NEW PENSION SYSTEM – Contributory Pension Scheme – DA arrears credited to CSS – Clearing of DA arrears of CPS employees, which were hitherto credited to CSS – Orders – Issued.
(a.) Out of DA arrears drawn and credited to the CSS account earlier in respect of the employees covered under the New Pension System 90% shall be paid in cash to the employees concerned and balance 10%
shall be credited to CPS head of account along with Government contribution .
(b.) In case, where the CPS deductions are not affected from the date of joining of the Government servant concerned in pursuance of the instructions issued earlier or where there are deductions still due to be
made for some months, it shall be made out of the above said 90% amount ordered to be paid in cash and only the balance amount shall be paid in cash.
(c.) Interest on the amount outstanding in CSS account of each employee till such adjustment, shall be calculated @ 8% for actual period of such deposit and paid to the employee concerned in cash. 6. In the Government orders issued from time to time revising
GO MS NO : 22 Dated : 22-01-2013
(a.) Out of DA arrears drawn and credited to the CSS account earlier in respect of the employees covered under the New Pension System 90% shall be paid in cash to the employees concerned and balance 10%
shall be credited to CPS head of account along with Government contribution .
(b.) In case, where the CPS deductions are not affected from the date of joining of the Government servant concerned in pursuance of the instructions issued earlier or where there are deductions still due to be
made for some months, it shall be made out of the above said 90% amount ordered to be paid in cash and only the balance amount shall be paid in cash.
(c.) Interest on the amount outstanding in CSS account of each employee till such adjustment, shall be calculated @ 8% for actual period of such deposit and paid to the employee concerned in cash. 6. In the Government orders issued from time to time revising
GO MS NO : 22 Dated : 22-01-2013
The issued GO says Da arrears credited to CSS can be drawn.
ReplyDeleteBut wat abOut...
1.PRC 2005 Kept in abeyanCe amounts credited to CSS?
2.IR adjustments which were credited to CSS?
3.PRC 2010 arrears which were credited to CSS?
In whiCh way shall we understanD? The issued GO mentiOned Only abOut DA arrears n da same Only may be aDjusted or it may be taken granted to adjust any amounts credited to CSS other dan DA arrears?