Payment of Additional quantum of pension at the rates approved by the Government of India: CPAO writes to Bank

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Payment of Additional quantum of pension at the rates approved by the Government of India: CPAO writes to Bank

Payment of Additional quantum of pension at the rates approved by the Government of India: CPAO writes to Bank GOVERNMENT OF INDIA MINISTRY OF FINAN

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Payment of Additional quantum of pension at the rates approved by the Government of India: CPAO writes to Bank

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMETN OF EXPENDITURE
CENTRAL PENSION ACCOUNTING OFFICE
TRIKOOT-II, BHIKAJI CAMA PLACE,
NEW DELHI-110066

CPAO/IT & Tech/Bank Performance/ 37 Vol. III A/7674/ 213

31.03.2022

Office Memorandum

Subject: Payment of Additional quantum of pension at the rates approved by the Government of India

During the inspection by the Director General of Audit (Finance & Communication), Delhi, it is observed that the CPPCs are paying the additional quantum of pension at different rates than the rates approved by the Government of India.

Attention is invited to DPPW’s OM dated 04.08.2016 wherein the rates of additional quantum of pension are explicitly mentioned. The quantum of pension/family pension to be payable to the old pensioners/family pensioners is as under-

Age of the pensioner/family pensioner payable Additional quantum of pension to be payable
From 80 years to less than 85 years 20% of revised basic pension/family pension
From 85 years to less than.90 years 30% of revised basic pension/family pension
From 90 years to less than 95 years 40% of revised basic pension/family pension
From 95 years to less than 100 years 50% of revised basic pension/family pension
100 years or more 100% of revised basic pension/family pension

All the Authorised Banks are directed to adhere to the rates mentioned above and ensure strict compliance of the same.

This issues with the approval of the Chief Controller (Pensions).

(Anang Rawat)
(Dy. Controller of Accounts)

To
1. All the Heads of CPPCs of all the Authorised Banks
2. All the Heads of GBDs of Authorised Banks

payment-of-additional-quantum-of-pension-cpao

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COMMENTS

WORDPRESS: 1
  • Julia Rodrigues 2 months ago

    I’ve retired in 2014 from Govt job.Pension is too little to feed many mouths Goa is a state where everything is brought from other States n life is expensive,besides everything has increased except pension.Have to pay so many places as by midweek money is over. Being Senior citizen we’ve to spend on Drs, medicines etc, n I avoid going to Drs or buy medicines. No DA has been given till date. Mr Modi promises to give extra DA before Holi, N Holi is gone n just yest meagre pension is given.So i feel depressed n better to commit suicide,then continue living n the Govt will be responsible for this action.I can’t continue, my daughter has to get married,she lost her job due to Covit My spinstersister is epileptic no property in laws filed in inventory case in court have to spend on lawyers more than 10 yrs now. How do you expect me to live plz ? Plz pay our DA n increase pension n cancel income tax.Dont blame for action taken by me as m very depressed n don’t know how to continue. God help us.