Shifting of payment channel of pension /family pension from PAO Counter/Money order to Authorised Banks through CPAO *** GOVERNMENT OF INDIA, MINISTRY OF FINANCE, DEPARTMENT OF EXPENDITURE, CENTRAL PENSION ACCOUNTING OFFICE, TRlKOOT-II BHIKAJI CAMA PLACE, NEW DELHI-110066 *** CPAO/lT&Tech/Shifting of Payment channel/2017-18/96, 14th August, 2017 *** Office Memorandum *** Subject:- Shifting of payment channel of pension /family pension from PAO Counter /Money order to Authorised Banks through CPAO.
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
CENTRAL PENSION ACCOUNTING OFFICE
TRlKOOT-II BHIKAJI CAMA PLACE,
CPAO/lT&Tech/Shifting of Payment channel/2017-18/96
14th August, 2017
Subject:- Shifting of payment channel of pension /family pension from PAO Counter /Money order to Authorised Banks through CPAO.
Attention is drawn to Para 7.5 of Civil Accounts Manual whereby it has been provided that pension is to be disbursed through following channels:-
i. Authorised Banks (Public Sector Banks and Other Nominated Banks- Private Sector Banks);
ii. Pay and Accounts Offices;
iii. Money Orders; and
iv. Treasuries (For High Court Judges and AIS pensioners)
With the spread of bank branches in the remote areas of the country and with significant progress under Digital India, it is appropriate time to shift the pension payment only through Authorized Banks directly into pensioners account.
CPAO requires the data of pensioners who are getting their pension from PAO counters and through Money orders before taking decision in this regard. If the pension payment is shifted to authorized banks through CPAO there will be no requirement of pre-receipted bill to be submitted by pensioner/family pensioner and their pensions will be credited directly in to their pension account by the CPPC of the Bank.
In view of the above all Pr.CCAs/CCAs/CAs/AGs/Administrators of UTs are requested to provide data of pension payment in the enclosed proforma latest by 24.08.2017. This data has to exclude the provisional pension payments by FAQs in disciplinary cases.
This issues with the approval of Competent Authority.
Encl:- As above
(Md. Shahid Kamal Ansari)
(Asstt. Controller of Accounts)
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