) of Rule 54 of CCS (Pension) Rules, 1972. When the
pensioner does not have any children from previous marriage, if any, the post
retiral spouse shall be eligible for full family pension. Where the pensioner
has any eligible child from another wife who is not alive, the family pension
payable to the post retiral wife and the child/children from the previous
marriage will be in equal share. When the shares of family pension payable
to the widow or child ceases to be payable, such share shall not lapse but is
payable to the widow or child.
24.4 Payment of family pension to eligible children: As far as children,
including those borne after retirement, a fresh PPO will be issued as and
when the turn of each child for receipt of family pension arise.
18
Ghapter 3 - Procedure to be followed with Bank
25. Payment of Monthly Pension
/ Family Pension:
Pension
/ Family
Pension will be credited to the bank account of Pensioner / Family pensioner
on the last working day of every month except in the case of March which will
be credited on the 1't working day of
(a)
April.
,
The amount of pension is the basic pension minus the pension
commuted, if
any. ln case of Family
Pension, there is no concept of
cornmutation. ln addition, Dearness Relief (DR) on basic pension is
payable. DR as on
01
.07.2014
is
1O7o/o
which is revised w.e.f. 1't
January/July of each year.
(b)
The order for revision of DR is issued by Department of Pension &
Pensioners Welfare (DP&PW).
(c)
Copies of the orders are made available on the DP&PW Website
(www. persmin. nic.
in /pension).
(d) ln case Pension /
Family Pension is not credited to the account,
pensioner may approach the Central Pension Processing Centre
(CPPC) of the concerned bank or the toll free number of the bank. The
address and contact details of CPPC of all authorised Banks are
enclosed as Annexure - 6.
26. Life Certificate to be furnished by the Pensioner/ Family Pensioner
to the Bank
:
(a) The Pensioner / Family Pensioner is required to furnish a Life Certificate
in November each year in the form stipulated (enclosed as Annexure-7).
19
to give
Officers of the RBI and authorised banks are authorised
Life
Certificate for this purpose.
(b) ln case Pensioner / Family Pensioner is unable to obtain a Life Certificate
from an authorised bank officer on account of
serious
illness/incapacitation etc. intimation to this effect supported by a Medical
Certificate about his inability to appear in person may be sent to the
Officer- in-Charge of the paying branch so that the latter may nominate
an officer to visit the
Pensioner
/
at his/her
Family Pensioner
residence/hospital for the purpose of recording the Life Certificate.
(c) A pensioner who produces a Life Certificate signed by any person
stipulatedinCPAooMdated30.06.2011(enclosedasArcE)is
exempted from personal appearance. The Pensioner / Family Pensioner
can also submit the certificate to any Branch of the Bank through which
pension is being disbursed.
(d)
Digital Life Gertificate
- Government has introduced
Digital Life
Certificate based on Aadhar Biometric Authentication. The detailed
process for getting Digital Life Certificate is enclosed as Annexure-9.
.
27. Simplification
of pension procedure to avoid personal visit of the
Pensioner to the Bank
:
(a) As per the scheme for payment of pension through Authorised Banks, an
undertaking (enclosed as Annexure
retiring Govt. ServanUPensioner
commencement
of
- 10) is to be submitted by the
to the Disbursing Bank before
pension. By this undertaking,
the
undertakes to refund any excess payment paid by the bank.
20
pensioner
(b) ln order to simplifo the procedure and to avoid delay in commencement
of pension, it has been decided vide OM No.112712011-P&PWE dated
7.5.2014 that the required undertaking may be obtained by the Head of
Office from the retiring Govt. servant along with Form 5 (enclosed as
Annexure
- 11) and other documents, before his retirement. This
undertaking shall be forwarded to the pension disbursing bank along with
the PPO by the Accounts Officer.
(c) The pensioner would no longer be required to visit the bank to activate
the first payment of pension. The PAO, after ascertaining that the Bank's
copy of the PAO has been despatched by the CPAO, may hand over the
pensioner's copy of the PPO along with retirement dues at the time of
retirement. This procedure should be feasible in all cases where the
Government Servant had submitted pension papers within the time limits
stipulated in the CCS (Pension) Rules, 1972 (time schedule enclosed as
Annexure -12).
(d) An employee
posted at a location away from the Head of Office or for
any other reasons desire to receive his copy of PPO from the Bank may
exercise the option in writing
to Head of Office while submitting the
pension papers (as per the existing practice).
28. Procedure
for Transfer of Pension / Family Pension from one
Branch/ Bank
to another: For reason of convenience etc. a
pensioner/family pensioner can change the Pension Paying Branch or even
the Bank by following the procedures given below:
21
(a) Transfer from one paying branch to another of the same bank within
the same station or at a different station - Request for this may be
entertained by the bank
itself. ln case transfer is at the same station,
Link Branch will make necessary entries in the register maintained by
them and fonrvard the Disburser's portion of PPO to the paying Branch at
which payment is desired under intimation to the Central Pension
Accounting Office and the Pensioner. ln case the transfer is at different
station, Link Branch after keeping the requisite note will
Disburser's portion of the PPO to the Link Branch
fonruard
at new station for
arranging payment through the new paying branch. Necessary intimation
of affecting such transfer will be sent to CPAO by the new as well as old
link Branches for keeping a note of change in their records under
intimation to the pensioner. The receiving Link Branch on receipt of the
pension documents will ensure forwarding the PPO to the paying branch
within three days and intimate the pensioner simultaneously.
(b) Transfer from one bank to another within the same station
(such
transfers to be allowed only once in a financial year) &
(c) Transfer from one bank to another bank at a different station
When a pensioner applies for transfer on a simple sheet of paper the old
bank (paying branch) will send a letter duly signed by its Branch Manager
to the Branch Manager of the new paying branch, wherever located,
along with photocopy of the pensioner's PPO showing the last payment
made.
22
This will be sent by Speed-posUCourier/Regd. post to the new paying
branch at the new location, along with a copy each to the pensioner, CPAO
and for information to the Link Branch of the old paying
branch.
Simultaneously, the old paying branch will send the Bank's copy of the PPO
to its Link Branch, duly completing all entries for transmission to the new Link
Branch. However, pensioner's copy of PPO will be retained by pensioner
and produced at the new paying branch.
The new paying branch will commence the pension payment immediately
on receipt of letter of the last payment certificate. Simultaneously, it will send
intimation to its Link Branch with full details of the commencement of the
pension. The old paying branch and its Link Branch will ensure that the
bank's copy of PPO is transmitted to the new paying branch through its Link
Branch.
Pension will be paid for 3 months on the basis of the photocopy of
the pensioner's PPO at transferee (New) branch, from the date of last date of
payment made at the transferor (Old) branch. During this time, it will be the
joint responsibility of both transferor (Old) and transferee (New)
bank
branches to ensure that all the documents are received by the transferee
(New) branch within the period of 3 months.
With the introduction of CBS and implementation of CPPC the
pensioner has the option of putting a request at either the Old Branch or the
New Branch.
Except as provided above, the transfer of
a
payment point to another will not ordinarily be permitted.
23
pension from one
29. Payment of pension to N.R.l. Pensioners
/ Family Pensioners: In
case where the pensioner has become non-residents, facility is provided for
converting the account of the pensioner to non-residents ordinary account on
following stipulated conditions and the pension will be credited to the NRI
account.
30. Joint bank account by pensioner with spouse: lt is permitted to credit
pension to joint account operated by pensioner with spouse in whose favour
an authorisation for family pension exist in PPO. The joint account will enable
spouse
to receive family pension without applying in Form-14( Form for
applying for Family Pension ).
31. Restoration of commuted pension: The pension commuted will be
restored after 15 years. The date of restoration is indicated in the PPO in
case of superannuation where the commuted value was paid by the PAO.
For restoration of the pension commuted, the pensioner has to apply in the
proforma (enclosed as
@g-tg-13)
to the pension disbursing bank. lf the
pension commuted is not restored on due date, the pension paying branch
may be contacted or the grievance redressal mechanism as given
Chapter- 4, may be followed.
24
in
Chapter 4 - Grievance Redressal Mechanism
32. Grievance
Redressal:
Pensioners/Family Pensioners have the
following option for registering their grievances. The PPO Number has to
be quoted in all their correspondence with the authorities.
(a) A grievance redressal portal is exclusively available for Pensioners /
Family Pensioners in Department of Pension
& Pensioner's
Welfare
Website (www.persmin.nic.in/pension). The link'CPENGRAMS' in the
web site, provide facility for lodging pension related grievances and
knowing the status of the grievances.
(b) Central Pension Accounting Office website (www.cpao.nic.in) also
provides facility
for
Pensioners
& Family Pensioners for lodging
grievance and check status of grievance settlement.
(c) Toll Free Telephone No. of CPAO is
1800-1 1-77-88. (9 am to 5.30 pm)
on all working days for registrations of grievance and obtain registration
number.
(d) ln DAE Website (www.dae.nic.in) on clicking the image link "Pensioner
Portal" 'DAE Pensioners Corner' will be opened. This Handbook will be
available in the 'DAE Pensioners Corner' and changes pertaining to the
information contained
in this Hand Book will be updated in the e-
Handbook.
(e) Contact details of Central Pension Processing Centres (CPPC) of various
Banks are enclosed
as
Any Grievance relating to payment
of pension, non-payment of DR etc. the concerned CPPC of the Bank
may be contacted.
25
(0 SBI has also pensioner grievance redressal portal( www.sbi.co.in ).
(g) The Nodal Officer for DAE for pension matter is Joint Controller
(F&A).
The contact details of JC(F&A), DAE is given below:
Joint Controller (F&A)
Department of Atomic Energy
Anushakti Bhavan,
C.S.M. Marg,
Mumbai - 400 001.
e-mail lD : icfa@dae.qov.in
Phone No. (022) 2286267
O
(h) The Pensioner/Family Pensioner can take up their grievance with their
Head of Office/PAOs as the case may be.
26
Ghapter 5 - Family Pension &
Other Entitlements
33. Entitlements of the family of the deceased employee dying while in
service:
Sr.
No.
Authority
Entitlements
1
Monthly
2
Pension
Death Gratuity
Family
Pension Payment Order ( see para 35 to 39 for
details).
Paid by PAO based on sanction issued by Head
of Office (see para 41 for details).
Paid by PAO based as per sanction issued by
Head of Office ( see para 42 for details ).
3
Leave
Encashment
4
Paid by PAO based on sanction issued by Head
Central Govt.
Employees Group of Office ( see para 43 for detaild ).
lnsurance
Scheme, 1980
General Provident On the basis of application submitted by the
nominee. (see para 44 for details ).
Fund
T.A. for settlement Paid by PAO based on sanction issued by Head
at a station after of Office.( see para 45 for details).
Retirement.
Paid by PAO based on sanction issued by Head
Deposit linked
of Office.( see para 46 for details).
lnsurance
Scheme
Paid by PAO based on sanction issued by Head
Residuary
of Office.( see para 49 for details).
Gratuity
Paid by PAO based on sanction issued by Head
lmmediate Relief
of Office.(see para 50 for details ).
DAE Employees' Paid by Treasurer as per the Scheme(see para 51
for details).
Family Relief
Scheme
As per the CHS Scheme prevailing in the
C.H.S.S. benefits
Department.( see para 47 for details ).
5
6
7
I
I
10
11
Please see para 38 for the entitlement of family pension to the family
members, the order of priority and the other conditions of eligibility.
27
34. Details of Familv to be given bv the Govt. servant : A Government
Servant shall give details of family in Form-3 (enclosed as Annexure- 14). In
the Revised Form-3, details of spouse. all children and parents and disabled
siblinqs ( brothers & sisters ) whether eligibie for family pension or
not
may
be given. Please also see para 52for changes in the composition of family
after retirement.
Family members eligible for family pension as per GCS (Pension) Rules
1972
z
Familv Family pension will be given in the orO", given below:
First categorv:
1. Spouse
2.
Children upto the age oI25 years of age
Second category:
1. Mentally/physically disabled children above 25 years for
2.
3.
4.
life
Unmarried/widowed/divorced daughter.
Parents who are wholly dependent on the Govt. servant.
Dependent disabled brothers or sisters.
35. Eligibility for family pension:
a. After completion of one year continuous service.
b. Before completion of one year provided already medically examined and
found fit.
c. After retirement from service and was on the date of death is in receipt of
pension.
28
36. Amount of Family Pension:
Enhanced rate
Payable when the govt. servant has rendered not less
than 7 years of service.
Death while in service: Amount of Family Pension is
payable 50% of pay last drawn for 10 years from the
date, following the date of death.
Death after retirement: 50% of pay last drawn or
pension authorised whichever is less. Payable for a
period of seven years or upto the date on which he
would have attained 67 years had he survived.
Norma! rate
30% of basic pay
Pension :
1
Maximum Normal Family Pension ,
Minimum Normal Family
( 3500
p.m.
t 27000 p.m.
37. Dearness Relief: Applicable Dearness Relief will be credited by the
bank along with pension.
DR as on 0110712014
Revision of
DR
:
:
1o7o/o
1't January/July of each year
38. Griteria of eligibility for family members for family pension:
Sr.
No
Family
Members
Period of payment & conditions
Income criteria
Upto the date of death or remarriage,
whichever is earlier.
Not applicable
1.
Spouse
(Husband/
Wife)
(a)
Childless
widow
ln case of childless widow even after
remarriage subject to lncome Criteria.
(b)
Judicially
separated
spouse with
no child
Judicially separated spouse with no
child is eligible. Not eligible if judicial
separation is granted on the ground of
adultery and the spouse was held
The minimum
family pension i.e.
T 3500 plus DR
thereon.
guilty of committing adultery.
(c)
Judicially
separated
spouse with
children
Judicially separated spouse
children will get family pension
the children cease to be eligible.
29
with
after
Declaration
regarding income
is to be given to
disbursing
authority every six
months.
2.
3.
4.
Son/
Daughter
Disabled
children
above
2Syears
Unmarried/
widowed/
divorced
daughter
The minimum
Upto the age of 25 years or until
marriage or starts earning, whichever family pension i.e.
{ 3500 plus DR
is earlier. Payable in the order of birth.
thereon.
Younger will become eligible after the
elder become ineligible.
The minimum
1
Eligible after the turn of last minor
family pension i.e.
child is over.
< 3500
lf more than two children suffering
plus
pension
is
DR thereon.
from disorder, family
payable in the order of birth.
The younger one will be eligible
after the elder cease to be eligible.
ln case of twin children family
pension shall be paid to both of
them in equal shares.
Eligibility has to be certified by
competent med ical authority.
6 Payable even after marriage
7 Certificate to be furnished to bank
about income.
As and when the disability
manifests itself in a child which
makes him/her unable to earn
his/her living, Heads of Office shall
be notified supported with medical
certificate.
1 . Effective from 1 .1 .1998. Eligible if
she is not earning her living.
The minimum
i.e.
2. lf eligibility occurs after issue of family pension
PPO, the spouse, if alive, or the { 3500 plus DR
thereon
widowed
unmarried/divorced/
daughter can themselves intimate
the details to the pension
sanction nq authority.
The minimum
1. Wholly dependent on the govt.
family pension i.e,
servant when alive.
{ 3500 plus DR
rates
only.
2. Payable at normal
thereon
3. lf both parents are alive, first, mother
qets familv pension.
The minimum
Following the same criteria as laid
pension i.e.
family
children.
down for disabled
{ 3500 plus DR
thereon
i
5.
Parents
6.
Disabled
siblings
unable to
earn their
livinq
30
Note
:
Family pension admissible to
deceased employee/pensioner
a
beneficiary
in respect of one
is not to be counted aS income for the
purpose of determination of etigibility for another family pension, which is
admissible
in connection with
another deceased employee/beneficiary.
However, any other income/earning of the beneficiary under consideration
will be counted towards income for deciding eligibility for family pension.
39. Procedure for grant of familv pension:
The following are the steps td ne taken for grant of family pension:
Death after retirement
On submission of an application on plain
paper along with death certificate the
payment of family pension to spouse will
commence from the date following the
date of death provided:
(a) the pensioner had a joint
bank
account with the spouse.
Death while in service
The Head of Office will obtain a
claim in Form-14. The Head of
Office shall assess
and
&
death gratuity in Form-18 within
a month of receipt of claim. To
avoid delay in payment of family
pension and other retirement
benefits, Head of Office should
initiate action to process the
authorise family pension
(b) the specimen signature, personal
mark of identification, left hand case immediately on receipt of
thumb impression, proof of age/date intimation without waiting for
of birth and undertaking for recovery
of
receipt of formal
excess payment have been certificate.
by Head of Office and
obtained
forwarded along with the PPO.
lf a & b are not complied with application
in Form-14 (enclosed as Annexure 15)
has to be submitted to Bank.
31
death
The family pension at the rate indicated
ln the PPO will commence.
Separate PPO need not be issued for
payment of family pension to spouse.
Separate PPO need not be issued
in
case disabled children/sibling
and
parents where already authorised in the
PPO and there are no prior eligible
claimant.
ln case of other eligible family members,
Form-14 has to be submitted to the
Head of Office.
40. Additional Pension: Applicable from 80 years and above at the rate
indicated in para 17.
41. Death Gratuity: When a government servant dies while in service, the
amount of gratuity payable shall be as indicated below:Sl. No.
(i)
(ii)
Lenqth of Service
Less than one year
One year or more, but
Death Gratuity payable to family
2 times of 'emoluments'
6 times of 'emoluments'
less than 5 vears
(
5
iii)
years
or more,
but
12 times of 'emoluments'
less than 20 vears
(iv)
Half of emoluments for every completed
six monthly period of qualifying service
subject to a maximum of 33 times
20 years or more
'emoluments' or
t
10 lakhs.
The maximum amount of gratuity - t 10 lakh
Emoluments for
42.
gratuity
Encashment of Leave
- Basic Pay + Dearness Allowance
(Basic Pay = pay in Pay Band+Grade Pay)
:
Admissible as in the case of retirement details
given at para 10.
32
43. Gentral Govt. Employees Group lnsurance Scheme:
It provides for the Central Government employees the benefits of low
cost insurance cover to help the families in the event of death while
in
service.
Rates of monthly subscription and amount of lnsurance cover Monthly rate of
subscription
Group to which the employees
belongs
Rate
t
(A) Up to December, 1989
Group'A'
GrouP'g'
Group'C'
Group'D'
80
40
20
10
Amount of
lnsurance
cover
{
80,000
40,000
20,000
10,000
(B) From January, 1990
Group'A'
Group'B'
Group'C'
Group'D'
120
60
30
15
1,20.000
60,000
30,000
15,000
Benefits payable on Death while in service:
a. Amount of appropriate insurance cover as indicated above.
b.
Lumpsum amount of accumulation in the Saving Fund as per the
Table of relevant year.
44. General Provident
fund:
payable to the Nominee
/ Family. The rate of interest rate applicable during
Balance at credit at the time of death is
the past years is given in Annexure-4.
45. Travelling Allowance for settlement of station: Travelling allowance
as admissible in the case of retirement. Details given at para 13.
33
46. Deposit Linked Insurance Scheme: On the death of a GPF subscriber
(while in service) after five years service an additional amount equal to the
average balance in the account during the 3 years immediately preceding the
death is payable to the nominee/family subject to the following conditions:
(a) The balance at the credit of such subscriber shall not at any time during
the three years preceding the month of death have fallen below the limits
indicated in column 2 of the table:
lf the subscriber was drawing
Minimum monthly
balance during the
Period
Grade Pay of < 4,800 p.m. or more
Grade Pay of < 4,200 p.m. or
more but less than ( 4,800 p.m.
Grade Pay of { 1,400 p.m. or
more but less than t 4,200 p.m.
Grade Pay less than t 1,400 p.m.
25,000
15,000
10,000
6.000
(b) the additional amount payable under this rule shall not exceed ( 60,000/47. CHSS benefits: The spouse of a deceased employee and other family
members registered under the CHS Scheme can continue to avail of the
benefits provided the deceased employee had completed a minimum of one
year's service in the Department and spouse pays the contribution last paid
by the deceased employee. The eligibility is further subject to the conditions
that the spouse and other members of the family are othenruise eligible.
48. Medical Allowance: Family pensioner not opted for CHSS is entitled to
medical allowance
of { 500/- per month.
34
49. Residuary Gratuity: Payable to the nominee/family of an employee
who dies within five years after retirement. lf the amount already received
towards pension & gratuity is less than 12 times of the emoluments drawn at
the time of retirement, the difference is granted to the nominee/family as
Residuary Gratuity.
(a)
(b)
(c)
(d)
Amount to be deducted
Amount of Pension/Gratu ity
paid
alreadv
12 times the emoluments
Pension/Service q ratu ity
drawn at the time of retirement
DR on Pension
Retirement gratuity
Commutation amount
Total
50. lmmediate Relief to the Familv of an emplovee who die while in
service: ln case a Government Servant dies while in service, the family will
be eligible for relief in the shape of an advance. Amount of advance is
limited to two month Basic Pay or Rs.8000/- whichever is less. The advance
will be adjusted against arrears of Pay & Allowance or any other payment
due in respect of deceased Govt. Servant.
51. DAE Employees Family Relief Scheme (DAEEFRS): Membership of
the Scheme is voluntary. The Scheme is open to all the employees of all the
Units of Department of Atomic Energy except Bhabha Atomic Research
Centre. Separate similar scheme is available for the employees of BARC.
Person joining one of the participating Units of DAEEFRS on transfer from
Bhabha Atomic Research Centre and vice-versa would automatically become
a member of the DAEEFRS or Bhabha Atomic Research Centre Employees
Family Relief Scheme unless specifically opted out.
35
51.1 Gontribution: The contribution is Rs.251-per month, forall employees
with effect from
01
.11.2012.
51.2 Quantum of Relief: The amount of relief payable to the family of the
deceased employee is Rs.1,00,000/-. The relief amount is payable to the
family of the member nominated under the GPF/CPF/New Pension Scheme
as the case may be. lf no nomination has been made by a member,
payments under the scheme shall be made to the person to whom the
amount under GPF/CPF/NPS is payable.
51.3 Payment of Relief: Within sixty days as far as possible from the date
of receipt of a communication from the Head of the Unit regarding the name
of the nominee to whom PF dues are payable. The Secretary of the Scheme
shall write to the Treasurer in this regard within seven days from the date of
receipt of information by him from the Head of the Unit.
52. lnclusion
of
names
of the widowed or divorced or
daughter/parents/disabled siblings after the issue of
avoid undue hardship/delay/denial
members,
of
rightful claim
unmarried
PPO: In order to
of
eligible family
it is clarified vide DP&PW OM No.1/6/08-P&PWE
dated
22.06.2010, that
(a)
in case where the eligibility of the above mentioned family members
occurs after the issue of PPO, the pensioner or spouse may intimate the
details/names
of such family
members
to the Pension Sanctioning
Authority and obtain acknowledgement.
(b)
in case where the pensioner or spouse has expired, the widowed or
divorced or unmarried daughter/parents/dependent disabled siblings can
themselves intimate such details to the Pension Sanctioning Authority.
36
(c)
However, the production
of an acknowledgement will not be a
pre-
condition to the processing of claim for family pension. Family pension
can be processed by the pension sanctioning authority even without such
intimation/ acknowledgement, if sufficient proof of entitlement is produced
by the claimant and all other conditions for grant of family pension are
fulfilled.
53. Family pension to chitdren when both Father and Mother are Govt.
Servants: lf husband and wife are government servants, when one of them
dies, family pension is payable to the surviving husband or wife. The children
are eligible for family pension in respect of both parents subject to the limits
specified below:
(i)
lf two family pensions are payable at enhanced rates, maximum amount
of both the family pensions shall be restricted to Rs.45,000/- per month.
(ii) lf one family
pension at enhanced rate and the other at normal rate, the
maximum amount of both family pension will be restricted to Rs.45,000/per month.
(iii) lf both family pension are payable at normal rate, maximum amount is
restricted to Rs.27,000/- per month.
54. Two Family pension allowed: Sub Rule
-
13A & 13B of Rules 54 of
CCS (Pension) Rules are omitted vide Notification dated 27.12.2012.
Accordingly, two family pensions are allowed where the pensioner drew
is drawing or may draw two pension i.e. for Military and or Civil employments.
37
55. Procedure for automatic payment of family pension for permanently
disabled children/siblings and dependent
parenh:
Considering the
difficulties being faced by the old parents and disabled children /siblings after
the death of pensioner/family pensioner, the following procedures are laid
down vide OM No.112712011-P&PWE dated 1.7.2013.
(a) Disabled children/siblins: The employee/pensioner/family pensioner may
at any time before or after retiremenUdeath of employee, make a request
to the Appointing Authority seeking advance approval for grant of family
pension for life to a permanently disabled child/siblings in terms of Rule
54 of CCS (Pension) Rules.
(b) Parents: A request for advance approva! to the grant
of family pension to
the parents may be made to the Head of Office.
(c) On acceptance of such a request Head of Office will immediately issue a
sanction order
ch ild ren/sib
(d)
Ii
for grant of family pension to
such
ng/dependent parents on thei r tu rn.
The names of permanently disabled child/children/siblings and or
dependent parents may be added to the PPO issued to the retiring Govt.
Servant. If there is no other eligible prior claimant for family pension
other than the spouse, no PPO need to be issued in such cases and the
family pension will be payable by the bank in the following order:
(a) Spouse
(b) Permanently disabled child
(c) Dependent parents
(d) Permanently disabled sibling
38
(e) Where there are other eligible prior claimants to family pension, the
names of permanently disabled child/sibling/dependent parents will be
added to the PPO issued to the preceding eligible family pensioner.
The Bank will start disbursing the family pension to the permanently
disabled child/sibling
or
dependent parents after
the death of
the
pensioner/spouse/other family members. On the basis of the PPO/revised
PPO approval of the appointing authority and the death certificates and selfcertificate for income.
ln order to facilitate the Bank to promptly sanction the family pension,
bank account may be opened for such children/siblings/parents and intimated
to Head of Office for inclusion in the PPO/revised PPO.
39
Annexure-1
Model Galculation - Superannuation
1.
Name
: ABC
2. Designation
3. Pay Band and GP of the post last held
: CAO
: t 15600-39100
GP < 7600
4. Date of Birth
5. Date of Entry in Govt. service
6. Date of Ending Service
: 01-11-1954
: 21-06-1974
: 31110/2014 AN
: Year/Month/Days
Service
40,04,10
(i) Total length of non-qualifying service
: 00,00,00
(Year, Month, Days)
(ii) Total Iength of qualifying service
: 40,04,10
(iii) Qualifying service in half years
: 81 SMPs (Restricted to
max. 66 SMPs)
8. Emoluments drawn during 10 months period
7. Total length of Gross
:
and those reckoned for calculation of Average
Emoluments
Pay From
Pay Upto
01-01-2014
01-07-2014
30-06-2014
31-10-2014
TOTAL
Pay in the
Pay Band+
Grade Pay
39550
40740
Pension
drawn
Retirement
Gratuity
a) Amount of Retirement
Gratuity (subject to max. of
( 10,00,000/-)
12. Details of deductions /
9. Average Emoluments for
10.Pay last
11. Emoluments for
Total
237300
1 62960
400260
: t 40026
: 7 40740
: < 40740 + DA (100%) 40740
: = 81480
: = 81480x66 = 1344420
:
4
< 1000000(Restricted)
:
adjustments
PAYABLE
Pension
: t 1000000
: SOYo of average
NET GRATUITY
13. Calculation of
emoluments
i.e. t40026x50% = 200'13
OR
pay
last drawn i.e.
5Oo/o of
7 4O740x5Oo/o
= 20370
whichever is more beneficial
40
a) Amount of monthly
pension
: ( 20370
admissible before communication
pension
c) Percentage / amount of pension
commuted
d) Commuted value payable
e) Reduced monthly pension
b)
Date of commencement of
:
01-11-2014
:
4Oo/o
=20370x40o/o= 8148
:
:
8148 x 12 x8.194 = 801177
:
On completion of 15 years
= 20370-8148 = 12222
after commutation
g) Restoration
commuted
of
portion of pension
: { 5001 p.m. or CHSS benefits
14. MedicalAllowance
DETAILS OF SPOUSE
:-
Name
Relationship with the Govt.
Servant
ABC
WIFE
Family Pension:L At enhanced rate
(a) 50% of pay last drawn
Date of Birth
1
8-05-1 957
:
or : t 20370
(b) pension authorised
: ( 20370
(a) or (b) whichever is less : upto 3111012021
'. < 12222 from 01-11-2021
ll At normal rate
30% of < 40740
Bank Account Details:BankAccount
Name
Branch & Code
BSR
No.
ofBank
No.
Code
Location
District
:
:
:
:
:
:
xxx
SBI
xxx.
xxx
xxx
MUMBAI
State
Pin Code
PAO
Head of Office
41
Annexure - 2
F&R.&,g
I
FGR.},q OF AFFLTC.AT{SN F'GR COh{h{U'[AT'{ON GF A
PERC E}iT,A.GE CIF FEh" SION IV{THGU T &?E &TCAL EXA&,ISNi ATTG}i
(To be subniitted in iir"iptricate afier retirement bi:t rvithin one year
of the date of reiirei:ier:t)
PART
i
To
Tire
(F{ere indicate the designation and
fi:li
address of t}re Head of Office
Subject:- Con-lmutation of pension rvithout sredical exarnimaticn.
Sir.
I dcsirc to commrite a percentage of my pensicn as lndicalecl belcrv in accordance u'ith the
provisions of the Central Civil Senices (Commutation of Pension) Rules. 1981. The ilecessary
parliculars are fllmished belorv -
1"
2"
3.
4.
5.
6.
7.
8.
9.
i0.
I
l.
Name (in tslock Letters)
Father's name {also husband's narne in the case
of a fernale Govemment sen'ant)
Designation at the time of retirement
Name of OlficeiDepartment/Ministry in u'hich
employed
Date of birth (by Ciuistian era)
Date of reiirement
Class of pension on rvhich retired
Arnount of pension atithorized. lln case final
amount of pension has not been authorized.
indicate the amount of provisional pension
sanctian under Rule 64 of the Central Cir.il
Sen,ices {Pension) Rules, 1972]
" Percenta-{e of pension proposed to be
commuted
Designation of the Accounts Officer who
authorized the pension and the No. and date of
the Pension Payrnent Order. if issued
rDisbursing
anthority for payment of pension -
(a) Treasury/Sub-Treasuly {Naure
.".
and
complete address of the Treasury/SubTreasi:ry to tie indica'red)
(b) (i) Branch of the Nationaiized Bank rvith
complete postal address
(ii)Bank Account No. to u,hich rnonthly
pension is being cledited each montir
(c) Accourrts OtEce of the
MinistryiDeparlmentl0 lEce
42
...
:
:
Sigirature
Place
Postal Address
Date
* The applicant shor.rid indicate riie percentage of tire amount of the monthly pension subject to
maximuin of ,1091o theleof i.r.hich he desiles and not ttrre amollnt in Rupees.
i Scole out which is not applicable.
PAR.T {tr
ACiL-NOIVLEDGE&{EF{T
Received from
Shri...
..(name).....
.. (fonrrer designatir:n) application in Part
i of Fonn I for the commutation of a percentage of pensir:n without medical exalninatiou.
Piace
Date
Signature
:
Head of Office
:
}{OTE. - This acknou,ledgement is to be signed. stamped and dated and is to be detaclted tiom
the Fonn and handed over to the app[cant. If the fonn has been received by the post, it i]as to
be acknorvledged on the same day and the acknowledgement sent rinder registered covcl".
Pr\RT
{lI
Fonvarcled to tire Accounts Officer.......
designation) rvith the remarks that -
(i)
{ii}
(iii)
(iv)
.(here indicate the adclress and
tire parliculars fuinished by the appiicant in Part I have
been verified and are coffiect :
the applicant is eligibie to get a percentage of his
pension commuted without medical examination ;
tlie courmuted vaiue of pension detemrined w'itir
ref'erence to the Table applicable at present comes to
Rs.............
the amorrlt of residuary pension aftel con-unutation
will be Rs...."....,.......,
2.
lt is reciuested that further action to authodze the palment of the arnount of commuted
value of pension may be taken as in Rule l5 of the Cenn'al Civil Ser.rices (Commutation of
Pension) Rules. 198L
3.
Tiie receipt of Part I olthe For:n has heen acknorvledged in Part II which has been
tbrwarded separately to the applicant on..............
4.
The cornmuted value of pension is debitable to Head of Account -----.
Flace
Signatu'e
Head of Otfice
:
Date:
43
,,
Annexure - 3
(]o;\,tN{U.l A.rIoN \IALI.]E FoR A P[.]NS|ON (}Ii
(lonrmutatiotl
virlttc
Agc
rucxt
birthtlav
c)(prci-scd as
rrunrber of
(lotunrtt t:rtiott
Age
rrext
1,:ll lt ('
birttrdal' cxll'cssctl :ts
nunrhct'of
ANNt]l\,1
Agc
ruett
( .ortrttttttittttltt
birthd:tr'
crglt't'.';sctl:ts
rtuurhcr ttl'
valuc
2()
9.lBit
4l
9.075
62
)'ear's
Durcltlst:
li.()el
lr
9.1 87
42
6l
7.e82
2l
9.t86
9.t85
+-)
(r4
().184
45
l.ii(t:
?.7i I
f')l
9.1 83
9.059
9.()40
9.()19
ii.()9(t
u.e7l
8.943
!'€itrrs
'purcltase.
!'eal''$
purcltase
-)
1
..1
')<.
44
65
(r(l
67
i.+.)
(r8
126)
I
l(r
e.t82
46
47
?1
9.1 80
48
8.9 r3
(r9
l8
l9
9.1 78
4<)
E.881
1(t
r'.(),\.i
(l.S() i
9.17(r
50
1l
(t
t()
q.t7l
5r
li.E.l(r
5.9{)ii
rl
9.1.69
52
8.7(Ij
jl
9.
t04
53
9.1 59
54
l-i
(t. )o
7l
.i
(
(r.l'1(,
1..t
t+
(r.()85
75
-5.871
7tt
5.(r57
55
5(r
8.5 72
77
5.44.r
57
8.5
rl
78
5
5ti
li.rt46
7r)
5.() I fi
_li
9.152
9.1 45
9.13(r
9.126
9.I l(r
IJ.7l4
8.678
8.627
.5q
8.171
3()
1(, 1'l
-t.(l
l-
l,)
9.t0l
(r0
E.]Si
8l
-[.(r I
4()
9.090
6l
8. tr)4
-1
-)
j4
35
^)o
?',
lte'l PliR
.l
l')
I
intcrcstl
IBasis: l.l(' (()4=9(i] tJltinrate Tablcs and 8'(]0*]f
.',
i -'r,
', r-l!1*;-,1;"1J
;irilii,i,)
r'
a rr(J-rr.,\'
',,9$'i,o'r\'
44
?
Annexure-4
GPF INTEREST RATES
1.
u.a4.2013
8.7%
2.
01.04.2012
08.80%
3.
u.a4.2011
08.60%
4.
01.04.2003
08.00%
5.
01.04.2002
09.00%
6.
01.04.2001
09.50%
7.
01.04.2000
11.00%
8.
01.04.1988
12.jQo/o
9.
01.04.1985
10.50%
(lncentive 1o/o for no withdrawal for
previous 3 years)
10.
01.04"1984
10.a00/o
(lncentive 1o/o for no withdrawal for
previous 3 years)
11.
01.04"1983
09.50%
(Balance upto
12
01.04.'1983
09.00%
(Balance above
13.
01.04.1982
08.00%
45
t
20,000/-)
{ 20,000/-)
@xure
Plto F*R}"{A
Fom of,application til be submitted b,v Pensioters tbr ertdorsetnent of particulai:s of spLruse t.lix.
post-retiral niarriage and children bom after retirement in tire PPO.
* . _
(To be fiileii in triplicate and s,,rbmitted to Head of Office, \vho processed pensicru papers initiai!-y-.i
Sir,
........
I aru to siate that I have marriedr'remaried on.....
beiou, the reqiiisite particuiars* ol m-y sponse for necessary etdorsernet'tt or: rt:iy PPO.
i also enclose -1 copies of passpori
i gile
size-fcir"rt piiotcgraph rvith my spouse duly aitested
fi:r
necessary action.
1,
Na'une of lire Pensioner {as recorded in PPO)
2.
Fuil present Address
3.
Date of Retirerneat
4.
(i) PPO l{o. ct Daie
{ii) Name of PPC lssr"ring Authorit-v
5.
Narne of 1lre Pensior: Disbursing Ar,rthoritl
6.
i.No
(i)
Station
{il)
Treasury,/DPDO,'PAO/PSB, as the case may ire
(iii)
Bank Branch
u,it-l-r
fuli Address and SBICA/A;c. No.
(a) De tails of family (as recorded in PPO)
Name(s) and Adddess of members
famiiy
of
Relationship
Vlariial
with
Status in
the
Pensioners
case
of
daughter
(b) ilihe application is for inclusion of post retiral
spouse, the date of deattvdivorce of the prcvious
sporise (Attesteri copies of ileath ce$ificate,'divcrce
decree to be enclosed)
1
.
Partlculal of spouse from post-retiral marriage
-
46
\trtiethei the
childl
Children
ph,vsically
handicaored
-
S
8.
(i)
Nante
{ii)
Date of n-larriage u,ith the pensioner.
iPiease attach attested copy of r.narriage certif-icate)
(iii)
-loint Pliotosraph of tlre pensioner and the spouse
refened to ar Item (a) above duly attested.
Pafiicuiars ol Children bom after retirement
lnd
S.
Namets)
No
post i-r'riral famiiy
rrddrc:s
ol
Relationship
with
the
Date of
Whether the Child (ren)
Birth
are physically handicapped
pensioner
9.
Verificaiion
tr
certify that the particulars furnished above ale coil'ect. Attested by
Signature ofPensioner
(il,ith naure in Block letters u,ith address)
1.
Sigrralure
Place
Name
Address
2.
Date
Signature
Name
Address
47
:
rsi
Annexure - 6
LIST
sl.
No.
Address
Name of Bank
BANKS
CENTRES
CENTRAL P
Phone/Fax No.
0522--2286 6378
Asst. General Manager
1
Allahabad
Bank
Centralized Pension Processing Centre
0522-2286489
3d, floor, Zonal Office, New Building
Mob. No.9956277766
HazratGanj, Lucknow
cppc@allahabadbank.in
Pin-226001, (UP)
040-24757153(Fax)
Senior Manager
Head Office
2
Andhra Bank
a40-247s7828
Centralized Pension Processing Centre
Andhra Bank Building
Mob. No.0666{49852
Sth floor, Koti, Sultan Bazar
Hyderabad - 500195 (Andhra Pradesh)
Axis Bank Ltd.
Centralized Pension Processing Centre
3
Axis Bank
abcppc@andhreEatk.Sg.Ut
Debraj Saha(AVP)-01 1 -43506532
PH
: 022-24253687
I
27
1
31
263
Settlement Cell, 4th floor,
Gigaplex Builidng No.1, Plot No.l.T.5,
Airoli Knowledge Park, Airoli,
cpu.pension@axisbank.com
govt.business@axisbank.com
Navi Mumbai - 400708
01 1 -23441
The Chief Manager
355, 23441 348, 23441 347
Fax : 01 1-23441343
13th floor, Building 16,
4
cppc.telecom@ban kofbaroda.com
Bank of Baroda Parliament Stret,
cppc.delhi@bankofbaroda.com
New Delhi - 110001
ob.del hitobankofbaroda.com
022-66684471150
Chief Manager
Fax-022-66684494
Centralized Pension Processing Centre
5
Bank
of
lndia
87-A, 1st floor, Gandhibaug,
PH : 07 1 2-27 64341 127 64091 -95
cppc.naqpurl @bankofindia.co.in
ho.qbd@bankofindia.co.ion
Nagpur,
Maharashtra - 440001
headoffi ce. ssy@ba-!-kof! ndta€oi-E
020-24467937138
Dy. General Manager
6
Bank of
Maharashtra
Centralized Pension Processing Centre
9850434779
1177, Budhwar Peth, Janmangal,
Bajirao Road, Pune(Maharashtra)
boml
vi n ita.va
Pune - 411002
48
407
@mahabank. co.in
idya@ma h aba n 8.c9.ln
080-25596693
Sr. Manager
Canara Bank
7
Canara Bank
080-25580778
Centralized Pension Processing Centre
86, Spencer Towers, Sth floor,.
cooctOcanarabank.com
M.G.Road, Banglore (Karnataka),
PrN - 560001
022-22703216117
Chief Manager
Centralized Pension Processing Centre
8
Central Bank of Central Office, 2nd floor,
lndia
Central Bank Building, M.G.Road,
FAX - 22703218
cmcppc@central bank.co.in
cooc(@central bank.co, in
Hutatma Chowk, Fort,
Mumbai - 400001.
0824-24414251
The General Manager
Corporation Bank
9
Corporation
Bank
2426532
Centralized Pension Processing Centre
9818244077
Pandeshwar, Mangaladevi TemPle
hooovtt@corobank.co.i n
Road, Post Box No.88
Manqalore - 575001 (Karnataka)
hopension@corPbank'co.in
022-22690tr9112
Asst. General Manager
Gentralized Pension Processing Centre
10
Dena Bank
Mumbai Main Office, lstfloor,
obd(Odenabank.co.in
cppcdena@denabank'co.in
17-8, Horniman Circle, Fort,
Mumbai - 400001.
01204894258159
Dy. Vice President
11
H.D.F.C.
Centralized Pension Processing Centre
su rai.tiwari@hdfcbank.co.i n
1st Floor, A-lll, Sector4
oension hel pdesk@-hrlfE[agf, 'cs!0
Noida - 201 301 (U.P.)
lClcl Bank Ltd.
8527690537
Centralized Pension Processing Centre
12
lClCl Bank
lGlCl Bank tower,
Chandivali Farm Road, Powai
Mumbai - 400072.
Ms. Pradnya(Mgr)-022'66908489
Asst. General Manager
Centralized Pension Processing Centre
PH:022-66908405
lDBl Bank Ltd., Govt.Business Operations
13
IDBI
Unit No.2, Corporate Park
oradnva.mandhare@idbi.co.in
Sion Trombay Road
bp.Patil@idbi.co.in
Near Swastik Chambers
v
Chembur, Mumbai - 400071'
49
acharya@idbi.co.in
044-25210317
The General Manager
14
lndian Bank
Centralized Pension Procsesing Centre
66, 4th
15
25231756125231757
floor, Rajaji Salai,
chennai {Tamilnadu) - 600002
cpqc@indianbank.co.in
Chief Manager
044-28889383/28889384
Centralized Pension Procsesing Centre
lndian
Overseas Bank Central Office, 763, Anna Salai,
Chennai (Tamilnadu) -
2851 9433
cooc(Oiobnet.co.in
6Q!q9?o 1 24
The General Manager
41
26379 (AG M) ( FAX)
Centralized Pension Processing Centre
16
4126527(DGMI
Oriental Bank Oriental Bank of Commerce
of Commerce Corporate Office, Plot No.5,
01244126248
lnstitutional Area, Sect-32,
Gurqaon (Haryana)' 1220!1011-882692744
Dy. General Manager
Centratized Pension Processing Centre
1st Floor, Gurudwara Road, Karol Baug,
17
28751702 I 6703
Punjab
287s7840(FAX)
Delhi - 110008.
National Bank New
cppcdel@onb.co.in
hoqbd@pnb.co.in
bo4421(donb.co.in
18
Punjab & Sind
Bank
H.O.P&DDePartment
Centralized Pension Processing Centre
o11
-2527 1 585125281 21 0
cnoc@Psb'co,in
A-25 (First Floor) Community Gentre
Jwala Heri, Paschim Vihar
Now l)alhi - {'l 0063
Chief Manager
19
Pension Processing Centre
State Bank of Centralized
Bikaner &
State Bank of Bikaner & JaiPur
Jaipur
0141-222775815172259
cppcipr@sbbi.co.in
2nd floor, S.M.S. HighwaY
sbbi10016@sbbi.co.in
Jaipur - 302005 (Rajasthan)
o
Dy. General Manager
40 -23387 41
4 I 2338288 1
-882
Centralized Pension Processing Centre
2A
State Bank of
1st floor, Methodist ComPlex,
Hyderabad
Opp. Chermas, Abids,
Fax-040-23387562
cppc-hvd@sbhvd.co.in
Hrrdarahad-O1
0824 -221 617
Genera! Manager
21
Centralized Pension Processing Centre
State Bank of
Manjusha Building, 2nd floor, Bejai,
Mysore
Mangalore,
Karnataka - 575004
50
3 I
22',1
41
7
3
22',18775
Fax-2215173
0175-23028171
General Manager
I
State Bank of Patiala
State Bank of
Patiala
22
228332212280272
Centralized Pension Processing Centre
2280448
rPlot No.l14. Urban Estate
Fax-2201144
I
Phase-ll, Patiala' 147002, Punjab
I
!nfocppc@sbP-co'in
94460671 36/
Centralized Pension Processing Centre
23
State Bank of
Travancore
State Bank of Travancore
0471-2326525
Chembikalam Buildings
0471-2324217
cooc@sbt.co.in
3rd floor, Vazhuthacaud
I
lTrivandrum - 695014
0820-2575402
Asst. General Manager
Centralized Pension Processing Centre
24 Syndicate Bank Central Accounts Dept, Syndicate Bank
2nd
floor,
257119612574075
svndcPPc@svnd icatebank'co.in
HO: ManiPal
Karnataka-574104
General Manager
25
UCO Bank
033-44557964
UCO Bank, CPPC DePartment
Fax-033-44557352
Mint Road, NagPur '444000
\.
Mob.07387226663
022-228966771781
3hief Manager
22020242-/RJ'
Centralized Pension Processing Centre
22896600t22838824
Government Banking Division,
nkramachandran
PBOD, 12th floor, Union Bank Bhavan
26
Union Bank of
239, Vidhan Bhavan Marg
lndia
Nariman Point
@unionbankofindia'com
qovtbusiness@unionbankofindia'com
puneetrai@unionbankofindia'com
Mumbai - 400021
bansal@unionbankofindia'com
cppccivil@unionbanko
033-22622549
Chief Manager
Centralized Pension Processing Centre
27
Fax-033-22422196
United Bank of 4th floor, Head Office-11,
lndia
22133217
Hemanata Basu Surani,
Kolkata - 700 001(West Bebgak)
homail@unitedbank'co.i n
cmcppc@unitedbank.co.in
080-25584644/066
Sr. Manager
Centralized Pension Processing Centre
28
Vijaya Bank
cmm bd@vi iavabank.co.i
Merchant Banking Division,
7th floor, Head Office, 41l2,M'G. Road,
Trinity Circle, Bangalore - 560001
m
r
bddgm@vi iavabank.co'i r
mbd.pension@viiavabank'co'ir
mobi lebankinq@viiavabank'co'ir
51
079 -23245s11 - 15
General Manager
State Bank of lndia,
Gandhi Nagar Centralised Pension Processing Centre
(Gujarat)
6th floor, Gandhi nagar Zonal Office
Opp. New SachivalaYa, Sector - 10'8,
cmcppc.zoahm@sbi.co.in
General Manager
State Bank of lndia,
Banglore
(Karnataka)
Centralised Pension Processing Centre
12t13, LakshmaYYa LaYout'
cppc.banqalore@sbi.co.in
Ganganagar (North)
Banqlore (Karnataka) - 560024
075542067 45 / 2600836 / 37
General Manager
State Bank of lndia,
Centralised Pension Processing Centre
Bhopal(M.P.)
Gavindpura Branch Premises,
Govindpura, BHEL,
Near Working Women's Hostel,
Bhopal (M.P.) - 462011
General Manager
Stdte Bank of lndia,
Centralised Pension Processing Gentre
Bhubaneswar
(Odissa)
067 4-2s72950 (FAX )
1611162, CSD Building'
t 2572170
Bomikhal,
cmcPPc'zobhu@sbi'co.in
Puri-Cuttack Road
CentraJised Pension Processing Centre
Panchkula
(Haryana)
Administrative Office Building,
2nd floor, Plot No.1/2, Sector - 5,
0172-4569231 I 2570755 ( FAX
)
Panchkuta (Haryana) - 1341q9044 - 23772754 / 55 / 50 (FAX)
General Manager
State Bank of lndia,
Chennai
Centralised Pension Processing Centre
11214,
Kalimman Koli Street,
Virugambakkam, Chennai - 600092
52
9445865707 (AGM)
9444441634 ( Manager
)
General Manager
23888324, 23888301 (AGM)
State Bank of lndia,
35
New Delhi
Centralised Pension Processing Centre
SBI Chandani Chowk Branch Premises,
23888327, 23888309 I 302
2nd floor, Chandani Chowk,
Delhi - 110006
sbi.04475@sbi.co.in
General Manager
PH:0361 -2463104
State Bank of lndia,
36
Guwahati
(Assam)
Centralised Pension Processing Centre
6th floor, SethiTrust Building, G.S.Road,
9869451442
Bhangagarh, Dist - Kamrup Metro,
9435309683
Guwahati (Assam) - 781005
cppc.zoquw@sbi.co.in
General Manager
State Bank of lndia,
Centralised Pension Processing Centre
37
Hyderabad
1171387, GNR
Heights, 1st floor,
040-27 67 01 49 ; 27 61 01 48
Murshidabad Main Road,
Op.p. Guru Nanak Care Hospital,
sbi.04472@sbi.co.in
Hvderabad - 520020
General Manager (NW-1)
PH :033-22570827
State Bank of lndia,
38
Kolkata
Centralised Pension Processing Centre
2nd floor, 83-1/A, Vivekananda Road,
Kolkata (West Benqal) - 700006
sbi.04473@sbi.co.in
General Manager (NW-1)
PH:0522-6542211
State Bank of lndia,
39
Lucknow (U.P.)
Centralised Pension Processing Centre
AGM (Mob.) -941s220752
Near Sahara State, Sector - 1,
Jankipuram, Lucknow (U.P.) - 226021
0522-27350752 I 742;
27350762 (FAXI
Chief Manager
022-41613200/3208
(fax)
State Bank of lndia,
Centralised Pension Processing Centre
40
NaviMumbai
27580963
Ms. Alka - 8454047004
5th floor, premises no. T-651 &T-751,
l.T.C.Belapur,
cppc.m um bai@sbi.co.in
CBD Belapur Railway Station Complex,
Navi Mumbai - 400 614
53
\
General Manager (NW-1)
0612-26775701645
State Bank of lndia,
41
Patna (Bihar)
Centralised Pension Processing Centre
floor, Administrative Building,
sbi.04476@sbi.co'in
Dy. General Manager (NCM-1)
0471-2326986187
State Bank of lndia,
42
Kerala
ised Pension Processing Centre
cooc.zotri@sbi.co.in
Thiruvananthapuram (Kerala) - 695014
54
Annexure
44.
ANNEXURE.XVII
(See para 15.1 Page 1l)
LIFE CERTIFICATE
(lo be submitted by
Pensioner once a year in November)
certifiedthatlhaveseenthepensionerShri/Smt./Ms
holder of Pension Payment Order
No.
(Name of Pensioner)
and that he/she is alive on this date.
Name
Place:
Designation of Authorised Officer
Date:
Seal
55
'7
i'
Annexure - 8
J
*sverfim*nt of Enejie
Mi*istrY *f Fin*n**
**Pertr:t*mt *{ HxP*sldituc-*
{er:tr*i Fensisr: &ee**::ting *ffie*
T"rike*t*E3. &?"tikali {ema F$eee
F{*w *elffit
{F&& jEeahl Gni*v*
;?€*Svi 3S
3*-
Ag
I
:.!t)-'1
SB 1
..:l::: .:.r..:,
Ta
i G*:-reiai i"1a riaqer
l.iccai ciiicer
Ari
g!gss"3.#i
t6 F*ra e5,? { F-tl *f Sci'ls*:t* ffi**ki*tet* fdit!+n'
m**.e**e}*S".*b::tiss!c'r:*fLlfeCertif:*ate-regerriir:g
S,-:i:;eci: S,nr*nqln:erTE
3'd
foi- suk''misEi*n of
Reierenre is invile,i tc Fara 15.2 0f scheme Bcoklel
t': iaciiitaie
iiie cri-lific=Ie i;'l l!*vernber each yeer 5r7 the pensii:ne:" in *r-der an:end*c
l':
is
being
15,2
Pai'a
peirsicners,
by
su*mission cf Ljfe cs€ificat*
a9
rea'j
ne
ic
lnciude prcvisii,-nS *f Rule 343 cf, ce;-;iral Tr*a:r;ry R'';icsr,c;R)
?ara i5.2ir;
ParaL52i,islates:
,-^--ir^^r,^-*
l*i'r':"i in
A **nsi*;r*;" v,,h* pao{ilJC*s * iife c*riifi;at* ir: ih* pr*s*:-ibed
!rfiivevei"' is exernpieci
Arir:*Xr:re *XVll siSn*cI by ar:,r: p€rscil specifi*d her*i";nder,
fi'on: persc:iai apPearance- -
iilApei'scnex*rcis!ngthefe)+ierscfal-'4agisirateund*rlhe
Crirnin*l Pr*cedure cnde ;
(ii) A Regisirar ar Sub-Regislrar appointsd un*e:' lnciiai': R*grstrati*n Acl;
G*vern;:ient se:"vant;
{iii) A Gazetted
--,^.- ,- *chaig* r.i
p,.--rtic* Officer *+t b*icy.r the i'a::i< cf 5ub-ins*eclol- i1i ^k--*.r oi a
A
i;ri
Fo!ice Slati0n;
(u-ii A f-iass-I offlrer *f the Reserl,e *ank cf Inciia, ar: afficer- (inc!ucling eraiie
iI oflic*t-i *f th* 5t*te Sank- of indra *r al iis s''tbsidiary; the psrvers cf a
{viil *. pe:rslcndd *ff;i*r wh*, before relir*merii. exeriiseci
magisfrate;
A iusiire of P*ac*;
(viii;
'ii=lAtsiockDevel*pm*ntCfficer,{tlu;"::if,T*hsiidai"cr.
ir:' .A lieacj *f Viilag* Fenchay*t, Gran"r Fa*chayai'
i
xii
fxecui:ve C*r*mjttee *f a Viiiaqe;
A l'4tn-:ber *i Farlia:irei:t. cf State ieglsi*ir-ir*s
-i
ra l o n s'
e r-i i,-: ry G * r,' * rn m e n t s i Ad ; n n s i
r-
(xii)
!
i
+;"
tJa
i
i:
"3--*
!*r
si i d a
i''
;
Ga*n FanchaYat oi-
cf
ai.l
legrslatu;-eS Cf r. rnion
i
Treasur'1r Clfficer.
'ffi=1
in the ca5€r:fapens!+n*rd;'*uvinghispensi*r'':l*rougi-railui':lic
P*i:iic
$ect*r Ear-rk i*e iife c*rLiiicai* may be l:6n*'* b"; ai: *ffjce;" cf *
S*ctar *ank. Inth*casecfap*nsiun*ri-e:icling'=br'**iias:ddr"axin!
hi: pensiol': thr*ugl"r '=ni: *iher bani< lnci*rJe* in i:ir* **cor':* Slhedi;i*:
56
.l
_.-r,
io ihe F.e.sene Bank fit'India Act, lgl4. lhe lifr ceriificf,iil nray h:e srgni:rl by arr
officr,:r of lhe Bank, A pensioner qet exempli".il'r fr*m persr:nal appearance
subjcct to producticn of Life Certiiicate signecJ hy lhe abo,rs nrenti*ned officer
c,f tl-tr: ban k.
A pensioner not resident in India in respect oF rryhom his ciuly
authorlzed agent produces a life certificate signe<i by a Magistrale, a Nolary, a
Bar"rker or a Diplomaiic Reprg59n63tive of India is exempteci frorr sperial
a
ppears nce.
iir:c
"lhe cori.enls cf
20il,I
)
ti-rt,r
Para L5.1 iP- Ll rf Srhein*
slanrJs unalierecl
B,:-,ckii.ri .xir'
'l,iiiicn, 3
il is reqi.resleLl that rriCe pr_i biiciiy ancl cir-ciLiaiicn i-li: gi',,en li: alt
:j O i y.; u r- ba n k l'l; i- t.i Ct CO rrr p a n Ce.
'J t-a r.' C i't e
S
'
.
t-he
Ii
Tiris [ias thr concr.trrence cf S/O Controller General of Accounts
vicle uts {J.0.No.t.(7}(4)lzOt */TA/t.?1 dared t$il, A,prit }oL:t" anci .O,
r{c. 1 { 7 } I CPAO/Schenre Book/ 2CI05/TAl 254 dr. eg.o6"Zs 1 1
t-,1
"
"
1
(H.Atheii)
0c/.
ffi
57
{$ntrolIer of Accounts
Annexule - 9
:
Process of getting digital life cerlif icate i!sued for Pensioners
digital Life certificate
Srep 1 : Pensioner needs to have an Aadhaar number for BettinB
issued.
himself/herself using one of
Step 2 : Pensioner needs to enrol and biometrically authenticate
the following methods
a)
from
Download application prepared for generating digital life certificate
jeerranpramaan,gov.inonanvAndroidTab|et/SmartphoneorV/inco.',;sPC.
market and plu6 it
Procure a low cost finger print scanner/iris scanner frorn the
onUSBportoftheTablet/Smartphone/PC'Usingtheaboveapplication,
pensioner will be abte to enrol and bio-metrically authenticate in real time from
other detalls
the comfort of their homes by giving his/her Aadhaar number and
related'to their pension bank account'
b)
Government office
Pensioner can visit a nearby cSC center, Bank Branch or any
jeevanpramaan.gov'in a'nd
whose details are provided under "locate cente/' orr
authenticate in real time by Eiving his/her Aadhaar number and
bio-metiically
other pension details related to their pension bank account'
c)lfthepensionerisalreadyenrolledontheSYstem,nexttimehegiveshis
his bio-metric for
Aadhaar number, he would only be required to authenticate
updating date of his digital life certificate'
pensioner will be sent d ims on
step 3 : After successful submission of digital life certificate,
to download
his/her mobile giving the transaction ld. Pensioner will be able
using this transaction
cornputer generated life certificate from jeevanpramaan-gov'in
id for their records.
Step
4:
life cenif icate in one
Bank Branch can be fnformed about submission of your digital
of the followlng waYs
a)
for
Bank can login on ieevanparmaan-gov.in and.can search mantrally
pensione/s life certificate eithdr by giving AadhEar number, Bank Account
b)
number or Transaction ld
life
core Banking Systems of Banks will be abte to automaticallY download
update life
certificate details frorn the digital life registratlon repository and
status in Pensione/s bank account'
c)
pensioner's dtgitat Life certificate can be sent to ieSpective branch of the Bank
bysendinganemailorforwardingthelinkthroughsmstodownloadlife
certificate from the website.
on
Reminders through sms will be sent to the pensioners enrolled
jeevanpramaan.gov.in for timely submission of their digital life certificates'
58
Annexure - 10
SFffifiIffiEN LETTER
*F
ijruOEF-T&Ki&*G BY THffi PHNSiCITER
Date
To
The Branch Manager
{Banki
(Branch & addressi
Dear Sir,
througlr your ftank.
Payment of pension under AJC No.
ln consideration of your having, at my request, agreed to make payment of pension
due to me every month by credit to my account with ycu, I the undersigned agree and
undertake to refund or make good any amount to which I am not entitled or any amount which
may be credited to my account in excess of the amount to which I am or would be entitled- I
further hereby undeftake and agree to bind myself and my heirs, successor, executors and
administrators to indemnify the bank from and against any loss, suffered or incurred by the
bank in so crediting my pension to rny account under the scheme and to forthwith pay the
same to the bank and also irrevocably authorise the bank to recover the amount due by debit
to my said account or any other account/ deposits belonging to me in the possession of the
bank.
Yours taithfully,
Signature:
Name:
Address:
Witnesses:
r1)
Signature:
(2)
Signature:
Name:
Name:
Address:
Address:
Date:
Date:
qo
Annexure - 11
FORVI 5
rtles 59 ( 1) (c) & 6lt i )l
iAlso see nries 5 (2). 12. 13 (3)" 1-tr ( i l iin{i l5 (3) olCentlal Civil Ser-l'ices: {Commutitticn o1'Petrsioni }iulesf
See
te81l
Particuials to be obrained
the date of his retirement
Head oi Ofiice fi'otr. tlie retiring Govt'nuueui sci.i'ant sir rnrr:rths
b,v the
befot
1. Name
2.
(a) Permanent Account Nuurber fbr lncome Tax {PAN)
(b) Aadhaar No., if available
3. Speci$ a fe,,v marks of iclenti{ication, not less than two, if possible
(i)
(ii)
4. Height
5.
Address after retirement/penlanent address for future correspondence:
6.
tsank Accorint lr[o. to .,vhich pension is to be credited:
(Joint account, either or survir,'or, rvith the spouse)
(ln case tire Head of Office is satisfied that it is not possible for the retiring Govemment servant ic
open a joint account for reasons beyond lris/her control, this requirement may be relaxed).
7. Name olihe Branch of Banii through which pension is to be drarvn
(a)
(b)
BSR code of the branch
IFSC code ofthe branch
8. Indicate whether farnily pension is also adinissible from any othei' source
Govemment and/or a
or a State Goveniment -
- Militarv or State
Public Sector Undefiaking/Autonomous bodyil-ocal Fund under the Centrai
to conxrrute .. ",/" {up to 409ui,) of my superannuation pension in accordance u:ith thc
provisions of the Central Civil Seryices (Commutation of Pension) Rules, 1981.
9. i desire
I atr arvare that frtu?e good conduct of the pensionerlfamily pensioner shall be an iilplied
condition for every grant of pensiorllamily pension and its continuance.
Enclosures as per checklist are
enciosed.
Signature:
Designarion:
Place
:
Date:
MinistrylDepartment/Office:
I\lobile No.:
Email iD:
Note 1: Commuration of pension is optional. ltem 9 rrray be siuck off if the retinng Government serr,'ant
does not desire to com-mute a percentage of pension.
Note 2: A separate apphcation for commutation of superannuation pension in Fonn I -A of Central Civil
Services (Coumutation of Pension) Rules, 198 1 is required to be submitted in case the tetirir:g
Govenrment senant desires to apptl'for Commutation of Pension after submission of this fonn but
three months before retirement.
Note 3: It is in ihe itterest oltire Gcvenrment senant to pror,ide E-mail ID anrl \4obile number, ',lhich
fbcilitates futrire con espondence.
AA
Check List of Docriments to be submitted alor:g r,vith Form 5
S.No.
Description of documents to be enclosed
1.ta)
Trvo specimen siglratLrres (to be fumished in a separate sheet)
Whether
enclosed
(b)
Additional infbrmation (Only
in
case
of an iiliter"ate or disabled
Govenrnrent ser^vant.):Two slips each bearing the lett hand thumb and finger impressions diiiy
attested may be furnisired l:y a person ra,ho is not literate and cannot sign
iris name. If sticir a Govemmeilt servant on account of physical disabiiity
is unable to _qive left hand thumb and finger impressions he may give
thumb and finger inrpressions of the right iiand. Where a Govenunent
servant has lost both rhe hands, he inay give his toe impressions.
Impressions should be duly attested by a Gazelted Government seriiant.
2.
Thlee copies of passport size j oint photograph with wife or husband.
Where it is not possible lor a Govemnlent servant to submit a photograph
with his r,vife or her husband. he or she may submit separate photographs.
The photoglaphs shall be artested by the Head of Otfice.
Thr-ee copies
of
passporl
childlsiblings/dependent parents,
Head of OfIice)
if
size
photograph
of
disabled
applicable. (To be attested by the
J.
Details of the farnily in Form 3.
4.
Undertaking in Fomr 26, for tirose who served in Secutity-relared or
Intelligence Organisations refemed to in rule 8 of the CCS (Pension)
Rules. 1972
5.
Written statement for coiurting
if
6.
of
period of service under rule 59(1) (a).
any
Underlaking for reiunding any excess payment made by the pension
disbursing Bank
ibr
granriry, CGEGIS and GPF itr Corun,rn Nomination
7.
Nourination
Fonn
8.
Nomination tbr arrears of pension and cornmuted value of pension
appiied for commutation of pension) in Common Nomination Form
61
(if
Annexure - 12
retiring Govt. Servants
ACTTVITY
DUE DATE
1.
Verification of qualifying service and
issue of certificate (Rule 32)
2.
Preparation of list of Govt. Servants
due to retire within the next 12 to 15
months (Rule 56).
Preparatory work on pension papers
(Rule 58)
retiring Govt.
Furnish
Servant a certificate regarding the
length of qualifying service and
emoluments/average emolu ments.
(Rule 59)
Direct the Govt. Servant to furnish
reasons for non-acceptance within 2
months
retiring Govt.
Foruvard
Servants form 5 for comPletion and
return (Rule 59)
Completion of pension papers Part1 of Form-7 (Rule 60)
Forwarding the pension PaPers to
the Accounts Officer (Rule 61)
lssue of P.P.O. (Rule 65)
On completion of 18
years of service and 5
vears before retirement
1't January/1" April/
1"t July and 1't october
SL.
NO
3.
4.
5.
6.
7.
8.
to the
to the
Head of
Department
Head of Office
One year before the
date of retirement
8 months prior to the
date of retirement
Head of Office
6 months prior to the
Head of Office
date of retirement
Head of Office
4 months prior to the
date of retirement
4 months prior to the
date of superannuation
One month before the
date of retirement
lntimation to the Directorate of Estates
for issue of NDC in respect of period
preceding 8 months before the date of
retirement. (Rule 57)
10. lntimation regarding recovery of
Licence Fee from allottee in respect of
the period prior to eight months of
retirement (Rule 7 2({1)
11. lssue of No Demand Certificate
(Rule 72X7)
9.
AUTHORITY
RESPONSIBLE
Head of Office
One year before
the date
of
retirement
2 rnonths before
the date
of
retirement
Head of Office
Accounts Officer
I
I
I
I
I
from the actual I
date of vacation of
Govt.
I
I
oz
Directorate of
Estate
I
t /ittrin 1+ days
accommodation
Head of Office
I
I
I
Directorate of
Estate
Annexure - 13
I
PRG FCIRMA
Rule 10 I
see Decision(Z],
Subiect :- Restcration olcomtnrited poilion of pensions after i5 years Impiementation of the judgment of the Supreme Coul't.
Sir.
Kindly restore my cornmuted portion of pension in terms of Ministry of Personnei. Public
Grievances and Pensions. Department of Pension and Fensioners'Weifare, O.it4. No. 34.2186P. & P.W., dated the 5th h4arch. 1987.
1.
Requisite pafiici:1am are given belou,I{ame in Block letters
2. Date of retirement
3. PC,PPO NO,
4. Amount of original pension
5. Amount of pension commuted (if any)
.u' Nanre of the Acconnts Officer, r,iz., the authorit.v r,vho
,
issued PC/PPO
Name of the TreasuryiPosi Office/PP&{r'othei: pension
disbursing agency
Signature of Pensioner
Date:
Postal address
:
Particulars verified.
Signatr:re
Rubber Stamp of
Pension Disbursing
Authority'
63
Annexure - 14
l1
THF- C;\ZETTE OF INDi;\ : EXTRAOITDIN,{R1'
"FORr,t
lP,\Rr
ll-Sr,..
.1ii)l
3
i5-.: rul*.tj 1l:)j
*si;ii ls,:ri Fii:r-lih'
i.
).
3.
-1.
Naine of the Gorenli:ii':1t -i.i1'aitt
DesigraLirn
Date of birth
Detaiis of iirt" r-nembers of llurtili'
Nii:.tres
S.
\o
ol the
ol tirmill'
menbeLs
Date
oi
as
on-----------------------:
Reii,.tionship
Marital
rvith the
sliitus
birtir
Renraiks
otTicer
l
t)
i
(5)
(4)
_1\
Dated
signaiule
ol Head
of Oitlct'
i
al
)
(7)
1
1..
-1.
4.
5.
6.
1.
8.
9.
10.
I
hereb,r,undenatr<e
ro keep rhe above particulars up-to-date b1' notilfing 10 the Head L.f thi
Oltiie anr ltlditi;.n oi rirelrtion.
Signature ol Govemtnent ser..,ali
Place
:
Date
:
Note 1., The or-iginai Form submitted b-v the Government. seiy,lnt is to L'e retained. All
additionslalterations are to be recorded in this Ft:nn under the signature r.rfHr-ad olOflice in Clol 7. No
nerv Form u,ili substitute the original Fonr, Horvcver- the rctirins Covel:rment. seiTant should subnit
the detziils oi iamiiv afresh along rvith Fon-n
5^
- The dstails of spouse. all children and parsnts (u'hether eligible fi'rr fiur.iiil' pension or noti
and disabied siblings (brothers alrd sistels) niay be givenNote 2,
Note 3. - Thc. Head of Office shall indicate the date of receipt of communication regadin-q addition or
alteraiion in the firmil-v in the 'Remarks' column. The lact regalding disability or change of marital
status of a far.lily member should also be indicated in the 'Rernarks' column.
Note.1. - Wif'e and husband shall include judicially separated
64
u,itt
and hushand.
Annexure - 15
.l
THE GAZETTE OF INDIA:
(')
FXTRT\ORDINARY
[Pnnr
II-Sac. 3(il]
FORh,I 14
[See rules 77 (3) anct 81 (?)J
Form of application for famil3' peusioll on de;lth of a Covernmeni servailllirensiolterrtrnlilr' trttlsii,l:ci'
1 {i)
.
(ii)
{iii)
(iv)
(v)
2
l{ame of the Got,errimenl sei'Yant in resped cf
whom taraiiy pension is being claimed
OfficeiDep:utnte*t/illinistry sen ed last
Date of retirement of Govertinenl servant
Date of death of Goventment sen antipensroner/
fanrill pensioner
PPO No. of Government sen antlpensionei/
famiil pensitiner
claimant-
Name and other detaiis of
Relatioirstrip with
the deceased
Governme*t servant
of
birth
Name
Date
Postal Adciress
3.
fn case the claimant is minor or sufferin-r fron: disoi'der or disabiljty of mind, includiir-q menial
retardation, detail s of guardian/nominee, wherer,,er applicable-
of
birth
Name
Date
i,vith Relationship
u,ith
minoil
Relationship
the
mentaliv
disabled
.iai*arrt
Postai Address
the deceased
Govenunent
ser\/ant
4.
Details o[ surviving u,idorv/u,idower, chiidren. dependent palents antl disabletl siblings o1'the
deceased Governrlent ser\rant / pensioner ale enclosed in Form 3.
5. Account No.,
nan-re and BSR code
of Branch of Bank to which family pension is to be credited:
6. Other source of family pension - h,{ilitary or State Government andlor a Public Sector Undertaking/
Autonomous body/Local Funp under the Central or a State Government, if an1'-
I am aware that future good conduct of the claimtrnt/famiiy pensioner shall be an implied conditiott
for every
-qrant
of famiiy pensicin and its continuance.
Encl: As per the check-list.
Signature or left hand thumb impression of the claimant/guardian
tuIobile/Telephone No.
Permanent Account Number tbr Incorne Tax (PAN).
Aadhar No.,
Signatures of
t*'o
\tr/itnesses w'ith names and
full
if avaiiable
addresses:
(i)
(ii)
Note: Form i4 is not to be tilled if the spouse had a ioint account with the deceased pensioner. In such
cases, family pension shall be alio..red by the Pension Disbur'sing Authority on the basis t--f an
on
plain paper. The permanently disabled chiidren/siblings and depenilent parents ro
in the PPO of the pensioner will submit this Fonx to ihe
Pension Disbursing Authority.
application
r.r,,hom tamii.v* pension has been authorised
65
tqTr ll-ra',]s
I ii)l
allId
El
{I-d'q>l
Cireck List of Documents ro be subnlitted u,ith Fomt
1
:
3I{lTEf{-u]
l4
Turo specimen signatures cf claimant (ro be furnishecl in a separate sheet)
dlliy attested by a Gazetted Government servant.
(Tlvo slips each bearing the leti hand thurnb and finger impressions duly
attested may Lre iurnished by, a person who is uot literate tc sign his name.
If such all on aL-count of physical
disability is unabie to give reft hand
thumb and finger impressions helshe may give tlrrinib anci fin_eer
impressions of the riglrt hand. where a Government servant has lost both
the irands. he/she may
-eir,e toe implessions. Impressions sirouki be ciuiy
attested
b1,'
a Gazetted Gor.enlment servant.)
2.
Tr,vo copies of passport size photograpirs
3.
Trvo slips showilrg the particnlars of heiglit and personal identitication
mad<s duly attested by a Gazetred Govt.
4.
Details of the family in Form 3.
5.
Certificateis) of age shor,ving the dates of birth of the children. The
certiticates should be fiom the Municipal atithorities or from the local
panchayat rlr trorn the head of a recognized school err Central/State Board
ol tlie ciaimant, duly aftested
of Education.
6.
Undertaking lbr refunding any excess paymenr made by the pension
disbursing Bank
7,
specimen signature or ieft hand thumb ant-l finger impressions of
guardian duly attested, in rhe case of the guardian who is not lirerate
enorigh to sign his or her irame
8.
Trvo attested copies of passpofi size ptrotograph of
gualdian/nominee
tt
.
L
Descriptir.e roll of the griardianlnominee. shorving the particuleu.s of
height and identiiication marks^ dul1, attested"
1CI.
Copy of PFO of previoris pensionerlfamily pensioner
lt
Proof of permanent address of the guardian.
12,
Copy of death cerrificare of rhe
pensioner/pLel,ious tarnily pensioner,
1J.
Copy
of
pensioner,
if
deceasecl ;iliplcyee
applicable_
document regarding ineligibiliry
if
or
applicable.
66
of
previous farrily
Annexure - 16
N*
.
_4 /
2*/ 7A*8-rr& PW{n}
Government of lndia
Ministry *f P*rs*nn*l, Publi* *ri*va*ce* &?exxi*x*
{Se partment cf Pension & P*nsian*rs' Weifare}
3rd Floor, Lok Nayak Bharvan, Khan Market,
{rtew Oelhi1'10 003, Dated
orFrcE
$ub.|e*t: Granl
*f
the 19th N*vemb*r,2*14.
MF.lYrqRANpUM
Fixerl Medieal *,ll*w**** {ff'/r}'}
l* ih* fentrai
Government
Pensioners res,ding in areas not covered undcr CGHS
The undersign*d is dir*cted i* say thai al presenl Fixed tJedlcatr hll*wan*e is
granted to the Contral G*yernn"len? pen*i*n*r*l{amtly p*nxian*rx r*$rding ril areas not
*av*r*d und*r esntral S*ver*ment Health $cheme adnrinistered by the Mini*try af
Haalth & Yar*ily Wellare and corruspcnrirng h*alth schcme* sdminlslered by *l**r
MinislrieslDepartmentx for lherr retrred emplay**x f*r *:e*ting *xp*nditt:rc rn their
day-la-day n'l*dic*l expenses l*al d* R*t r*quiro hospitfilixa{irn. Ard*rx w*rc lssu*d
virJe this Departrn*nt's 0.M. *l *v*n nc" daled 26 05.20i0 for enhane*rn*nt of the
amount of FixeO lr4edicalAllorvance from Rs. 100i- to Rs. 300r-p m. vr.e f.
"1
09 2008.
2.
Th* dxrnan* fsr f*rth*r ***an**m*nl *l f\t14, has lleen xnd*r ***sid*rali*n *t
the G*vernm*nt f*r s*mc tinx: past. $an*tion of lh* Pr*sidenf is h*reby conveyed for
enhancement of the amount of trxecl Medical Allo'ry,:nce from Rs 3001 to Rs.500'" per
monlh, ?he cther crnditi*ns t*r granl *f Fixed M*dical &ll*wa*c* shall contrnue to be
as contained in thrs Dcpartments Olvls l"ilc 45'57/37-P&PW(C) dated 19.12.97,
24898301298and18899
3.
4.
Thes* ard*r* wlll taise ef{qrlfr*m dal* *l is*ua *f this *.?'/t.
Thes* *rd*r* are i*sued wit* th* q*t1ru{r*r\r* *f th* b"li*islqr of Frnance (Deptt.
of Exp*ndil*r*j vid* their l D r'.Jote No 588llt Vl2t114 dated 223*"ZAM and ir
c*n*ultali*n with the Coriptroller rr;'icl /rucirtor Senrral *t lrtdia vida their U0 Na. 174
Staff(Rules)r02-2y 'l dateo 12 112C14
5.
l'{incii
v*rsirn will {ali*ve
.
*,.
['*ruu
(Hariit$ingh)
Depilty &**r*lxry to the fi*a,t. of lndia
TO
Al I M i * is1 ri** I *
*parl:ra*nls {ax p *r
r::
*i
Ii
n
g
l1xt}
fcpy tr:
1.
Chiet C**lroller, Cenlral Pensron
Acca*nNinrS
Offic*. Trikaot-li, Bhik*ji Cama
Plase" New Delhi- 11* *6& wiih the r€quest that suitable inslru*li*ns may be
issu*d i* P*nniun Faying *a*ks t* impiement lh* abrve rrdar.
2.
NlC. far publi*hi*g *n
head circulars
3.
sr-rb
**?&?\ft'* W*bsite Ww!!.p*"UFtqnaIspoflelrrq&,tn
head 'Fixeci lJedical A,towance'.
under
Hirtdr Section. Deptr oi Personne l and Trainrng I.rorth Btcck for Hindi version.
67
Annexure-17
'VARIOUS INVESTMENT AND INCOME TAX SAVING OPTIONS
Mutual Funds
A Mutual Fund is a professionally managed type of collective investment
scheme that pools money from many investors and invests in stock, bonds, short
term money market instruments and other securities. Mutual funds have a fund
manager who invest the money on behalf of the investors by buying
/ selling
stocks, bonds etc.
Mutual fund in lndia follow a 3 tire structure. The sponsor who thinks of
starting a mutual fund is the first tier. The sponsor creates a public trust as per
the lndian Trust Act, 1882 and the Trust is the second tier. The Asset
Management Company (AMC) which manages the investors' money is the third
tier.
New Fund Offer (NFO)
:
Once the three $rg structure is in place the AMC
manages new schemes under the name of the trust after getting approval from
the Trustees and Securities and Exchange Board of lndia (SEBI). The launch of
a new scheme is known as New Fund Offer (NFO).
Equity Funds: Equity funds are those funds which invest at least 65% of their
corpus in lndian equity. Equity Funds can either be open ended or closed ended.
An Open Ended Scheme allows the investors entry and exit any time. Whereas
the closed ended scheme restricts the freedom of entry and exit.
Long Term Capital & Short Term Gapital
Asset:
An equity mutual fund
scheme held by the investor for more than 12 months is long term capital asset
and held for not more than 12 months is short term capital asset.
Long Term & Short Term Capital Gains
:
Capital gains means any profit or
gains received on sale/transfer of a capital asset. Capital gain on sale/transfer
of a long term equity mutual fund (held for more than 12 months) is exempt from
income
tax. lnvestors in all other schemes have to pay capital gains tax either
short or lonE term. At the time of exiting the investor will have to bear security
transactions tax @ 0.25% of the value of seiling price.
Capital gains on sale / transfer of short term equity scheme is taxable at
the marginal rate i.e. the capital gains are added to their income and the total
income is taxed as per their applicable tax slab. Long term capital gains made
by the investor in non-equity schemes, Tax is to be paid @
10o/o
or
20o/o
depending on whether investors opt for indexation benefit or not.
Equity Linked Saving Scheme ( ELSS ) :
These"
are Open
Ended
Schemes but have a lock in period of 3 years. This scheme serves the purpose
of equity investment as well as Tax Planning.
They may be low on safety but score full points on all other parameters.
Here returns are high, income is tax free, investor is free to alter the time and
amount of investment, the lock-in period of three years is the shortest among
all tax-saving_investments ( like PPF where the Lock-in is for 7 years, TaxSaving Bank FDs- 5 years, etc.
) and the cost is only 2-2.5o/o ayear. Liquidity is
higher if opted the 'Dividend' option and the cost gets lower if one go for the direct
plans of these funds.
ELSS is a MF Scheme which invests at least 65% of its corpus in Equity.
An individual investor can invest ( with min. Locking period of 3 years ) upto
Rs.1.5 L each year via the ELSS route to avail Tax benefits uiSection-80CC of lT
Act.
According to Value Research Data, while funds from several other MF
categories have given higher returns than the ELSS over a 5 year period, they
carry higher risks.
FAQs on Mutual Fund Question 1 :- Whether to invest in a fund with a lower NAV (Net Asset Value).
Answer
-
Many investors feel that the NAV of a MF is similar to market
price of stocks and therefore, buying funds at low NAV is better. They believe
that because the NAV is low, they can buy more units and hence, there is a
higher potential for appreciation, as compared to a fund with a higher NAV. ln
reality, a MF's NAV represents the market value of all its investments. Any
appreciation in the NAV will depend on the price movement of its portfolio of
companies. Say, investor invest Rs.1 0,000 each in fund A (whose NAV is Rs.1 0)
& Fund B (whose NAV is Rs.25). He will get 1000 units of Fund A & 400 Units of
69
Fund
B.
Assume, both schemes have invested their entire corpus in exacfly
same stocks in same proportions. lf these stocks combined together appreciate
by
the NAV of the two schemes willalso rise by 1o%to Rs.11 and Rs.27.5,
resp. The reason why Fund B's NAV is higher than Fund A's, could be merely
10o/o,
because, it was taunched much earlier than Fund
A. Any subsequent
rise and
fall in the NAVs of both these funds will depend on how the underlying securities
perform.
Hence, the level of a scheme's NAV should not be considered at the time
of purchase.
Question 2 :- Dividends are an extra income. A Scheme that pays dividends is
better than a scheme that doesn't.
Answer
-
When MF announces dividend, the NAV is adjusted accordingly.
lf investors opt for the dividend option, a part of the profits made by the scheme
are distributed to lnvestors. The dividend is substracted from the NAV which
drops down forthwith. So, a Fund which pays dividend is in no way better or
worse than one that doesn't pay.
Question 3 :- Do one need to open a demat account or online account to start
investing in a mutualfund?
Answer
-
To invest in a MF, one do not need any demat account. One needs
to be KYC compliant.'Then all one need to do is fill up the relevant application
form, attach a cheque of the amount one wish to invest and submit it at the MF
office directly or through advisor. Once it's done, investor will get a statement
showing details of investments.
Question 4
Answer
-
:-
MF invest only in Equities.
lnvestors need to understand that there are various kinds of MFs.
While some invest their corpus in equity, others invest into debt schemes and
money market instruments, such as, Govt. bonds, Bonds issued by companies
& Financial lnstitutions, etc. MFs, therefore, invests in all kinds of instruments
and do not confine themselves to equity.
70
Question 5
Answer
-
:-
Markets are at a peak, one should defer the investment.
Research shows that any time is good to invest, provided one
invest for the long term. lnvestor could also invest using SIP (Systematic
lnvestment Plan) method which helps investor accumulate units in good bull and
bear markets thereby optimizing his returns over
a long period of time and
creating wealth for him.
Question 6 :- Mutualfunds with good performance in last
Answer
-
1
year are best choice.
This a common misconception among the MFs investors. People
believe that if ABC mutual fund has given 50% return in past year and XYZ has
in. Past performance is one
of the things to look at performance across market cycles and for longer
durations of 7-10 years or even more and not just recent past. ln addition,
given 30% return, the ABC is a better fund to invest
investors should also consider the fund manager's experience, his track
record and the fund house's track record.
Unit Linked lnsurance Plans ( ULIP
)-
An ordinary ULIP is still a costly
proposition for a buyer. But the online avatar of these market-linked insurance
plans is a low-cost option far removed from what was mis-sold to investors a few
years ago. The lnvest plan from HDFC Life, for instance, charges only 1 .35% a
year for fund management. ULIPS can be used as a rebalancing tool by a savvy
investor. He can switch from equity to debt and vice versa, without any tax
implication. lnvestor can buy a ULIP only if he can pay the premium for the full
term. Also, the investor can take a plan for at least 15 years. A short-term plan
may not be able to recover the high charges levied in the initial years.
Pubic Provident Fund ( PPF
) - Budget2Ol4 also hiked the annual investment
limit in Public Provident Fund or PPF. Risk-averse investors can now stock away
more in the ultra-safe scheme. PPF scores high on safety, taxability and costs
but returns are not so attractive and liquidity is not very high. The scheme will
give 8.7% this year, but may not guarantee in the following years. The interest
rate on small savings schemes such as PPF is linked to the Government bond
yield and is likely to come down in the coming years.
71
senior citizens' savings scheme - The senior citizens, saving scheme
(SCSS) is an ideal tax-saving option for people above 60. The money is safe and
the returns & liquidity are reasonably good. However, the interest income
received form the scheme is fully taxable. lnterest rate is linked to Government
bond yield. lt is one percentage point higher than the five-year Government bond
yield. Unlike in the case of PPF, interest rate will remain unchanged till the
investment matures.
Bank FDs, NSCs
-
Bank Fixed Deposits (FDs) and National Savings Certificates
(NSCs) score high on safety, flexibility and costs, but the tax treatment of income
drags down the overall score. lnterest rates are slightly higher than what the
Public Provident Fund, or PPF, offers but the income is fully taxable at the slab
rate applicable to the individual. FDs and NSCs suit taxpayers in the 10% bracket
(taxable income of less than Rs.5 lakh a year)" The big advantage is that these
are widely available. Just walk into any bank branch and invest in its tax-saving
fixed deposit.
Pension Plans
- Pension plans from insurance companies
remain cosly
investments that are best avoided. lnstead, it may be a better idea to go for the
retirement fund offerings from mutualfunds. They give the same tax benefits but
don't force the investor to annuitise the corpus on maturity. She/he is also free
to remain invested bdyond the age of 60. Tilt now, all the pension plans were
debt-oriented balanced schemes.
lnsurance Plans - Traditional insurance plans are the worst way to save tax.
They require a multi-year commitment and give very poor returns. The insurance
regulator has introduced some customer-friendly changes but these plans still
don't qualify as good investments. The only good thing is that the income is taxfree" But then, so is the income from the Public Provident Fund, or ppF, and taxfree bonds. Another positive feature is that you can easily get a loan against such
policies, which gives some liquidity to the policy holder.
72
Exempt - Exempt - Taxable ( EET ) Rule :-
1.
Three elements are taxable in a tax saving investment
being invested, the lncome on lnvestment
-
The Amount
& Redemption of amount
invested in the future.
2.
PPF is EET - The Investment is eligible for Tax Deduction, the lncome is
exempt from Tax, and Redemption proceeds are not added to lncome in
that year.
3.
NSCs and 5 year bank deposits are EET. lnvestment is eligible for
deduction, but the interest is taxable and redemptions have to be added
back to taxable income.
4.
Tax Saving Schemes of mutual funds are EET. lnvestment is deductible,
dividend income is exempt, but redemption proceeds are taxable.
5.
The interest and redemption proceeds that are taxable, calt, however, be
used to make 80C investments in the year in which they are received to
enjoy tax deduction benefits.
73
*