Timely disbursement of first pension to retired employees of KVS

Timely disbursement of first pension to retired employees of Kendriya Vidyalaya Sangathan: KVS Order dated 24.03.2021

KENDRIYA VIDYALAYA SANGATHAN (HQ)
18, Institutional Area, Saheed Jeet Singh Marg
New Delhi-110016.

F.No. 110230/Misc/2021/KVS(HQ)/P&I

Date-: 24.03.2021

Notice

Subject: Timely disbursement of first pension to retired employees of KVS-regarding.

In the series of various efforts to make the system more effective and efficient, a meeting was held on 05.03.2021 with the SBI officials to discuss the matters related to disbursement of pension to the retired employees of KVS. In the said meeting, the issue of delay in disbursement of first pension was discussed. SBI officials mentioned the following points, which cause delay in release of first pension.

i. Opening of Saving Bank account by the pensioner jointly with some one other than family pensioner.
ii. Non-submission of life certificate and KYC.
iii. Non-availability of mobile number and email id linked with SBI bank account opened for getting pension.
iv. Non-submission of declaration/undertaking regarding overpayment, if any.
v. Non-submission of undertaking in regard to non-availment of medical facilities from other sources.

To avoid any such delay, the retired employees of KVS are advised to do the following which will facilitate the system for early hassle free pension disbursal:-

1. Saving bank account with SBI must be opened in the individual name of pensioner or jointly with the family pensioner only.

2. Mobile number and email ID should be mandatorily linked with pensioners SB~ account and invariably provided alongwith the pension papers/forms.

3. Undertaking for eventuality of any over-payment in “Annexure L’ and declaration regarding release of Fixed Medical Allowance (FMA) should also be submitted alongwith the pension papers/forms.

4. Pensioners should contact the pension payer SBI branch immediately after receiving SMS/email from SBI and submit life certificate and KYC documents to the branch.

Pensioners are welcome for any further query/clarification on email ID [email protected]

Hindi version will follow.

(Satya Narain Gulia)
Joint Commissioner (Fin.)

To all stake holder

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