The Central Government has come through yet again for its retired employees. In an attempt to ensure ‘Ease of Living’ for over 60 lakh pensioners, the Centre has issued a directive to all pension disbursing banks to issue pension slips via the respective mobile numbers of the pensioners.
Keeping in mind the prevailing pandemic conditions, the government has asked banks to forward pension slips via SMS on registered mobile numbers or emails. Banks have also been authorized to use social media platforms like WhatsApp, according to the pensioner’s comfort level. The pension slips will also contain a detailed break-up of the amount.
The latter will help pensioners to know exactly how the perks of the 7th Pay Commission are being applied to their pensions. This will prove useful, especially when calculating Dearness Relief (DR) and DR arrears. The proposed pension slips will also simplify income tax compliance as well. The move has been welcomed by banks who feel that the proposed changes would greatly benefit pensioners.
An Office Memorandum (OM) was officially issued by the Department of Pension and Pensioners’ Welfare in this regard. The OM included the details of a meeting held with the CPPCs of Pension Disbursing Banks on June 15, 2021 and the proposed changes to the pension slips and the method of issuance.
Additionally, the OM also added, “Accordingly, the undersigned is directed to request all Pension Disbursing Banks to issue a pension slip to pensioners after credit of pension on their registered mobile numbers through SMS and email (wherever available) also. Banks may also use social media apps WhatsApp etc. in addition to SMS and email. The pension slip should provide complete details of monthly pension paid along with break-up of the amount credited and tax deductions etc. if any.”
The pension slip will also include smaller details like break-up of the amount credited and tax deductions, etc. The government’s decision will do away with the need for older Central government retirees to make rounds of banks to receive their due. Furthermore, this will ensure that the vulnerable section of our society will be safe in the midst of this global pandemic.