Saturday, 12 November 2016

Pensioners can open Pension Account in Authorised Banks without any State Jurisdiction: CPAO Clarification

Pensioners can open a Pension Account with any CBS branch of any of the authorized banks without any state jurisdiction
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
CENTRAL PENSION ACCOUNTING OFFICE
TRIKOOT-II, BHIKAJI CAMA PLACE,
NEW DELHI-110066
PHONES : 26174596, 26174456, 26174438

CPAO/IT&Tech/Amend. Sch. Book/9.Vol-VII/2016-17/ 165
7th November, 2016
Office Memorandum

Subject:- Removal of state-wise jurisdiction of Banks for disbursement of Central Government (Civil) Pensioners: Clarification regarding.

In pursuance of Accounting and Operating Procedure for Central Pension Processing Centre of Authorised Banks for Pension Disbursement to Central Government (Civil) pensioners issued by CAPO vide F.No. CPAO/Tech/CPPC/ Guidelines /2011-12/29 in February, 2012, all banks were allowed to establish a Central Pension Processing Centre (CPPC) for disbursement of Central Civil Pension through any of their CBS enabled branch.

2. As clarifications in this regard are still sought by banks etc, it is reiterated that any retiring employee / pensioner can open a Pension Account with any CBS enabled branch of any of the authorized banks without any state jurisdiction. A list of Authorised Banks is attached (Annexure).

This issues with the approval of O/o Controller General of Accounts

Encl:- As above
Sd/-
(Vijay Singh)
Sr. Accounts Officer (IT & Tech)
Ph. No.011-26166758

Source:-http://cpao.nic.in

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