Monday 9 September 2019

Accounting procedure for crediting the amount withdrawn by the pensioner form PFRDA and interest thereon




PFRDA Office memorandum

Subject: Accounting procedure for crediting the amount withdrawn by the pensioner form PFRDA and interest thereon in to the Government Account for availing benefir of Additional Relief on Death / Disability of the Govt. servant covered under NPS-reg.

11)   Reference have been received from the pay & Account offices for accounting procedure for the NPS corpus deposited by the pensioner/ Family pensioner or received from PFRDA.

22)      O/o CGA vide its UO no. 1(7)(2) /2010/cls/TA/205 Dated 05.08.2019  has suggested the accounting procedure for the amount of the NPS  corpus received form  pensioner/ Family pensioner / PFRDA as under :

A)    The amount received may be deposited into the existing government account of the PAO concern.

B)     The receipt may be accounted for by crediting MH 0071- Contribution and recoveries towards pension and other retirement benefit, 01- civil minor head 101- subscription and contribution. A new subhead accumulated pension wealth in respect of NPS subscribers may got opened under the above head for the purpose, if already not opened.


33)      All the Pr. CCAs/CCAs/CAs/AGs/ Administrators of UTs requested to instruct concerned PAO to follow the account procedure mention above.


(Md. Shahid Kamal Ansari)

Dy. Controller of Accounts


Read full office memorandum below:

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