Pension Scheme: The central government has announced major reforms to ensure timely pension and retirement benefits for retiring central civil service employees.
These new rules aim to ensure timely pension payments, the issuance of PPOs (Pension Payment Orders), and the transparency and expediency of the entire process through digital platforms.
Key highlights of the new guidelines-
1. Pension will not be stopped due to delay in vigilance clearance
Clarifying the rules, it states that no employee’s pension will be delayed due to a lack of vigilance clearance. All ministries/departments must ensure that vigilance clearance is issued at least three months before retirement.
2. Monitoring and technical improvements on Bhavishya portal
The Bhavishya portal, which tracks pension processing, will be further strengthened. It will feature auto-flagging and auto-escalation to ensure that no case remains pending beyond the stipulated timeframe.
3. Appointment of Pension Mitra
A pension friend, or welfare officer, will be appointed for each retiring employee. This officer will assist with all forms and formalities and will assist dependents in the event of the pensioner’s death.
4. Deadlines are set
The PPO or e-PPO will be issued 60 days prior to retirement. Retirement benefits will be paid the day after retirement. Employees will receive their first pension by the last day of the month following retirement.
5. Digital and administrative reforms
Service records will be fully digitized. Bhavishya and e-HRMS platforms will be universally used to reduce errors and delays. High-Level Oversight Committees (HLOCs) will be established in all ministries and departments, along with monitoring officers and pension disbursing banks. Business process re-engineering and e-PPO have been mandated throughout the process.
Benefits for employees
Manjit Singh Patel, president of the All India NPS Employees Federation, said these steps will be a great relief for employees and will virtually eliminate the problem of pension delays. With the implementation of these new guidelines, retiring central government employees will now be able to receive their pensions and other retirement benefits quickly, transparently, and within a timely manner.
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
Add businessleague.in as a Preferred Source
