Establishment of Central Pension Processing Centre in all Public Sector Bank: Dispatch of PPOs to CPPC instead of Link Branches.
Circular No – 162
O/O The PCDA (P) – Alld.
Date : 03.08.2012
The General Manager
(Accounts & Government Transaction)
United Bank of India
Head Office, 4th Floor
11, Hemanta Basu Sarni
Kolkata – 700001
Sub:- Establishment of Central Pension Processing Centre in all Public Sector Bank: Dispatch of PPOs to CPPC instead of Link Branches.
Ref:- Your letter No-GT/Pension Payment -SWS/881/125/2012-13, dated – 05.07.2012
Consequent upon establishment of Central Pension Processing Centre by your Bank, it has been decided that PPOs notified w.e.f. 01.09.2012 by Pension Sanctioning Authorities in favour of your Bank, shall be dispatched to CPPC, instead of Link Branches, directly by Pension Sanctioning Authorities in r/o commissioned officer & their family and through concerned Record Offices/ Head Offices in respect of PBOR & their family/ Defence Civilian & their family.
Also read - HRA Loss Calculator
On switching over the dispatch of PPOs from Link Branches to CPPC, there is a need to familiarize the CPPC about checks to be observed/ exercised before making first payment which was hitherto been exercised by link branches. Therefore a copy of this office circular No. 113 dt- 27/05/2005 is enclosed herewith which will help the CPPC in establishing genuineness of PPO as well as to avoid fraudulent payment of pensionery benefit to imposters on fake PPOs. Specimen signature of officers authorized to sign PPO for the year 2012 and block PPO series is also enclosed.
In view of the above, it is requested that checks provided in check list annexed with this office circular No. 113 dt. 27/05/2005 may invariably be exercised/observed before releasing first payment of defence pension including amount of gratuity and commutation etc.
Further it is advised that the CPPC has to be got nominated as Nodal Branch from RBI for claiming reimbursement of Defence Pension Payment from CAS, RBI Nagpur.
Addl. CDA (P)