seventh pay fee newest information: Banks to subject pension slip by way of SMS, electronic mail

seventh pay fee newest information: While central authorities pensioners are eagerly ready for his or her Dearness Relief (DR) profit restoration from 1st July 2021 and a optimistic end result from the assembly on twenty sixth June 2021 over the DA and DR arrears cost, there’s a piece of fine information for the retired central authorities staff. In a bid to make sure ‘Ease of Living’ for close to 60 lakh pensioners, the central authorities has directed the pension disbursing banks to subject pension slip to the pensioners with full break up. The heart has additionally requested the banks to subject pension slip by way of SMS on the registered cell variety of the pensioners. Banks are additionally suggested to subject pension slip on the given electronic mail ID of the pensioner and if wanted, they’ll use social media platforms like WhatsApp, and many others. as nicely.

This transfer by the central authorities will allow central authorities retired staff to know the varied seventh pay fee perks, particularly DR and DR arrears. They pension slip will simplify pensioners’ earnings tax compliance as nicely. Sensing the above-mentioned advantages to a pensioner after having a pension slip with full break up, the pension disbursing banks have welcomed the central authorities’s transfer.

The Department of Pension and Pensioners’ Welfare issued Office Memorandum (OM) on this regard citing, “In order to ensure “Ease of Living’ of the Pensioners, a gathering was held with the CPPCs of Pension Disbursing Banks on 15.06.2021, whereby the difficulty of offering the breakup of month-to-month pension to the pensioners was mentioned. The banks have been impressed upon to undertake this welfare measure, as this data is required by pensioners in reference to Income Tax, Dearness Relief cost, DR arrears and many others. The banks welcomed the thought and expressed their willingness to offer the knowledge.”

The Office Memorandum of the Department of Pension and Pensioners’ Welfare additional added, “Accordingly, the undersigned is directed to request all Pension Disbursing Banks to issue pension slip to pensioners after credit of pension on their registered mobile numbers through SMS and email (wherever available) also. Banks may also use social media apps WhatsApp etc in addition to SMS and email. The pension slip should provide complete details of monthly pension paid along with break-up of the amount credited and tax deductions etc. if any.”

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