PROCEDURE OF RECOVERY OF EXCESS PAYMENT MADE TO PENSIONERS – BANK SHOULD NOT REFUSE THE PENSION ON THE PRETEXT OF EXCESS PAYMENT/RECOVERIES
Procedure of recovery of excess payment made to pensioners – Bank should not refuse the pension on the pretext of excess payment/recoveries – CPAO ORDER GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF EXPENDITURE CENTRAL PENSION ACCOUNTING OFFICE TRIKOOT-II, BHIKAJI CAMA PLACE, NEW DELHI-110066 CPAO/IT & Tech/SCOVA/20 (Vol-I)/2018-19/20 16.05.2018 Office Memorandum Subject :- Recovery of excess payment made to pensioners. It has been brought to the notice of this office that some Bank branches are refusing to disburse the family pension to the family pensioners until and unless the whole overpaid amount is credited back to the bank. This issue was also highlighted in the Standing Committee of Voluntary Agencies (SCOVA) meeting Chaired by Hon’ble Minister of State of the Ministry of Personnel, Public Grievances & Pensions. In this context, RBI in consultation with Office of the CGA, Ministry of Finance, Deptt. of Expenditure has issued instructions for recovery of excess p...