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  • Saturday, 18 March 2017

    RTI REPLY FROM CPPC PUNJAB NATIONAL BANK


    RTI REPLY RECEIVED FROM CANARA BANK

    Online RTI Status Form

    Note:Fields marked with * are Mandatory.
    Enter Registration NumberCANBK/R/2017/50153
    NameMBC MENON CHAIRMAN
    Date of filing 17/02/2017
    Public Authority Canara Bank
    StatusREQUEST DISPOSED OF
    Date of action15/03/2017
    Reply :-
    Our CPPC has informed as hereunder -
    1. Total No. of pensioners who has been paid the arrears as per PCDA Cir No. 568 i.e. Delinking of 33 years is 24131.
    2. Total No. of Ex-servicemen pensioners who has not been paid the above said arrears due to non availability of Qualifying Service and Group is 358. Action Plan- We have contacted the Pensioners and Record office and obtained the details such as Qualifying Service and Group and the arrears has been disbursed to all the 358 pensioners. Regarding Interest payment we have adhered to the existing Govt. Guidelines.
    3. Since Complied
    CPIO Details :-CPIO-HO-Babu S Kadam
    Phone: 080-22223175
    babukadam@canarabank.com
    First Appellate Authority Details :-AA-HO-K V Anil
    Phone: 080-22133302
    anilkv@canarabank.com
    Nodal Officer Details :-
    Telephone Number 08022223175
    Email Id babukadam@canarabank.com



    Tuesday, 14 March 2017

    TRANSFER OF PENSION TO BANK OF YOUR CHOICE


    PORTABILITY OF PENSION ACCOUNTS
    Subject: Shifting your pension account from the present Bank to the Bank of your choice: The Steps
    For information of those who may be contemplating changing their Pension Accounts, given below is the sequence, given by a veteran who has just finished the procedure and has now fully understood through hindsight, after personally witnessing what happened at each stage.  (a) The pensioner writes a simple one-page letter to his own branch, stating:
     Dear Sir,
       Sub: Pension Account No. xxxxxxxxxxx 
       I wish to start receiving my pension at XYZ Bank, (give new bank’s name and address) with immediate effect.
     I have opened a joint SB Account No. xxx with my spouse at that branch for this purpose. Please transfer my pension to my new bank.”
        Notes:
       1 No copies need to be sent to anyone else nor any enclosures are required with the above letter. I had enclosed copies of my PPOs and endorsed copies of the entire package to PCDA (P), HDFC Bank and
     Central Pension Processing Centre of SBI. This was later proved to be a waste because none of these agencies took any action on the letter or the copies. Nor was any action needed on their part at that stage.
       2 Your bank most probably will not know what to do with your letter. You have to tell them that they need to convey your request to the Central Pension Processing Centre (CPPC) of your bank, and forward your application to them.
       3 It may be noted that the pension disbursing branches do not have any documents such as PPOs, joint photos etc. with them. These are all now retained at the CPPCs of each bank.
           (b) The CPPC will forward your request back to your bank along with all the PPOs and connected documents, which they initially received from PCDA(P) at the time of first grant of pension when you retired from service.
       (c) Your Bank will now send the entire bundle to your new bank with a request to take necessary action to credit the pension to the pensioner’s account. Please ensure that your old bank sends the Last Pension Certificate along with these documents.
       (d) On receipt of documents, your new bank will send the same to their CPPC.
       (e) Your new bank’s CPPC will examine the papers and may ask for additional undertakings, indemnities etc, as per their protocol. In my case HDFC Bank’s CPPC (not the branch) knew exactly what they
      wanted.
       (f) Your bank’s CPPC will process the papers (mainly to coordinate book transactions and heads of expenditure between treasury and the bank) and then credit your pension directly to your new bank account along with arrears accrued after the last pension was paid to you by the old bank. This takes about 2-3 weeks.
       (g) Though not written anywhere, it is highly advisable to intimate PCDA(P) regarding change of your bankers so that all future PPOs, corrigenda, increments, revisions and DA intimations etc are sent by
     them to your new pension bankers.
       (h) This is also a good opportunity to send the Lifetime Arrears Certificate to your new bankers, CDA(P), AG’S Br etc.
       (i) Please ensure that the account opened at the new bank is a joint account and has a nominee recorded on it.
      (j) Please also complete the formalities of internet banking operation for the new account, and get it linked to other accounts, if any, at the new branch.