Government of India
Ministry
of Communications and Information Technology
Department of Telecommunications
CONTROLLERS OF COMMUNICATION ACCOUNTS (CCA)
Scheme
of disbursement of Pension through Banks
16.
Commutation
of pension
16.1
If the amount of pension is partly commuted in any case, the lumpsum payment
thus becoming due would normally be paid to the pensioner through the
Departmental drawing and disbursing officer.
Where the payment is desired through the Public Sector Banks, the payment
of lumpsum amount of commuted value of pension would be made either on the PPO
itself or through a separate
authority letter.
The
payment authority will be communicated to the concerned paying branch through
the designated Territorial Controller of Communication Accounts in whose
jurisdiction the paying branch falls in the usual manner, as indicated in the
relevant paragraph of the scheme.
On
receipt of the PPO or the payment authority, bearing endorsement of the
designated Territorial Controller of Communication Accounts, the paying branch
will arrange immediate payment of the amount payable by crediting the same to
the account opened by the pensioner for payment of pension, under intimation to
the pensioner.
16.2
While making the payment, the paying branch will :
(i)
enter the date of commutation, i.e. the date on which the amount of
commuted value of pension has actually been credited to the pensioner’s
account, the reduced amount of pension, and the date from which the reduced
pension is payable i.e. the date on which the lumpsum amount has actually been
credited to the pensioner’s account, in the disburser’s portion
of the PPO (as well as in the pensioner’s portion of the PPO at the
earliest opportunity) under its attestation.
In cases where separate authority letter has been received, the number
and date of that letter will also be noted as authority for the payment;
(ii)
intimate to the Designated Territorial Controller of Communication
Accounts (through the Link Branch), the date on which the payment of commuted
portion of pension is credited to the pensioner’s account and the date from
which the payment of reduced pension has commenced, i.e. the date on which the
lumpsum amount of commutation has actually been credited to the pensioner’s
account. The Link branch will also
make appropriate entries in its record i.e.
Index Register etc., on the basis of such intimation.
16.3
For the purpose of obtaining reimbursement etc., the payment made will be
included in the relevant payment scroll and the relevant entry will be
authenticated quoting in the ‘Remarks’ column of the scroll, the number and
date of the Territorial Controller of Communication Accounts endorsement on the
payment authority. (Please also see
note below para 12.2 supra).