Sunday, August 21, 2016

CPAO: Stepping up of notional full pension w.e.f. 01.01.2006 - Restoration of 1/3rd commuted portion of pension in respect of CPSU/CAB Absorbees



GOVERNMENT OF
MINSTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
CENTRAL PENSION ACCOUNTING OFFICE
TRIKOOT-II, BHIKAJI CAMA PLACE
NEW DELHI-110066

CPAO/IT&Tech/Pre-2006 (PSU)/8 (Vol-VI)/2016-17/105 
9th August, 2016

Office Memorandum

Subject-Restoration of 1/3rd commuted portion of pension in respect of Government servants who had drawn lumpsum payment on absorption in Central Public Sector Undertakings / Central Autonomous Bodies-Stepping up of notional full pension w.e.f. 01.01.2006 for the purpose of Dearness Relief and additional pension for old pensioners.

Taking into consideration DP&PW OM No. 38/37/08-P&PW (A) dated-06.04.2016, instructions were issued for processing of cases of pre-2006 pensioners by delinking of revised pension from qualifying service of 33 years vide this office OM No. CPAO/IT& Tech/ Revision (Pre-2006)/2016-17/11 dated-12th April, 2016 and subsequent OM No. CPAO/IT &Tech/ Revision (Pre-2006)/2016-17/19 dated-27th April, 2016 & OM No. CPAO/IT &Tech/ Revision [Pre-2006)/2016-17/8 Vol-VI/58 dated-13th June, 2016.

Now, DP&PW vide their OM No. 4/38/2008-P&PW (D) dated 04.08.2016 (copy attached) has clarified that the notional full pension of absorbee pensioners would also be revised in accordance with the instructions contained in aforesaid OM dated 06.04.2016 w.e.f. 01.01.2006 and dearness relief and additional pension for old pensioners would be admissible on such notional revised full pension. There will however be no change in the actual 1/3rd restored pension determined in accordance with the OM dated-15.09.2008 read with OM dated-11.07.2013.

All Pr. CCAs/CCAs/ CAs/AGs and Administrators of UTs are requested to instruct their FAQs for sending revisions for such cases as per above instructions. They are also advised to instruct their PAOs to verify the list of PPO numbers for revision provided by CPAO in FAQs login, from their records as to whether these PPO numbers are covered by DP&PW OM dated-06.04.2016. The other cases which are not available in the list provided by CPAO but covered under the OM dated-06.04.2016 are also to be revised. 

This issues with the approval of competent authority.

Encl:-As above 
sd/-
(Vijay Singh)
Sr. Accounts Officer IT Tech)
Post a Comment