Disbursement of Old Age, Disability and Widow Pensions

Ministry of Rural Development
Disbursement of Old Age, Disability and Widow Pensions

Posted On: 26 JUL 2018 5:59PM by PIB Delhi

Resolution of technical issues, if and when faced by the Banks, in dealing with assistance being disbursed through them is an ongoing process. No Bank has raised any issue related to any specific training requirement for their human resources for handling the pension issues.

Government has adopted the Direct Benefit Transfer (DBT) Scheme for direct transfer of benefit into the bank/post office accounts of beneficiaries of schemes under National Social Assistance Programme (NSAP). Instructions have been issued to the States for getting the due consent for seeding the Aadhaar details. Instructions also mention that disbursement of pension of any beneficiary could not be affected due to non-availability of Aadhaar number. Further, NSAP guidelines provide that given their physical, social and economic vulnerability, States should ensure that an infirm/old beneficiary will not have to travel far distance to access his/her pension account. As far as possible, for people who cannot cover distance physically, the objective is to provide door step delivery.

Several Banks in many states are using the services of Bank Sakhi's coming from self help groups to provide cost effective solutions for delivery of pensions at home.

This information was provided by the Minister of State for Rural Development, Shri Ram Kripal Yadav today in a written reply to a Lok Sabha question.

PIB

One Rank One Pension gets ex-post facto Cabinet nod

One Rank One Pension gets ex-post facto Cabinet nod

The One Rank One Pension scheme, brought in last November to benefit more than 2.5 million ex- servicemen and war widows, today received ex-post facto approval from the Union Cabinet.

Under the scheme, pension would be revised on the basis of the pension of retirees of calendar year 2013 and the benefit will be effective from July 1, 2014.

In future, the pension would be revised every five years.

“The Union Cabinet has given its ex-post facto approval for implementation of OROP. Financial implications on account of grant of OROP, including pre-matured retiree cases, would be Rs 10,925.11 crore for payment of arrears and annual financial implication would be Rs 7,488.7 crore,” a statement here said.

Information is being gathered for processing on priority basis the cases of 1.15 lakh pensioners after filling in the gaps in information such as the length of service, it said.

Last month, the government had announced that it has credited revised pensionary benefits along with arrears under One Rank-One Pension scheme to more than 2 lakh pensioners drawing service and disability pensions.

PTI