Saturday, 13 January 2018



Thursday, 11 January 2018


S.NoHolidayDateSaka DateDay
SAKA  ERA  1939
1.New Year’s DayJanuary01Pausha11Monday
3.Makar  SankrantiJanuary14Pausha24Sunday
5.Basant Panchami / Sri PanchamiJanuary22Magha02Monday
6.Guru Ravidas ‘s  BirthdayJanuary31Magha11Wednesday
7.Swami DayanandaFebruary10Magha21Saturday
8.Shivaji  JayantiFebruary19Magha30Monday
9.Holika Dahan/DolyatraMarch01Phalguna10Thursday
10.Chaitra Sukladi/GudiMarch18Phalguna27Sunday
11.Ram NavamiMarch25Chaitra04Sunday
12.Easter  SundayApril01Chaitra11Sunday
13.Hazarat Ali’s BirthdayApril01Chaitra11Sunday
15.Vaisakhadi(Bengal) /  Bahag Bihu   (Assam)April15Chaitra25Sunday
16Guru Rabindranath’s birthday May09Vaisakha19Wednesday
17.Jamat-Ul-VidaJune15Jyaishtha 25 Friday
18.Rath YatraJuly14Ashadha23Saturday
19.Parsi New Year’s day /NaurajAugust17Sravana26Friday
20.Onam or Thiru Onam   DayAugust25Bhadra03Saturday
21.Raksha BandhanAugust26Bhadra 04 Sunday
22.wnayaka Chaturthi/ Ganesh ChaturthiSeptember13Bhadra22Thursday
23. Dussehra (Maha Saptami) (Additional)October16Asvina24Tuesday
24.Dussehra (Maha Ashtami) (Additional)October17Asvina25Wednesday
25.Dussehra (Maha Navmi)October18Asvina26Thursday
26.Maharishi Valmiki’s BirthdayOctober24Kartika02Wednesday
27.Karaka Chaturthi (Karva Chouth)October27Kartika05Saturday
28.Deepavali (South India)November06Kartika15Tuesday
29.Naraka ChaturdasiNovember06Kartika15Tuesday
30.Govardhan   PujaNovember08Kartika17Thursday
31.Bhai DujNovember09Kartika18Friday
82.Pratihar Sashthi or Surya
Sashthi (Chhat Puja)
33.Guru Teg Bahadur’s
Martyrdom  Day
34.Christmas EveDecember24Pausha03Monday


S.No. HolidayDateSaka DateDay
1.Republic DayJanuary              26Magha                  06Friday
2.Maha  ShivaratriFebruary                 14Magha                  25Wednesday
3.HoliMarch                   02Phalguna              11 Friday
1940   Saka  Era
4.Mahavir  JayantiMarch                    29Chaitra                  08Thursday
5.Good  Friday March                    30Chaitra                  09Friday
6.Buddha PurnimaApril                       30Vaisakha            10Monday
7. Idu’l FitrJune                       16Jyaishtha         26Saturday
8.Independence day August                    15Sravana              24Wednesday
9.Id-ul-Zuha    (Bakrid)August                   22Sarvana               31Wednesday
10.JanmashtamiSeptember            03Bhadra               12Monday
11.MuharramSeptember           21 Bhadra                  30Friday
12.Mahatma Gandhi’s BirthdayOctober                 02Asvina                    10Tuesday
13.DussehraOctober                 19Asvina                   27 Friday
14.Diwali (Deepavali)November             07Kartika                   16Wednesday
15.Milad-un-Nabi    or Id-e-Milad   (Birthday of Prophet Mohammad)November             21Kartika                 30Wednesday
16.Guru Nanak’s BirthdayNovember             23Agrahayana       02Friday
17.Christmas DayDecember              25Pausha                  04Tuesday

FAQ on Payment of Pension to Government Pensioners

FAQ on Payment of Pension to Government Pensioners (Updated 22.12.2017)

Payment of Pension to Government Pensioners
(Updated as on December 22, 2017)

Scheme for Payment of Pension to Central Government Pensioners by Authorised Banks

Pension schemes/rules are formulated by the respective Central Government Ministries/Departments. A link to some of such schemes are available at www.rbi.org.in under Notifications> Master Circulars>Banker to Banks>Disbursement of Pension by Agency Banks. The Reserve Bank of India (the Reserve Bank) oversees disbursement of pension by its agency banks in respect of all Central Government Departments. In the process, it receives queries/complaints from pensioners in regard to fixation, calculation and payment of pension including revision of pension/Dearness Relief, transfer of pension account from one bank branch to another, etc. The Reserve Bank has analysed the queries/complaints, and put them in the form of answers to Frequently Asked Questions here. It is hoped that these will cover most of the queries/ doubts in the minds of pensioners.

1. Can the pensioner draw his/ her pension through a bank branch?
Yes. Even the Government employees earlier drawing their pension from a treasury or from a post office have the option to draw their pension from the authorized bank’s branches.

2. Who is the pension sanctioning authority?
The Ministry/ Department /Office where the Government servant last served is the pension sanctioning authority. The pension fixation is made by such authority for the first time and thereafter the refixation of pay, if any, is done by the pension paying bank based on the instructions from the concerned Central/ State Government authority.

3. Is it necessary for the pensioner to open a separate pension account for the purpose of crediting his/ her pension in authorized bank?
The pensioner is not required to open a separate pension account. The pension can be credited to his/her existing savings/ current account maintained with the branch selected by the pensioner.

4. Can a pensioner open a Joint Account with his/ her spouse?
Yes. All pensioners of the Central Government Pensioners can open Joint Account with their spouses.

5. Whether Joint Account of the pensioner with spouse can be operated either by ”Former or Survivor” or “Either or Survivor”.
Yes, the Joint Account of the pensioner with spouse can be operated either as ‘‘Former or Survivor” or “Either or Survivor”.

6. Whether a Joint Account can be continued for family pension after death of a pensioner?
Yes, the banks should not insist on opening of a new account in case of Central Government pensioner if the spouse in whose favour an authorization for family pension exists in the Pension Payment Order (PPO) is the survivor and the family pension should be credited to the existing account without opening a new account by the family pensioner for this purpose.

7. What is the minimum balance required to be maintained in the pension account maintained with the banks?
RBI has not stipulated any minimum balance to be maintained in pension accounts by the pensioners. Individual banks have framed their own rules in this regard.

8. Who sends the Pension Payment Orders (PPOs) to the authorized bank?
The concerned pension sanctioning authorities in the Ministries /Departments/ forward the PPOs to bank branches wherefrom the pensioner desires to draw his/her pension. However, on implementation of CPPCs, pension sanctioning authorities have started sending PPOs to the CPPCs of the bank instead of bank branch.

9. When is the pension credited to the pensioner’s account by the paying branch?
The disbursement of pension by the paying branch is spread over the last four working days of the month depending on the convenience of the pension paying branch except for the month of March when the pension is credited on or after the first working day of April.

10. Can a pensioner transfer his/ her pension account from one branch to another branch of the same bank or to the branch of another bank?
Pensioner can transfer his/ her pension account from one branch to another branch of the same bank and from one authorized bank to another authorized bank within the same centre or at a different centre;

11. Whether the paying branch has to maintain a detailed record of pension payments made by it in the prescribed form?
Yes. The pension paying branch/ CPPC is required to maintain a detailed record of pension payments made by it from time to time in the prescribed form duly authenticated by the authorized officer.

12. Can the pension paying bank recover the excess amount credited to the pensioner’s account?
Yes. The paying branch before commencement of pension obtains an undertaking from the pensioner in the prescribed form for this purpose and, therefore, can recover the excess payment made to the pensioner’s account due to delay in receipt of any material information or due to any bonafide error. The bank also has the right to recover the excess amount of pension credited to the deceased pensioner’s account from his/her legal heirs/nominees.

13. Is it compulsory for a pensioner to furnish a Life Certificate/Non-Employment Certificate or Employment Certificate to the bank in the month of November? If so, how can this requirement be complied with?
Yes. The pensioner is required to furnish a Life Certificate / Non – Employment Certificate or Employment Certificate to the bank in the prescribed format in the month of November every year to ensure continued receipt of pension without interruption. The pensioner can also present himself / herself at any branch of the pension paying bank for being identified for issue of life certificate. In case a pensioner is unable to obtain a Life Certificate on account of serious illness / incapacitation, bank official will visit his / her residence / hospital for the purpose of obtaining the life certificate.
There have been complaints that life certificates submitted over the counter of pension paying branches are misplaced causing delay in payment of monthly pensions. In order to alleviate the hardships faced by pensioners, agency banks were instructed to mandatorily issue duly signed acknowledgements. They were also requested to consider entering the receipt of life certificates in their CBS and issue a system generated acknowledgement which would serve the twin purpose of acknowledgement as well as real time updation of records.
A pensioner having Aadhar number can alternatively submit Jeevan Pramaan, a digital life certificate introduced by the Government of India. For obtaining this, he / she will have to enrol and biometrically authenticate himself / herself by downloading the application generating digital life certificate from the website jeevanpramaan.gov.in or other means described on the website. Once digital life certificates in the form of Jeevan Pramaan are fully implemented, pension paying branches will be able to obtain information about the digital life certificate of their pensioner customers by logging on to the website of Jeevan Pramaan and searching for the certificate or by downloading through their Core Banking Systems. Pensioners will also be able to forward to their bank branches by email/sms the relative link to their digital life certificate.

14. Who is responsible for deduction of Income Tax at source from pension payment?
The pension paying bank is responsible for deduction of Income Tax from pension amount in accordance with the rates prescribed by the Income Tax authorities from time to time. While deducting such tax from the pension amount, the paying bank will also allow deductions on account of relief to the pensioner available under the Income Tax Act. The paying branch, in April each year, will also issue to the pensioner a certificate of tax deduction as per the prescribed form. If the pensioner is not liable to pay Income Tax, he should furnish to the pension paying branch, a declaration to that effect in the prescribed form.

15. Can old, sick physically handicapped pensioner who is unable to sign, open pension account or withdraw his/ her pension from the pension account?
A pensioner, who is old, sick or lost both his/her hands and, therefore, cannot sign, can put any mark or thumb/ toe impression on the form for opening of pension account. While withdrawing the pension amount he/she can put thumb/toe impression on the cheque/withdrawal form and it should be identified by two independent witnesses known to the bank one of whom should be a bank official.

16. Can a pensioner withdraw pension from his/ her account when he/she is not able to sign or put thumb/toe impression or unable to be present in the bank?
In such cases, a pensioner can put any mark or impression on the cheque/ withdrawal form and may indicate to the bank as to who would withdraw pension amount from the bank on the basis of cheque/withdrawal form. Such a person should be identified by two independent witnesses. The person who is actually drawing the money from the bank should be asked to furnish his/her specimen signature to the bank.

17. When does the family pension commence?
The family pension commences after the death of the pensioner. The family pension is payable to the person indicated in the PPO on receipt of a death certificate and application from the nominee.

18. How the payment of Dearness Relief at revised rate is to be paid to the pensioners?
Whenever any additional relief on pension/family pension is sanctioned by the Government, the same is intimated to the agency banks for issuing suitable instructions to their pension paying branches for payment of relief at the revised rates to the pensioners without any delay. The orders issued by Government Departments are also hosted on their websites and banks have been advised to watch the latest instructions on the website and act accordingly without waiting for any further orders from RBI in this regard.

19. Can pensioners get pension slips?
Yes. As decided by the Central Government (Civil, Defence & Railways), pension paying banks have been advised to issue pension slips to the pensioners in prescribed form when the pension is paid for the first time and thereafter whenever there is a change in quantum of pension due to revision in basic pension or revision in Dearness Relief.

20. Which authority the pensioner should approach for redressal of his/ her grievances?
Branch/CPPC is the point of referral for the pensioner. Pensioners can approach the nodal officer(s) designated by the respective banks who would be holding regular meetings at different locations in their jurisdiction on lines of Pension Adalat. They can also contact the bank through toll free dedicated pension line of the respective bank to seek information related to their queries/complaints. In case of deficiency in service offered by the bank, pensioner can approach the concerned Consumer Education and Protection Cell at respective Regional Office of RBI and Banking Ombudsman under whose jurisdiction the bank branch, where the pensioner holds the account, falls.

21. Where can a pensioner get information about the changes in the pension/Dearness Relief or any pension related issue?
The pensioner can visit the Official Website of the concerned Government Department as also Reserve Bank of India Website (www.rbi.org.in) to get the information about pension related issues.

22. Whether a pensioner is entitled for any compensation from the agency banks for delayed credit of pension/ arrears of pension?
Yes. A Pensioner is entitled for compensation for delayed credit of pension/arrears thereof at the fixed rate of 8% per annum (since October 1, 2008) and the same would be credited to the pensioner’s account automatically by the bank on the same day when the bank affords delayed credit of such pension / arrears etc. without any claim from the pensioner.
These FAQs are issued by the Reserve Bank of India (The Reserve Bank) for information and general guidance purposes only which cannot be quoted in any legal proceeding and will have no legal purpose. It is not intended to be treated as legal advice or legal opinion. The Reserve Bank will not be held responsible for actions taken and/or decisions made on the basis of the same. For clarifications or interpretations, if any, readers are requested to be guided by the relevant circulars and notifications issued from time to time by the Reserve Bank and the Government.

Virtual Id for Aadhar Card

Amid Security Fears, UIDAI Introduces ‘Virtual ID’ For Aadhaar Cardholders

UIDAI also introduces ‘limited KYC’, under which it will only provide need-based or limited details of a user to an authorised agency that is providing a particular service..

This will give the users the option of not sharing their Aadhaar number at the time of authentication.
The ‘Virtual ID’, which would be a random 16-digit number, together with the biometrics of the user, would give any authorised agency like a mobile company, limited details like name, address and photograph, which are enough for any verification.
Officials said a user could generate as many ‘Virtual IDs’ as he or she wants. The older ID gets automatically cancelled once a fresh one is generated.
‘Limited KYC’
The UIDAI has also introduced ‘limited KYC’, under which it will only provide need-based or limited details of a user to an authorised agency that is providing a particular service, say, a telco.
The ‘Virtual ID’ will be a temporary and revocable number mapped to a person’s Aadhaar number and the Aadhaar-issuing body will start accepting it from March 1, 2018.
From June 1, 2018 it will be compulsory for all agencies that undertake authentication to accept the ‘Virtual IDs’ from the users.
Agencies that do not migrate to the new system to offer this additional option to their users by the stipulated deadline will face financial disincentives.
“An Aadhaar number holder can use ‘Virtual ID’ in lieu of Aadhaar number whenever authentication or KYC services are performed. Authentication may be performed using the ‘Virtual ID’ in a manner similar to using Aadhaar number,” a UIDAI circular said.
The move comes amid heightened concerns around the collection and storage of personal and demographic data of individuals.
People can give their ‘Virtual IDs’ to service agencies along with the fingerprint at the time of authentication. Since the system generated ‘Virtual ID’ will be mapped to an individual’s Aadhaar number itself at the back end, it will do away with the need for the user to share Aadhaar number for authentication.
It will also reduce the collection of Aadhaar numbers by various agencies.
Only users can generate ID
As per the UIDAI, agencies that undertake authentication would not be allowed to generate the ‘Virtual ID’ on behalf of the Aadhaar holder.
The UIDAI is instructing all agencies using its authentication and eKYC services to ensure Aadhaar holders can provide the ‘Virtual ID’ instead of Aadhaar number within their application.
As many as 119 crore biometric identifiers have been issued so far and Aadhaar is required as an identity proof by various government and non-government entities.
For instance, the government has made it mandatory for verifying bank account and PAN to weed out black money and bring unaccounted wealth to book. The same for SIM has been mandated to establish the identity of mobile phone users.
Source: The Hindu.

Monday, 8 January 2018



ANSWERED ON: 05.01.2018

Will the Minister of FINANCE be pleased to state:-

(a) whether the disbursement of Central Government Pension to many beneficiaries have been stopped due to non-linking of same with the Aadhaar number and if so, the details thereof, State/UT-wise including Punjab;

(b) whether the Government proposes to exempt beneficiary patients suffering from leprosy or any other grave disease and hence unable to provide their biometric details and if so, the details thereof and if not, the reasons therefor;

(c) the other steps taken by the Government to facilitate such beneficiaries patients; and

(d) whether the Government is considering some alternative option for such beneficiary patients and if so, the details thereof and the steps taken by the Government in this regard?

The Minister of State in the Ministry of Finance

(a) to (d): The Government has not issued any instructions for stopping disbursement of pension to Central Government pensioner due to non-linking of the pension account with the Aadhaar number.

Instructions have been issued by the Department of Pension and Pensioners’ Welfare (DoP&PW) from time to time that in view of the difficulty faced by old and infirm pensioners, banks should make concrete effort to provide the facility of obtaining life certificate from the premises/ residence of such pensioners. The instructions also provide that in case of sick and infirm pensioners, personal appearance may be exempted if a life certificate in the prescribed form signed by some specified authorities is produced on the behalf of Pensioners.

Further, all Pension Disbursing Banks have also been advised by DoP&PW that where the finger prints of a pensioner are not accepted by the system, the alternate mechanism of biometric, i.e. Iris scanning, may be used in such case. In case, however, it is not possible to have Digital Life Certificate either through finger prints or through Iris scanning, the physical life certificate submitted by the pensioner may be accepted to avoid any harassment to the pensioner. In no case a pensioner should be returned without accepting his life certificate on account of non-acceptance of his biometric by the system.

Constitution of Next Pay Commission - Parliament Q & A

Constitution of Next Pay Commission - Parliament Q & A

Abolish the system of formation of Pay Commission in future?
Government is planning to abolish the system of formation of Pay Commission in future?

Central Government replied that there is no such proposal at present under consideration.

In Lok Sabha on 5th January 2018, A Hon'ble member asked some questions about the Pay Commission and DA Merger as follows...

(a) whether the National Anomaly Committee (NAC) under the 7th Central Pay Commission has submitted its interim report, if so, the details thereof;

(b) whether the Government is planning to abolish the system of formation of Pay Commission in future, if so, the details thereof and the reasons therefor;

(c) whether the Government is considering to adjust the salaries of its employees and pensioners Dearness Allowance (DA) that crosses the 50 per cent mark, if so, the details thereof and if not, the reasons therefor; and

(d) whether the Department of Expenditure planning to take the responsibility to regularly monitor salaries and allowances of central government employees and recommend the changes if needed, if so, the details thereof and the reasons therefor?

The Minister of State for Finance Shri P.Radhakrishnan replied that the National Anomaly Committee set up by the Department of Personnel & Training in August, 2016 following the decision of the Government on the recommendations of the 7th Central Pay Commission has not yet met.

(b) to (d): No such proposals are at present under consideration.