Payment of Additional quantum of pension at the rates approved by the Government of India: CPAO
Payment of Additional quantum of pension at the rates approved by the Government of India: CPAO OM dated 31.03.2022
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMETN OF EXPENDITURE
CENTRAL PENSION ACCOUNTING OFFICE
TRIKOOT-II, BHIKAJI CAMA PLACE,
NEW DELHI-110066
CPAO/IT & Tech/Bank Performance/ 37 Vol. III A/7674/ 213
31.03.2022
Office Memorandum
Subject: Payment of Additional quantum of pension at the rates approved by the Government of India
During the inspection by the Director General of Audit (Finance & Communication), Delhi, it is observed that the CPPCs are paying the additional quantum of pension at different rates than the rates approved by the Government of India.
Attention is invited to DPPW’s OM dated 04.08.2016 wherein the rates of additional quantum of pension are explicitly mentioned. The quantum of pension/family pension to be payable to the old pensioners/family pensioners is as under-
| Age of the pensioner/family pensioner payable | Additional quantum of pension to be payable |
| From 80 years to less than 85 years | 20% of revised basic pension/family pension |
| From 85 years to less than.90 years | 30% of revised basic pension/family pension |
| From 90 years to less than 95 years | 40% of revised basic pension/family pension |
| From 95 years to less than 100 years | 50% of revised basic pension/family pension |
| 100 years or more | 100% of revised basic pension/family pension |
All the Authorised Banks are directed to adhere to the rates mentioned above and ensure strict compliance of the same.
This issues with the approval of the Chief Controller (Pensions).
(Anang Rawat)
(Dy. Controller of Accounts)
To
1. All the Heads of CPPCs of all the Authorised Banks
2. All the Heads of GBDs of Authorised Banks
Source: CPAO

📢 Stay Updated with GConnect
Join our Whatsapp channels for the latest news and job updates:
Join GConnect News Join GConnect JobsGConnect News
GConnect Jobs
You might also like:
Government Warns Departments Over Delayed NPS Contribution Remittances, Directs Strict Compliance with Interest Rules
MHA Issues Comprehensive Guidelines on Singing and Playing the National Anthem and National Song
Railway Board Amends Voluntary Retirement Rules: Permission May Be Withheld in Pending Disciplinary or Judicial Cases
India Post Creates Dedicated Marketing & Sales Vertical to Boost Business Growth and Customer Outreach
MEA Invites Applications from Retired Gazetted Officers for Consultant Posts in Passport Offices; Apply by July 20
Ministry of Health and Family Welfare Invites Applications for Consultant Posts on Contract Basis