Govt simplifies pension process

The government today said it has simplified the process of sanction and payment of

RELATED ARTICLES

pension for its employees by revising the application and disbursement forms among others.

"The objective is to simplify the forms as well as to do away with the requirement of submission of affidavit and to accept all information and documents on the basis of self certification," a press release issued by Ministry of Personnel said.

As many as 26 forms under pension rules have been reviewed and modified where necessary, it said. The revised forms have been posted on the department's website-- www.Persmin.Nic.In.

The Department of Pension and Pensioners' Welfare proposes to dispense with the requirement of a number of nomination forms for various benefits like GPF, arrear of pension and commutation of pension by the employees.

"Instead, an employee will be required to fill up only one nomination form during the service and another nomination form at the time of retirement. Amendment to the forms and relevant rules in this respect would be notified by the department very soon," the release said.

Revision of forms under general or contributory provident fund rules, extraordinary pension rules and commutation of pension rules was under process, it said.

The department is also reviewing the rules with a view to reducing the time prescribed for sanction of pension from the current 24-30 months to a more reasonable 12 months.

An online pension sanction and payment tracking system 'Bhavishya' has been launched, initially in 15 ministries. This will enable retiring government servants to themselves track progress of sanction of pension and other retirement dues against the time lines prescribed, the release said.

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E-mail ID will not be published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

  • Signalling good times, current account deficit is likely to grow from here on

    The current account deficit (CAD) numbers for April-June quarter declined sharply to 1.7 per cent of GDP.

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

Arun Nigavekar

Disruptive innovation in education

The past two weeks had a fair share of interesting ...

Rajgopal Nidamboor

Regain the spirit of focused power

For aeons, the human race has been experimenting with a ...

Gautam Gupta

Manufacturing must keep workers’ welfare in mind

It may be early days yet, but the labour reforms ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture