Automatic Restoration of Commutation and payment of Additional Pension

CPAO OM on Automatic Restoration of Commutation and payment of Additional Pension

Dept of Expenditure has issued an OM regarding Automatic Restoration of Commutation and payment of Additional Pension

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF EXPENDITURE

CENTRAL PENSION ACCOUNTING OFFICE

TRIKOOT-II, BHIKAJI CAMA PLACE,

NEW DELHI-110066.

CPAO/IT&Tech/Simplification/2016-17/II.VOL-V /162

31.10.2016

Office Memorandum

Subject: Automatic Restoration of Commutation of pension and payment of Additional
Pension.

Attention is invited to this office OM No. CPAO/Tech/Bank Performance/2015-16/45 dated 02.06.216 para No. (ii) & (iii) followed by minutes of the meeting with all Banks held on 22.08.2016 para II (c) wherein all Banks were advised to restore the commuted portion of pension after 15 years from the date of payment of commutation and pay additional pension on attaining the age of 80 years both automatically. Now, all CPPCs are directed to submit the compliance report of the above instructions by 7th November, 2016 by e-mail on e-mail id [email protected] for onward transmission to DP&PW.

This issues with approval of CC (P)

(Vijay Singh)

Sr. Accounts Officer (IT & Tech)

Download CPAO OM No. CPAO/IT&Tech/ Simplification/2016-17/II.VOL-V /162 dated 31.10.2016