Posts

Showing posts with the label POSB CBS Manual(Corrected up to 31/12/2021)

Appendix XII – TDS Submission

Appendix XIII – Payment of Pension to Postal & Telecom Pensioners

  Appendix XIII – Payment of Pension to Postal & Telecom Pensioners   Note 1: As per GSPR 2018, no separate category of pension account will be opened from   18.12.2019 and all existing pension accounts are to be treated / converted as normal PO Savings Account, if the pensioner has no other PO Savings Single Account.   Note 2 : This procedure/provisions are applicable to BSNL/BSNL IDA pensioners also.   (1) New Pensioners: A Postal or Telecom employee about to retire and opting for the scheme will have to furnish a letter of authority and undertaking at Annexure A in favour of Postmaster concerned to receive his/her monthly pension for credit in his/her SB account to the Head of the office along with the pension papers. The letter of authority will indicate the name of the Post Office through which the pensioner wishes to draw his/her pension after retirement. It will also contain an undertaking by the pensioner that any excess payment made towards his/her pension and credit