Employees to get pension payment order on retirement day: Govt

Tags: News
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.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Bureaucrats have enjoyed flying miles at taxpayer expense for too long

    The beleaguered Indian taxpayer will certainly applaud prime minister Narendra Modi’s attempt to deliver on his promise of cutting down fiscal defic

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

<b>Riskfactor</b>: CHAIN REACTION

A domino effect is the cumulative effect produced when one ...

Zehra Naqvi

Rememberance and forgetting are crucial

Memories are so vital to our lives that they can ...

Dharmendra Khandal

Sandalwood may get extinct if not protected

When we talk of sandalwood, the most common usage that ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture