Dear Comrades,
| 
The Government has streamlined procedures for retiring employees so
  that delays may be overcome in earliest commencement of pension. This follows
  directions issued by Dr. Jitendra Singh, Minister of State for Personnel,
  Public Grievances & Pensions to the workshop held with the Pension
  Secretaries of various State Governments here on June 12, 2014.  
Delegates pointed out during the course of deliberations that the
  release of pension after retirement gets delayed mainly due to two reasons.
  Primarily, the delay in receipt of intimation by the pensioner that pension
  papers have reached the bank and secondly, delay on the part of pensioner in
  approaching the bank for submission of undertaking that he shall refund any
  amount paid to him to which he is not entitled. 
 As per the new guidelines, the Government has decided that the
  requisite undertaking may be obtained by the Head of Office from the retiring
  employee and forwarded to the pension disbursing bank along with the Pension
  Payment Order (PPO). The bank shall credit the pension to the account of the
  pensioner as soon as this undertaking is received along with the pension
  documents 
This change in procedure has an added advantage that the PPO can now
  be handed over in person to the retiring employee along with other retirement
  dues. Earlier the pensioner had to approach the bank for PPO. 
 With this change in rules and procedures, the pensioners would
  be saved of considerable inconvenience and delay and his pension will
  commence as soon as
  he retires.  
****** KSD/PK/BK/sk (Release ID :105712) 18 June,2014 | 
