Restoration of Commutation of pension and payment of Additional Pension: CPAO seeks compliance report by 7th November, 2016
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
CENTRAL PENSION ACCOUNTING OFFICE
TRIKOOT-II, BHIKAJI CAMA PLACE,
PHONES : 26174596, 26174456, 26174436
Subject: Automatic Restoration of Commutation of pension and payment of Additional Pension.
Attention is invited to this office OM No. CPAO/Tech/Bank Performance/2015-16/45 dated 02.06.216 para No. (ii) & (iii) followed by minutes of the meeting with all Banks held on 21.08.2016 para 11 (c) wherein all Banks were advised to restore the commuted portion of pension after 15 years from the date of payment of commutation and pay additional pension on attaining the age of 80 years both automatically. Now, all CPPCs are directed to submit the compliance report of the above instructions by 7th November, 2016 by e-mail on e-mail id firstname.lastname@example.org for onward transmission to DP&PW.
This issues with approval of CC(P)
Sr. Accounts Office (IT & Tech