Pension Processes / Payments Simplified
The Government of the Punjab as one of its reform initiatives has simplified the process for the grant of pension, as well as its monthly disbursements, through computerized pension-roll by direct credit to the respective bank account.
The new procedure, effective 1st January, 2013, entails a one page sanction orders to be issued by the Pension Sanctioning Authority, replacing the age old voluminous paper work. The new system is pensioner friendly and approaches the retiring civil servant instead of the retiree running after his case.
Using innovative I. T. based solutions the pensioners would be spared the agony of visiting the treasury officer from personal appearance, beside submission of vouchers for drawal of monthly pension. The pension shall be paid automatically into the bank account of the pensioner ever month in any bank branch of his / her choice, and can be accessed through ATM / Debt Cards.
This revolutionary step of the Punjab Government is transparent and risk free and would amellorate the difficulties of the pensioners forging a seamless transition of retiring a civil servant from pay-roll to pension-roll. It adds another milestone to the visionary leadership of the Chief Minister, Punjab.