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Employees to get pension payment order on retirement day: Government

Employees to get pension payment order on retirement day: Government
PTI Jun 12, 2014

NEW DELHI: The government has decided to give pension payment order to an employee on the day of his or her retirement, Union minister Jitendra Singh said today.
The Department of Pension and Pensioner’s Welfare is working with the vision of ensuring the life of dignity for pensioners, the Minister of State for Personnel, Public Grievances and Pensions said.
“The goal is to ensure 100 per cent payment of all retirement dues and the delivery of pension payment order to retiring employees on the day of retirement itself,” he said at the first interactive conference with state secretaries (Pension) here.
The Department of Pension and Pensioner’s Welfare has taken a number of steps including review of forms and simplification of procedures.
An online Pension Sanction & Payment Tracking System called BHAVISHYA has been launched, said a press release issued by the Ministry of Personnel.
“By ensuring complete transparency, this system would obviate delays in sanction and payment of pension,” it said.

In furtherance of what Prime Minister Narendra Modi has been insisting upon, i.e. benefits to reach to all the states and not merely restricted to Centre, the Department has convened a meeting with pension secretaries of state governments to share information, experience and best practices on pension matters.
There are about 50 lakh central government employees and 30 lakh pensioners.

Source: http://articles.economictimes.indiatimes.com

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