Submission of Undertaking by retiring Railway employees – Simplification of Pension Procedure: RBA No. 36/2021

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Submission of Undertaking by retiring Railway employees – Simplification of Pension Procedure: RBA No. 36/2021

Submission of Undertaking by retiring Railway employees - Simplification of Pension Procedure: RBA No. 36/2021 Government of India Ministry of R

केंद्र का वेतन से ज्यादा पेंशन खर्च Pension expenditure is more than Salary expenditure by Central Govt
Recovery of excess payments made to pensioners: RBI Circular
Expeditious settlement of family pension cases by banks: DoP&PW Instructions dated 16.06.2021

Submission of Undertaking by retiring Railway employees – Simplification of Pension Procedure: RBA No. 36/2021

submission-of-undertaking-by-retiring-railway-employees

Government of India
Ministry of Railways
(Railway Board)

RBA NO. 36/2021

No. 2010/AC-II/21/3 (part-1)

New Delhi, dated 29 .06.2021

PFA,
All Zonal Railways/PUs

Sub: Simplification of Pension Procedure- Submission of Undertaking by retiring Railway employees.

Ref:-1. Board’s letter No. F(E)III/2008/PN1/13 dated 17.3.2015.
2. Board’s letter of even No. dated 02.07.2020 (RBA No. 55/2020)

Attention is invited to Board’s instructions issued vide letters ibid regarding submission of Letter of Undertaking by the retiring employee at the time of retirement, as a part of simplification of Pension procedure. Now, Bank of Baroda has brought to the notice of this Ministry that the bank is receiving unfilled /partially filled Pensioner’s letter of Undertaking (LOU) along with the PPOs. Furthermore, the format of this Undertaking does not conform to the format prescribed by Board’s letter referred above. As a result, CPPC of the bank is obtaining this form once again from the pensioners, to set right the discrepancy. This is causing delay in commencement of first pension by the bank.

It is, therefore, advised that the system in vogue may be reviewed and suitable corrective action be taken to avoid recurrence of such instances in future.

Sd/-
(Ajay Bartwal)
Joint Director Finance/CCA
Railway Board

Read also: Simplification of pension procedure-submission of undertaking by retiring Government servant and Handing over of PPO booklet by HOO

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