INDIAN No.IIrR/F&A/ Bq FINANCE & ACCOUNT OFFICE INSTITUTE OF TECHNOLOGY ROORKEE Dated: May Zq, 2OLL In compliance of Office Memorandum No. CpAO/Tech/ Amendments/sch.Book/2005-06/69 dated 09-06-2005, issued by the Ministry of Finance, Department of Expenditure,' Central pension Accountingoffice, New Delhi, the Director is pleased to approve the payment of Pension into a Joint BankAccount (Savings/Current) operated by the Pensioner with his/her spouse. The Pensioners who are already getting their Pension in a singly operated Bank Account may also avail this facility by filling-up the application-cum-undertaking proforma attachedherewith.However, this can be done only in favourof the spouse whosename is mentioned as the family pensioner in the PPO. Encl : Application-cum-undertaking Form. Col.(Retd.) Registrar Copy to: 1. All Deans 2. All Heads of the Departments/Offices/Centersfor circulation amonggJ the faculty 3. 4. 5. memberVEmployees. All Professors-i n-charge. Registrar. Dy. Registrar, Pension Cellwith the remarks that the application-cum-undertaking form should be attached alongwith the booklet of pension application form. 6. All Dy. Registrars/ Asstt. Registrars. 7. P.S.to Director for Director's kind information. B. Supptt.to Dy. Director for Dy. Director's kind information. 9. General Section. 10.Notification File.
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INDIAN
No.IIrR/F&A/ Bq
FINANCE & ACCOUNT OFFICEINSTITUTE OF TECHNOLOGY ROORKEE
Dated: May Zq, 2OLL
In compliance of Off ice Memorandum No. CpAO/Tech/
Amendments/sch.Book/2005-06/69 dated 09-06-2005, issued by theMinistry of Finance, Department of Expenditure, ' Central pension
Accounting office, New Delhi, the Director is pleased to approve thepayment of Pension into a Joint Bank Account (Savings/Current) operatedby the Pensioner with his/her spouse.
The Pensioners who are already gett ing their Pension in a singlyoperated Bank Account may also avai l this faci l i ty by f i l l ing-up theappl icat ion-cum-undertaking proforma attached herewith. However, thiscan be done only in favour of the spouse whose name is mentioned as thefamily pensioner in the PPO.
1. A l l Deans2. All Heads of the Departments/Offices/Centers for circulation amonggJ the faculty
3 .4 .5 .
memberVEmployees.All Professors-i n-charge.Registrar.Dy. Registrar, Pension Cell with the remarks that the application-cum-undertakingform should be attached along with the booklet of pension application form.
6. All Dy. Registrars/ Asstt. Registrars.7. P.S. to Director for Director's kind information.B. Supptt. to Dy. Director for Dy. Director's kind information.9. General Section.10. Notif ication File.
(Proforma to be filled-in by the pensioner in case he/ she wants payment of pension into joint bank account operated jointly with spouse)
To Registrar I.I.T. Roorkee
Sub:- Payment of pension into SBI Joint Bank Account No. Dear Sir, I wish to receive my pension by getting it credited to the saving/current bank account no. as mentioned above, which is operated jointly in SBI by me and my spouse, Mr./Mrs.___________________________________________in whose favour an authorization for family pension will be there in the Pension Payment Order (PPO).
I have read and understood the contents of the Government of India, Ministry of Finance, Department of Expenditure. Central Pension Accounting office OM No.CPAO/Tech/Amendments/Sch. Book/2005-06/69 dated 09.06.2005 which contains the following terms and conditions:
(a) Once the pension has been credited into a pensioner’s bank account, liability of IIT Roorkee/bank ceases. No further liability arises, even if the amount is wrongly drawn by the spouse.
(b) As pension is payable only during the life of a pensioner, his/her death shall be intimated to IIT Roorkee at the earliest and in any case within one month of the demise, so that the institute does not continue crediting monthly pension to the joint account with the spouse, after the death of the pensioner. If, however, any amount has been wrongly credited to the joint account, it shall be recoverable from the joint account and/or any other account held by the pensioner/spouse either individually or jointly. The legal heirs, successors, executors etc., shall also be liable to refund any amount, which has been wrongly credited to the joint account.
(c) Payment of Arrears of Pensions (nomination) Rules, 1983 would continue to be applicable to the joint account with pensioner’s spouse. Thus, if there is an ‘accepted nomination’ in accordance with Rule 5 and 6 of these Rules, arrears mentioned in the Rules will be payable to the nominee.
(Name of Pensioner) (Signature of Pensioner)
(Name of Spouse) (Signature of Spouse)
PENSIONER NUMBER : _________________________________
OLD BANK A/c No:__________________________________
MOBILE/ PHONE NO :__________________________________
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