Payment of Pension to Government Pensioners – Frequently Asked Questions: Issued by RBI updated as on April 3, 2023
Payment of Pension to Government Pensioners – Frequently Asked Questions: Issued by RBI updated as on April 3, 2023 FREQUENTLY ASKED QUESTIONS Payment of Pension to Government Pensioners (Updated as on April 3, 2023) Scheme for Payment of Pension to Central Government Pensioners by Authorised Banks Payment of pension to retired government employees, including payment of basic pension, increased Dearness Relief (DR), and other benefits as and when announced by the governments, is governed by the relevant schemes prepared by concerned Ministries/Departments of the Government of India and State Governments. RBI has issued certain instructions in this regard which is available in the Master Circular – Disbursement of Government Pension by Agency Banks dated April 03, 2023 . Clarifications, in the form of questions and answers, on certain issues related to the instructions issued by RBI is given below. 1. Whether a Joint Account can be continued for family pension after death of ...