#1
8th August 2016, 01:21 PM
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Punjab and Sind Bank Pension Circular
Hello sir I am here as I want to know the Process of Pension Calculation of Central Pension Processing Center (CPPC) of Punjab and Sind Bank so will you please tell me the process??
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#2
8th August 2016, 02:34 PM
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Re: Punjab and Sind Bank Pension Circular
Hey!!! Central Pension Processing Center (CPPC) of Punjab and Sind Bank rocesses all the calculations related to pension as per PPO’s issued by Govt. authorities. Any changes in respect of pension parameters like Basic Pension, DA rates, Revisions are also done by CPPC. The CPPC credits pension directly into pensioners’ accounts once all formalities and obtaining of required papers such as life certificate/undertaking etc are complete. Currently our CPPC is disbursing pension to Central Civil, Telecom and Postal Pensioners. Process of Pension Calculation: The net pension of the pensioners is arrived at by adding the following -Basic Pension -Dearness Relief amount -Medical Allowance -Additional Basic, if applicable -Other Allowances, if any And deducting the following -Commutation amount -Excess Pension Paid, if any For more information Contact: Punjab & Sind Bank Central Pension Processing Centre 1st Floor , Community Center, Jwala Heri, Paschim Vihar New Delhi- 110063 Phone No: 011-25281210 Email: cppc[at]psb.co.in |
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