Spouse Pension: Joint Account not necessary

Spouse Pension: Joint Account not necessary

Joint account not mandatory

The Union Government has announced that Joint bank account is not mandatory for spouse pension, which is made to ease out the hurdles for all sections of society including retirees and pensioners.

  • The new clarification adds that in case the head of office is satisfied that it is not possible for the retiring government servant to open a joint account with his or her spouse for reasons beyond his or her control, this requirement may be relaxed, an official statement said.
  • All banks disbursing central government pension have been advised that in case the spouse (family pensioner) opts for the existing joint bank account for credit of family pension, banks should not insist on opening a new account.
  • A joint bank account with spouse is however desirable and it is to be opened with their spouse in whose favour an authorisation for family pension exists in the Pension Payment Order (PPO), said the statement issued by the Personnel Ministry.
  • Operation in these accounts would be on “former or survivor” or “either or survivor” basis as desired by the pensioner.
  • The reason for opening of joint bank account is to ensure that family pension may be commenced without any delay and the family pensioner is not subjected to any hardships for opening of a new pension bank account, the statement said.

This also ensures minimum documentation for the family pensioner while submitting request for commencement of family pension.

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