Showing posts with label Accounting procedure for crediting the amount withdrawn by the pensioner form PFRDA and interest thereon. Show all posts
Showing posts with label Accounting procedure for crediting the amount withdrawn by the pensioner form PFRDA and interest thereon. Show all posts

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Accounting procedure for crediting the amount withdrawn by the pensioner form PFRDA and interest thereon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Subject: Accounting procedure for crediting the amount withdrawn by the pensioner form PFRDA and interest thereon in to the Government Account for availing benefir of Additional Relief on Death / Disability of the Govt.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