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Wednesday, October 27, 2021

Family Pension: There will be no delay in getting family pension, these documents will have to be submitted

Family Pension: Many beneficiaries face a big problem in getting family pension and they get the amount late. In order to reduce the time taken by bank branches and conversion of pension to family pension or in cases where co-authorization has been done in PPO (Pension Payment Order), Central Family Pension Accounting Office has A circular is issued. In this circular, a simple procedure has been suggested for issuing family pension. However, it is important for the family pensioner to know which documents should be submitted along with the formats.

In CCS Pension (Rules) 1981, the Scheme for Payment of Pension to Central Government Civil Pensioners by Authorized Banks, Para 24 of the Family Pension is a simple procedure for pension.

Documents required for Family Pension

To get the family pensioned at PPO and fixed rate, some documents will have to be given at the Paying Branch.
1. If the spouse has a joint account with the pensioner, then-

  • Application for family pension
  • A copy of the pensioner’s death certificate
  • Certificate of your age / date of birth
  • An undertaking has to be given that if their account gets more credit than the stipulated amount, it will have to be refunded.

2. If you do not have a joint account with the pensioner
The application for obtaining family pension after the death of a government employee or pensioner is form 14 as prescribed in the CCS Pension Rules. Apart from this, the documents given above will also have to be given.

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Upper limit of family pension has been increased

A few days ago the upper limit of family pension was increased from Rs 45 thousand monthly to Rs 1.25 lakh per month. A related notification was issued by the Department of Pension and Pensioners Welfare under which it was informed that if a child is eligible to take two family pensions after the death of his parents, then how much amount he can get. In Rule 54 of the Central Civil Services (Pension) Rules 1972, sub-rule (11) states that if both the spouses are government employees and are covered under the provisions of this rule, on the death of both, their child will get two family pensions. . Earlier this amount was maximum 45 thousand and 27 thousand rupees per month, which according to the recommendations of the 6th Pay Commission was 50 percent and 30 percent of the maximum payment of 90 thousand rupees.
The maximum pay has now been revised to Rs 2.5 lakh per month in the 7th Pay Commission recommendations, so the amount has also been revised under sub-rule (11) in Rule 54 of the Central Civil Services (Pension) Rules, 1972. According to the amendment, 50 percent of Rs 2.5 lakh, ie 1.25 lakh rupees and 30 percent of 2.5 lakh rupees, has been increased to 75 thousand rupees.

Nisha Chawlahttps://www.businesskhabar.com/
She is an expert in Banking, Finance and working with an international bank. She sharing her ideas and knowledge with Business Khabar.
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