Military Canteen Chennai Price 2021CPAO : Credit of revised pension / arrears in the bank accounts should be in a time bound manner
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
CENTRAL PENS10N ACCOUNTING OFFICE
TRIKOOT-II BHIKAJI CAMA PLACE,
NEW DELH:?110066
CPA0/IT&Tech/Revision (7th CPC)/19.Vol-III(B)/2016-17/128
26.09.2017
Office Memorandum
Subiect :- Implementation of Government’s decision on the recommendations of 7th Central Pay Commission – Revision of pension of pre- 2O16 pensioners / Family Pensioners etc.-reg.
Attention is invited to para 2[ii) of this office OM No. CPAO/ IT&Tech/Revision (7th CPC)/19 [vol-III)/ 2016-17/ 41 dated-06.06.2017 on the above subject where it has been provided that “The credit of revised pension in the bank accounts of pensioners / family pensioners and payment of arrears should be in a time bound manner after receipt of Revision Authority from CPAO [through electronic mode). lt should not be later than the next due date of credit of pension in the pensioners accounts.”
But analysis of the payment of arrears reveals that most of the banks are not maintaining the above provision. Finance secretary in his review meeting has expressed his concern on the delay by the banks. Therefore, Heads of CPPCs and Heads of Government Business Departments of all the authorized banks are requested to ensure the compliance of the above provision.
This issues with the approval of the competent authority
?Md. Shahid Kamal Ansari
Asstt.Controner of Accounts
Signed Copy
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