Head of Accounts for Invalid Disability or Family Pension under National Pension System: CGA

Invalid Disability or Family Pension under National Pension System: CGA OM No 640A Dated 01st September 2021 regarding Heads of Accounts 

File No: TA-3-6/3/2020-TA-III/4308/640-A
Ministry of Finance
Department of Expenditure
Office of Controller General of Accounts
Mahalekha Niyantrak Bhawan
E-Block, GPO Complex, INA,
New Delhi

OFFICE MEMORANDUM

Consequent upon issue of notification regarding framing Central Civil Services (Implementation of NPS) Rules, 2021 by Department of Pension & Pensioners Welfare, vide G.S.R. 227(E) dated 30.03.2021}, the head of accounts for making payment of invalid pension/disability pension or family pension on death of a Government Servant under National Pension System is suggested as below: 

i. Adjustment of Employees contribution and return thereon: Amount remitted by PFRDA may be credited under following head of account for making the payment of the same to the employee/family of the employee as per notification dated 30.3.2021. The same head of account will be debited after making the payment to the employee/family of the employee.

MH-8443 Civil Deposits
Minor head-800 Other Deposits
Sub Head-XX-Money remitted by PFRDA (Employee contribution and return thereon).
(This new subhead shal] be opened by CGA office (DAMA Section) to ensure uniformity across all accounting organizations).

ii. Adjustment of Govt. contribution remitted by PFRDA:
To be accounted for as (-) Dr under following head of accounts:
Major Head 2071-Pension and other Retirement Benefits.
Sub Major Head-01-Civil .
Minor Head-91 1-Deduct Recoveries of over payment
Object Head- 70-Deduct Recoveries. 

iii. Adjustment of return on Govt. contribution: Amount remitted by PFRDA may be accounted for by crediting the amount to Govt. account under following head of accounts:
MH 0071-Contributions and Recoveries towards Pension and other Retirement Benefits
Sub Major Head- 01-Civil
Minor Head-800-Other Receipts
Sub Head-XX-Money remitted by PFRDA (return on Government contribution).
(This new subhead shall be opened by CGA office (DAMA Section) to ensure uniformity across all accounting organizations).

(Ashish Kumar Singh)
Dy. Controller General of Accounts

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