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PCDA Circular 194 – Payment of arrears of pension

By
igeadmin
-

PCDA Circular 194 :  Payment of arrears of pension in cases where valid nomination has not been made under the payment of arrears of pension (Nomination) Rules, 1983

Office of the Principal Controller of Defence Accounts (Pension), Draupadi Ghat,
Allahabad-211014

Circular No. 194

No. AT/Tech/012-IX

Dated: 24.11.2017

To,

1. The Chief Accountant, RBI Deptt. of Govt. Bank Accounts, Central office C-7, Second Floor, Bandre- Kurla Complex, P B 8143, Bandre East Mumbai-400051
2.The Director of Treasuries of all state …….
3.The Manager CPPC of Public Sector Banks including IDBI
4.The CDA (PD) Meerut……….
5.The CDA-Chennai……….
6.The Nodal Officers (ICICI/ AXIS/HDFC Bank)….
7.The Pay & Accounts Officers…………
8.Military and Air Attache, Indian Embassy Kathmandu,
9.The DPDO…………
10.The Post Master…………..

Sub:(i) Payment of arrears of pension in cases where valid nomination has not been made under the payment of arrears of pension (Nomination) Rules, 1983;

(ii) Payment of arrears of family pension-regarding.

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Difficulties being faced by the defence pensioners in obtaining the legal heir-ship- certificate, for payment of arrear of pension where valid nomination has not been made under payment of arrear of pension (Nomination) Rules, 1983 and payment of arrear of family pension, were drawing attention of the Govt. since long.

2. To obviate the above difficulties of the defence pensioner, GOI, Ministry of Defence department of Ex-Servicemen Welfare, vide letter 1(10)/2013- D(Pen/Policy) dated 29th August 2017 (copy enclosed) has decided that in the absence of nominee or any “will” of the deceased pensioner, the arrear of pension will be paid as under-

i. Under the order of the Pension Disbursing Authority to the heir without production of legal authority, if the gross amount of arrears of pension claim does not exceed Rs. 25,000/-, provided he is otherwise satisfied about the right of the claimant.

ii. If the gross amount of arrears of pension claims exceeds Rs 25,000/- but does not exceed Rs 2,50,000/-, under the orders of Principal Controller of Defence Accounts(Pension) on execution of an Indemnity Bond in Form IAFA-642 duly stamped for gross amount due for payment with such sureties as may be deemed necessary and accepted on behalf of the President by an officer duly authorized under article 299(i) of the Constitution.

iii. In case of any doubt and also in cases where the amount of arrear exceeds Rs 2,50,000/- payment shall be made only to the person producing the legal authority.

3. Normally there should be two sureties both of known financial ability. However, in case the amount of claim is less than Rs 75,000/- the authority accepting the Indemnity Bond for and on behalf of President of India should decide on the merits of each case whether to accept only one surety instead of two. The obligor as well as the sureties executing the Indemnity Bond should have attained majority so that the bond has legal effect or force. The Bond is required to be accepted on behalf of the President by an Officer duly authorized under Article 299(i) of constitution.

4. This Ministry letter No. 1(16)/2009-D(Pen/Policy) dated 03.2010 stipulates that in the event of death of family pensioner, the right to receive any arrears of family pension would automatically pass on to the eligible member of the family next in line. The requirement of succession certificate for payment of any arrears occurs only where there is no member in family who is eligible to receive family pension after the death of the family pensioner. Therefore, it has been decided that the provision of this letter will also apply to the payment of arrears of family pension where no member of family is eligible to receive family pension.

All the Pension Disbursing Authorities are, therefore, advised to regulate the payment of life time arrears of pension and family pension in terms of instructions mentioned above.

S/d,
(Sandeep Thakur)
Jt.CDA (P)

Signed Copy

PCDA Circular 591 – Implementation of OROP to all Pre–01.06.1953 Defence pensioners

By
igeadmin
-

PCDA Circular 591 – Implementation of ‘One Rank One Pension’ to all Pre–01.06.1953 Defence pensioners, Ex. State Force Pensioners and their families

OFFICE OF THE PR.CONTROLLER OF DEFENCE ACCOUNTS (PENSIONS)
DRAUPADI GHAT, ALLAHABAD- 211014

REGISTERED

Circular No. 591

Dated: 13.11.2017

To

1.The Chief Accountant, RBI, Deptt. Of Govt, Bank Accounts, Central Office C-7, Second Floor, Bandre- Kurla Complex, P B No. 8143, Bandre East Mumbai- 400051
2.All CMDs, Public Sector
3.The Nodal Officers, ICICI/HDFC/AXIS/IDBI Banks
4.All Managers, CPPCs
5.Military and Air Attache, Indian Embassy, Kathmandu, Nepal
6.The PCDA (WC), Chandigarh
7.The CDA (PD), Meerut
8.The CDA, Chennai
9.The Director of Treasury, All States
10.The Pay and Accounts Officer, Delhi Administration, R K Puram and Tis Hazari, New Delhi.
11.The Pay and Accounts Office, Govt of Maharashtra, Mumbai
12.The Post Master Kathua (J&K), Camp Bell Bay
13.The Principal Pay and Accounts Officer Andaman and Nicobar Administration Port Blair

Subject:- Implementation of ‘One Rank One Pension’ to all Pre–01.06.1953 Defence pensioners, Ex. State Force Pensioners and their families.

Reference:- GoI MoD letter No. 12(1)/2014/D(Pen/Policy)-Part-II dated 3rd Feb, 2016 (Circular No. 555 dated 04.02.2016), Circular 557 dated 17.03.2016, Circular 580 dated 05.07.2017 & Circular 581 dated 02.08.2017.

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Under the extant Government Orders , revision of pension under OROP scheme shall be effective with effect from 0 1.07.2014 , and payment of arrears accrued on account of revision of pension, if any, shall be made in a time bound manner as stipulated in Para 17.1 of the Circular No. 555 dated 04. 02.2016.

2. In this regard, it is stat ed that as per Para 4 of Gol, MoD letter No.12(1)/2014/D (Pen/Policy)-Part-II dated 03.02.2016 circulated vide this office Circular No. 555 dated 04.02.2016, provisions of OROP are also applicable to pre-01.06.1953 retirees pensioners, Ex-State Forces pensioners and their families for revision of pension/family pension. Accordingly, the benefit of ORO P also has to be given to Ex-State Forces Pensioner s/Family Pensioner s as per applicable tables, who were in receipt of pension as on 01.07.2014.

3.Further, rates of Ordinary Family Pension, Special Family Pension, 2nd Life award of SFP, Liberalized Family Pension, 2nd Life award of LFP, Disability/ Liberalized Disability element for 100% Disability, War Injury Element (Discharged) for 100% Disability, War Injury Element for 100% Disability (Invalid out Case) are now provided in annexed tables of this Circular as Table No. 97A , Table No. 98A, Table No. 99A, Table No. 100A and Table No. 101A, as rates of these types of pension were not given in Circular No. 555 dated 04.02.2016 and demands for these rates were raised by various PDA and pensioners. These rat es are based on applicable percentage of rates in tables no. 97 to 101 respectively.

4.Therefore , to expedite the timely revision of pension in respect of all Pre-01.06.1953 pensioners, Ex-State Force Pensioners and their families, the Pension Disbursing Agencies are hereby authorised to revise the pension of all Pre-01.06.1953 pensioners, Ex State Forces Pensioners and their families as per the rates applicable to Regular Armed Forces Personnel without any Corr. PPOs.

5.All other terms and conditions remain unchanged.

6.This Circular has been uploaded on this office website www.pcdapension.nic.in for dissemination to all concerned.

No. Gts/Tech/0167/XXVIII
Dated: 13.11.2017

S/d,
(Nasim Ullah )
ACDA (Pensions)

Signed Copy

How to join National Pension System

By
igeadmin
-

How to join National Pension System

All Citizen of India:

Option I: Any citizen of India, who meets the stipulated eligible conditions, can open his/her NPS account through online facility –

eNPS.

Through this facility NPS account holders can also make subsequent contributions to their account hassle free using Net Banking/ Debit Card/ Credit Card.

Option II: Entities called as Point of Presence (POP) are appointed by PFRDA for servicing the individual subscribers, including their registration and acceptance of further contributions. The registration form for joining NPS can be collected from any of the Point of Presence – Service Providers (POP-SP).

Government / Corporate Sector:

To enroll under Central Government / State government Sector, you may approach your HR Dept./ Pay and Accounts Office (the Nodal Office for NPS). The formalities to be completed, in guidance and through of the Nodal Office.

National Pension System for Central Government Autonomous Bodies (CABs)

By
igeadmin
-

The Central Government had introduced the National Pension System (NPS) with effect from January 1, 2004 (except for armed forces i.e. Army, Navy & Air Force). All the employees of Central Autonomous Bodies who have joined on or after the above mentioned date are also mandatorily covered under NPS.

Ministry of Finance, vide Office Memorandum No 1 (2)/E.V./2007 dated June 30, 2009 has stated that these organisations may also be permitted to shift to a defined contribution pension scheme i.e. NPS in respect of employees who have joined before January 01, 2004

Benefits of National Pension System

By
igeadmin
-

Benefits of National Pension System

  • Flexible- NPS offers a range of investment options and choice of Pension Funds (PFs) for planning the growth of the investments in a reasonable manner and monitor the growth of the pension corpus. Subscribers can switch over from one investment option to another or from one fund manager to another.
  • Simple – Opening an account with NPS provides a Permanent Retirement Account Number (PRAN), which is a unique number and it remains with the subscriber throughout his lifetime. The scheme is structured into two tiers:
    • Tier-I account: This is the non-withdrawable permanent retirement account into which the regular contributions made by the subscriber are credited and invested as per the portfolio/fund manager chosen of the subscriber.
    • Tier-II account: This is a voluntary withdrawable account which is allowed only when there is an active Tier I account in the name of the subscriber. The withdrawals are permitted from this account as per the needs of the subscriber as and when required.
  • Portable- NPS provides seamless portability across jobs and across locations. It would provide hassle-free arrangement for the individual subscribers while he/she shifts to the new job/location, without leaving behind the corpus build, as happens in many pension schemes in India.
  • Well Regulated- NPS is regulated by PFRDA, with transparent investment norms, regular monitoring and performance review of fund managers by NPS Trust. The account maintenance costs under NPS are the lowest as compared to similar pension products across the globe. While saving for a long-term goal such as retirement, the cost matters a lot as the charges can shave off a significant amount from the corpus over 35-40 years of investment period.
  • Dual benefit of Low Cost and Power of compounding: Till the retirement, pension wealth accumulation grows over the period of time with a compounding effect. The account maintenance charges being low, the benefit of accumulated pension wealth to the subscriber eventually become large.
  • Ease of Access: The NPS account is manageable online. An NPS account can be opened through the eNPS portal. Further contributions can be also be made online through the eNPS portal.
    Once the PRAN account is opened, an online login id and password is provided to the subscriber. He/she can login and view/manage his NPS account online, over a click.

What is National Pension System ?

By
igeadmin
-

National Pension System (NPS) is a voluntary, defined contribution retirement savings scheme designed to enable the subscribers to make optimum decisions regarding their future through systematic savings during their working life. NPS seeks to inculcate the habit of saving for retirement amongst the citizens. It is an attempt towards finding a sustainable solution to the problem of providing adequate retirement income to every citizen of India.

Under NPS, individual savings are pooled in to a pension fund which are invested by PFRDA regulated professional fund managers as per the approved investment guidelines in to the diversified portfolios comprising of Government Bonds, Bills, Corporate Debentures and Shares. These contributions would grow and accumulate over the years, depending on the returns earned on the investment made.

?At the time of normal exit from NPS, the subscribers may use the accumulated pension wealth under the scheme to purchase a life annuity from a PFRDA empaneled Life Insurance Company apart from withdrawing a part of the accumulated pension wealth as lump-sum, if they choose so.

NFIR – 7th CPC recommendations with regard to upgradation of Grade Pay and merger of commercial categories

By
igeadmin
-

NFIR

No. II/2/Part VIII

Dated: 03/12/2017

The General Secretaries of
Zonal Unions of NFIR

Dear Brother,

Sub: 7th CPC recommendations with regard to upgradation of Grade Pay and merger of commercial categories-reg.

Ref: (i) Railway Board’s letter No. 2016/E(LR)I/NM 1-14 dated 27/11/2017.

(ii) NFIR’s Message No. II/2/Part VIII dated 02/12/2017 to the Zonal Unions.

**********

Please refer NFIR’s message No. II/2/Part VIII dated 02/12/2017 (copy enclosed) on the above subject.

For the appreciation of Zonal Unions, copies of the following are also enclosed.

(a) Record Note of discussions held on 12th July 2017 at 15/- Hrs in the chamber of AM (Staff) with both the Federations.

(b) GS/NFIR’s reply to Railway Board on record note of discussions vide No. II/2/Part VII dated 24/07/2017.

According to the record note of discussions dated 12th July, 2017, the existing staff working in the cadres of ECRCs and Commercial Clerks/Inspectors may be merged with the option to interchange them. This indicates that those opt for interchange will be posted according to their option. Yesterday, CRMS contacted the undersigned on phone and I clarified on the doubt.

The above is for information of affiliates.

Encl: As above

Yours fraternally,
S/d,
(Dr. M. Raghavaiah)
General Secretary

Source : NFIR

DA from Jan & July 2017 to Railway employees continuing to draw their pay in the pre-revised pay scale / grade pay as per 6th CPC

By
igeadmin
-

Dearness Allowance applicable w.e.f. 01.01.2017 & 01.07.2017 to Railway employees continuing to draw their pay in the pre-revised pay scale / grade pay as per 6th Central Pay Commission

Government of India
Ministry of Railways
(Railway Board)

S. No PC-VI/379
No. PC-VI/2008/I/7/2/1

RBE No. 169/2017
New Delhi, dated 17.11.2017

The GMs/CAO(R)
All Zonal Railways & Production Units
(as per mailing list)

Subject :- Rate of Dearness Allowance applicable w.e.f. 01.01.2017 & 01.07.2017 to Railway employees continuing to draw their pay in the pre-revised pay scale / grade pay as per 6th Central Pay Commission.

Please refer to this Ministry’s letter of even number dated 14.12.2016 (S. No, PC-VI/372, RBE No. 150/2016) revising the rate of Dearness Allowance w.e.f. 01.07.2016 in respect of railway employees continuing to draw their pay in the pre-revised pay scale/grade pay as per 6th Central Pay Commission.

2. The rate of DA admissible to Railway employees of above category shall be enhanced from the existing rate of 132% to 136% w.e.f. 01.01.2017 and from 136% to 139% w.e.f. 01.07.2017.

3. The provisions contained in Paras 3, 4 & 5 of this Ministry’s letter of even number dated 09.09.2008 (S. No. PC-VI/3, RBE No. 106/2008) shall continue to be applicable while regulating Dearness Allowance under these orders

4. This issues with the concurrence of the finance Directorate of the Ministry of Railways.

(Authority:- MoF’s OM No., 1/3/2008 – E(II)B dated 07.04.2017 & 26.09.2017)

(U.K. Tiwari)
Dy. Director, Pay Commission-VI
Railway Board.

Signed Copy

Source : NFIR

Brief on the discussion with the CRB on date – AIRF

By
igeadmin
-

airf

No.AIRF/24(C) Dated: December 1, 2017

The General Secretaries,
All Affiliated Unions,

Dear Comrades!

Sub: Brief on the discussion with the CRB on date

I met the CRB in the forenoon on date and had discussion on the following issues:-

1. Benchmarking for financial upgradation under MACPS consequent upon implementation of VII CPC – I explained the CRB that, prior to implementation of VII CPC recommendations, benchmarking for financial upgradation under MACPS, and that for regular promotion had been similar. With the implementation of higher benchmarking for financial upgradation under MACPS, there is serious resentment among the Railwaymen as majority of them is deprived of this legitimate benefit. The CRB assured to look into the matter on priority.

2. Appointment on Compassionate Ground of the wards/widows of the Railwaymen either died in harness or medically incapacitated – With the direct recruitment qualification for open market recruitment in erstwhile GP Rs.1800 having been upgraded to High School + ITI or Course Completed Act Apprenticeship, appointment on Compassionate Ground to those wards of the Railwaymen who are not in possession of this qualification is being denied. I had, therefore, raised this issue and the CRB has assured us that this issue shall also be dealt with on priority and the provision as existed earlier, i.e. placing them in -1S pay scale would be considered.

On the issue of Compassionate Ground Appointment, in general, the CRB said that, it would continue on Indian Railways on 1:1 basis.

3. Implementation of upgraded pay scales as recommended by the VII CPC to certain categories of Railwaymen – I had also discussed this issue with the CRB, explaining that the VII CPC has recommended upgraded pay scales to certain categories of Railwaymen, viz. SSO(A/Cs)/Sr. Travelling Inspector(A/Cs)/ Sr. Inspector(Stores A/Cs), Chemical & Metallurgical Asstt., Chemical & Metallurgical Supdt., Asstt. Chemist & Metallurgist, but the same are yet to be implemented, and the Ministry of Railways have unnecessarily referred the issue to the DoP&T, which is quite unfair and urged upon the CRB to implement the same without further delay. He also assured a positive action in the matter.

4. Absorption of Course Completed Act Apprentices in the Railways – AIRF has raised this issue many times, wherein we have requested that, the Apprentices who have completed their course before making quota of 20% should be regularized without subjecting them to any RRCs examination as has been done earlier with paper screening. The CRB assured that he would definitely do the needful and would try that this skilled workforce should join the Indian Railways at an earliest.

5. Improvement in the condition of Railway Quarters and Colonies – Regarding complaints pertaining to maintenance of railway quarters and colonies, I suggested the CRB to think on the subject out of the box. He appreciated the sincere suggestion given by me that, old railway colonies should be demolished and replaced with multi-storey railway colonies, equipped with lift, CCTVs, boundary etc., so that, the employees and their families, living therein, should feel secure. I also mentioned that, till they get proper railway quarter maintenance, the staff should be paid “Maintenance Allowance” for petty repairs, whitewash and painting etc.

This is for information and wide publicity.

Comradely yours,

(Shiva Gopal Mishra)
General Secretary

Source : AIRF

PFRDA conducts the Workshop with Corporates to create an awareness about the features of NPS

By
igeadmin
-

PFRDA conducts the Workshop with Corporates to create an awareness about the features, benefits and the process of joining National Pension System (NPS); Also to create awareness about the role of Pension Funds under NPA architecture;

More than 1.80 crore subscribers join under NPS-Private sector

Pension Fund Regulatory Development Agency (PFRDA) in its endeavor to promote NPS among the corporates have embarked upon conducting NPS Workshops at various locations across the country. In continuation of that exercise, a Corporate Meet was held today in Pune in association with FICCI, Maharashtra State Council and Mahratta Chambers of Commerce, Industry and Agriculture.

More than 100 participants from around 55 corporates attended the workshop. PFRDA officials gave a detailed presentation on NPS and informed the participants about the features, benefits and the process of joining NPS to the employees as well as to the employer. The role of the Pension Funds under NPS architecture and the benefits of long term investment and the optimal return being generated by the Pension Fund following the investment guidelines issued by PFRDA was highlighted.

PFRDA officials also clarified the queries regarding joining of NPS, tax benefits, POPs details, timelines, transfer of superannuation fund to NPS, annuity etc. to the participants.

The recent developments under NPS-Private Sector (All citizen and Corporate) are listed below:

i.Process of Transfer of Superannuation / Recognized Provident Fund to National Pension System.

ii.Allowing option to change the investment choice or asset allocation ratio twice in a financial year
iii.Dispensing of requirement of submission of physical application form in case of subscriber opening account online and e-Signing the document.

iv.Introduction of Alternative Investment Fund-a separate class of Asset “A”

v.Introduction of two new life cycle funds (LC 75 and LC 25)

vi.Under Tier-I account, minimum contribution requirement in a financial year is reduced from Rs 6,000/- to Rs 1,000/-

As on 25th November 2017, more than 1.84 crores subscribers have joined under NPS-Private sector (Corporate and All Citizen model) . More than 6.58 lacs employees of 4,027 registered Corporates have joined NPS under NPS Corporate Model, and more than 5.46 lacs subscribers have joined NPS under NPS-All Citizen Model. The overall number of NPS and APY subscribers have crossed 1.80 crore with overall Asset under Management (AUM) of more than 2,15,461 crore. PFRDA’s endeavour is to significantly scale-up these segments during the ongoing months.

PIB

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