Payment of revised pension including arears wef 1.1.16

RBA No.55/2018
New Delhi dated 30.05.2018
Principal Financial Advisors,
All Zonal Railways
Sub: Payment of revised pension including arrears w.e.f. 1.1.2016 to the pensioners.
Kindly refer to RBA No.170/2017 dated 30.11.2017 on the above subject. requesting Railways to verify the scrolls received from various Pension Paying Banks to establish that payment of revised pension has commenced in favour of all pensioners for whom revised PPOs have been issued. It is understood that despite lapse of nearly 6 months, revised pension is not being received by many pensioners and the issue is being raised in various Pensioners’ Forums including SCOVA.
Follow up on payment of revised pension by the banks is necessary to take the benefits to the pensioners in a timely manner. Therefore, a special drive may be launched in the EDP centres to reconcile the debit scrolls with the revised PPOs to ascertain the number of cases where payment of revised pension has not yet been initiated by the banks despite issue of revised PPOs. The matter may be taken up with defaulting Banks and a report sent at in the following format by 30th June,2018 for Board’s information:
Position of Revision of Pension cases by Banks
Name of bank Total No. of revised PPOs issued Total No. of cases in which payment of revised pension has commenced Reference made to the Bank for expediting payment to the pensioners as per revised PPOs
Anjali Goyal)
Pr.Executive Director/Accounts
Railway Board
Signed Copy


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