PENSION NEWS
7th Pay Commission suggests OROP-type pension for civilian govt employees
Bank fined for not following due recovery procedure (for excess pension)
Digital Certificate for Pensioners Life certificate for pensioners to go digital
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Report of the Seventh Pay Commission (November, 2015) (As on MOF website-19.11.2015)
Highlights of 7th Pay Commission report Ibnlive.com
7th Pay Commission suggests OROP-type pension for civilian govt employees
Livemint.com
Nov 20, 2015
As per the new formulation, there will be parity between pensioners—past and present—with the same length of service and pay scale at the time of retirement …
Bank fined for not following due recovery procedure (for excess pension)
TimesofIndia.indiatimes.com
Oct 3, 2015
CHENNAI: A consumer forum here has fined State Bank of India 30,000 for not following the proper recovery proceedings after inadvertently crediting an excess amount in the pension account of a retired government official. …
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Digital Certificate for Pensioners
New Delhi, Dec 05, 2014
Under the “Digital India Mission” Government of India has launched a Jeevan Pramaan application on 10.11.2014. the facility provides an option to a pensioner to give his life certificate remotely through the Jeevan Pramaan portal (https://jeevanpramaan.gov.in/). Aadhaar Number is used for authentication of pensioners. As a result of this facility the pensioner is not required to present himself before his pension disbursing agency or produce other documents that he is alive. Instructions related to submission and acceptance of ‘Jeevan Pramaan’ as additional mode for submission of life certificate have been issued to all the stakeholders by Controller General of Accounts. The Pension disbursing banks have been directed to implement the new life certification system immediately as an additional mode for submission of life certificate. This was stated by Shri Arun Jaitley, Finance Minister in written reply to a question in the Lok Sabha today. (Source: pib press release)
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