Appendix XIV – Payment of Pension to Railway Pensioners
Translate this page: Appendix XIV – Payment of Pension to Railway Pensioners Note: 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. 1. A Railway employee about to retire and opting for this scheme will have to furnish a letter of authority and undertaking in form at Annexure-1 in favour of the Postmaster concerned to receive his/her monthly pension for credit in his/her Savings account to his/her pension sanctioning authority (FA&CAO/Divisional/Workshop Accounts Officer) along with the application for pension. The letter of authority and undertaking 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 pensioners that any excess payment made towards his/her pension and credited