7th Pay Commission, 7th CPC Latest News: The central government has good news for about 60 lakh pensioners. The government has directed the pension disbursing banks to issue pension slips to the pensioners with a complete breakup. Along with this, the Center has asked banks to send pension slips to the registered mobile numbers of pensioners through SMS and email IDs.
7th Pay Commission, 7th CPC Latest News: Central government pensioners are eagerly waiting for their Dearness Relief (DR) restoration from 1st July 2021 and positive results are expected from 26th June 2021 meeting on DA and DR arrears payment. At the same time, there is another good news for the retired employees of the Central Government.
To guarantee ‘simplicity of living’ for around 60 lakh retired people, the focal government has guided the annuity dispensing banks to give benefits slips to the beneficiaries with complete separation. The Center has asked banks to send pension slips to the registered mobile numbers of pensioners through SMS and email IDs. Banks have also been advised to use social media platforms like WhatsApp if necessary.
Knowing about DR and DR arrears will help
This move of the central government will help the retired employees of the central government to know about various 7th pay commission allowances, especially DR and DR arrears. Pension slips will also ease income tax compliance of pensioners. Realizing the benefits of pension slips with complete breakup to pensioners, pension disbursing banks have welcomed this move of the central government.
Banks welcomed the decision
The Department of Pensions and Pensioners while issuing the Office Memorandum (OM) in this regard said, in order to ease the life of the pensioners, a meeting was held on 15.06. The issue of giving details of monthly pension was discussed. Banks were impressed to take this welfare measure. Because this information is necessary by the pensioners in relation to income tax, DR payment, DR area etc. Banks have welcomed the move.
There will be a complete breakup in the pension slip
It further states that the pension slip should contain the complete details of the monthly pension. In this, a complete breakup of the amount deposited in the account and tax deduction etc. should be given.