In pursuance of Supreme Courts order the govt has decided to introduce a new method of pension payment. According to this pensions will be credited directly to pensioners accounts maintained with any schedule bank. The purpose in view is to facilitate the pensioners.
A press release of Accountant General, Pakistan Revenue Sub Office, Peshawar said on Saturday that pensioners would have the option to adopt any of the old of new mode of pension payment. An option sheet has been devised for the purpose. The same can be collected from this office or downloaded form the following websites.
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2. www.agpr.gov.pk
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4. Www.agpunjab.gov.pk
The option form is to be sent to the account office which issued the original PPO. Pensioner will have to open an account with any schedule bank. The pensioner shall produce an "Indemnity Bond" to the bank, equal to an amount of six months of pension, or shall authorise the bank to mark lien on his/her account to the extent of six months pension. At the completion of registration process, original PPO will be called back by the issuing Account office, through the bank branch concerned and the bank will initiate the date, from which onward, direct credit will be made into bank accounts. In case of any query one can contact Umara Khan, Assistant Accountant General Focal Person or call 091-9211221.
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