A big update has come out for pensioners across the country. Actually, a new system has been implemented regarding pension. For this, an agreement has been signed between CMPFO and SBI on Thursday.
After which the pensioners will now be paid in a new way. According to the information, MoU has been signed between CMPFO and SBI on Thursday. After which now the path of pensioners for widow pension and family pension has become easier.
At the same time, now the coal pensioners associated with CMPFO will be paid pension directly from SBI itself. Coal pensioners were paid under the rule. After the death of the pensioners in the account itself, their widow and dependents will continue to be paid on the same pension account. Apart from this, a new system has also been implemented for pensioners. For which it will be mandatory to give the death certificate in the bank. Apart from this, PPOs will be issued in the new format. Which has been started from 1st April 2022.
According to the new update, it has been told that till the detailed information of all the pensioners is not made available to SBI. Till then, pension payments from other banks will continue as before. It was said on the occasion that this is a historic achievement and this achievement will prove to be a milestone in the history of Coal Mines Provident Fund Organisation. For this, a new pension payment order will also be issued from April 1, 2022.
Giving a new update, the officials said that no separate PPO or authorization letter will be required from CMPFO to start family pension by the bank. Also, the payment of family pension will be done under the Pension Disbursing Authority. This process will be started after submitting the required documents to the PDA. The same pension will be paid.
Jeevan Pramaan can be submitted through Jeevan Praman Portal or any branch of State Bank of India it nodal bank including SBI Main Branch Dhanbad. Also, under this process, the information of 5 lakh 69 thousand pensioners present on the banks will be made available to CMPFO in a phased manner.
Apart from this, the details of pensioners and their families including pension and family pension will be available in the new PPO. Also, there will be no need to issue a separate PPO for the same after the death of the pensioner. The family pension will be credited in the same account number. in which pension is paid to the pensioner.
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