Report Wire

News at Another Perspective

seventh pay fee newest information: New household pension guidelines defined

3 min read

seventh pay fee newest information as we speak: The central authorities has simplified the seventh pay fee household pension rule for partner or members of the family of the deceased central authorities pensioners. The Department of Pension & Pensioners’ Welfare has directed the pension disbursing banks for expeditious settlement of seventh CPC household pension profit by simplifying the seventh pay fee household pension norms. The central authorities’s transfer is anticipated convey reduction for round 60 lakh central authorities pensioners.

The Department of Pension & Pensioners’ Welfare knowledgeable concerning the resolution from its official twitter deal with and mentioned, “Department of Pension & PW has issued instructions for Expeditious settlement of family pension cases by banks.” The tweet additionally carried the round issued by the division directing banks for expeditious settlement of household pension.

Department of Pension & PW has issued directions for Expeditious settlement of household pension circumstances by banks. pic.twitter.com/3XO0UbY5q3— D/o Pension & Pensioners’ Welfare , GoI (@DOPPW_India) July 1, 2021

The DoPPW letter learn, “…… instances have been brought to the notice of this Department where, on death of a pensioner, the spouse/family members of the deceased pensioner are asked by the Pension Disbursing Banks to submit details and documents, which are otherwise not required for commencement of family pension. This amounts to harassment of the spouse and family members and often leads to avoidable delay in commencement of family pension by the Banks.”

The DoPPW letter went on so as to add that the partner/member of the family, whose title is included within the PPO issued to the deceased pensioner, is required to submit solely the next particulars/ paperwork for graduation of household pension to him/her:

1] In circumstances the place the deceased pensioner and partner have been holding a joint account:

a) A easy letter/utility for graduation of household pension;

b) Death certificates in respect of the deceased pensioner;

c) Copy of PPO issued to the pensioner, if obtainable; and

d) Proof of age/date of beginning of the applicant.

2] In circumstances the place the partner didn’t have the joint account with the deceased pensioner:

a) Application in Form 14 bearing the signatures of two witnesses;

b) Death certificates in respect of the deceased pensioner;

c) Copy of PPO issued to the pensioner, if obtainable; and

d) Proof of age/date of beginning of the applicant.

Now, Form 14 isn’t required to be attested by a Gazetted officer, and so forth. The paying financial institution will determine the partner/member of the family based mostly on the knowledge given within the PPO and its personal “Know Your Customer” procedures.

3] In circumstances the place, on loss of life of the pensioner and partner, household pension has to cross over to a different member of the family;

a) If the opposite member of the family has been co-authorized for household pension within the PPO, the identical process as in sub-para II above shall be adopted.

b) If the title of the opposite member of the family isn’t included within the PPO, he/she could also be suggested to method the workplace which the Government servant/pensioner final served, for difficulty of a contemporary PPO.

Issuing tips to the pension disbursing banks the DoPPW round mentioned, “You are requested to issue suitable instructions to the CPPC(s) and the pension paying branches of your Bank to obtain only the minimum essential details/documents, as mentioned above, from the claimants of family pension, and to ensure that they are not subjected to any harassment by seeking unnecessary details and documents. The details of family members, other than the Applicant, are not relevant for commencement of family pension by the bank and the same should not, therefore, be sought from the Applicant under any circumstances.”

Subscribe to Mint Newsletters * Enter a legitimate e-mail * Thank you for subscribing to our e-newsletter.

Never miss a narrative! Stay related and knowledgeable with Mint.
Download
our App Now!!