CPPC has asked pension disbursing banks to issue pension slips to pensioners. This will be given every month. It will contain other details including the amount of payment.
Pensioners will get pension slip
For the convenience of the pensioners, the central government has now asked the banks to give them monthly pension slips. It will have complete details of monthly pension paid along with details of amount deposited and tax deducted. Pensioners will not even need to visit the bank to get the pension slip. Banks will provide them pension slips through SMS, email and/or WhatsApp. These decisions were taken on June 2021, in the meeting of the Central Pension Processing Centers (CPPCs).
CPPC asked the pension disbursing banks to comply with the above instructions for the convenience of the pensioners. In this regard, Pension and Pensioners Welfare (DOPPW) also issued an office memorandum on 22 June 2021. In which it said, “Banks welcomed this decision. Because the pension slip will help in the claim of income tax, dearness relief payment etc. by the pensioners.
Will work in DR claim
The pension slip will contain details of monthly pension payment and amount deposited and deducted for tax. This information will be useful in respect of payment of Income Tax Dearness Relief by pensioners and in claiming DR arrears.
Slip will be sent to the registered number
Under the new rule, all pension disbursing banks will send pension slips to the pensioners on their registered mobile number after depositing the pension. They will do this work through SMS, WhatsApp and email. All other details including monthly pension paid will be present in the pension slip.
DA can be availed from July
The Central Government is going to give the benefit of Dearness Allowance (DA) approved under the Seventh Pay Commission from July 1, 2021 to 52 lakh employees and more than 65 lakh pensioners. This proposal has been stuck since last year due to the Corona epidemic. But recently the government has confirmed the implementation of Dearness Allowance (DA) and Dearness Relief (DR) withheld in Parliament from next month. Therefore, the employees are expected to get the increased salary from next month. It is believed that DA will be increased from 11% to 28%.
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