Corporate Compliance 9 September 2026
New Pension Payment Scheme Unveiled for Central Govt Civil Servants
India’s central government has released the sixth edition of its pension payment scheme, detailing procedures for civil pensioners including bank code directories, specimen undertaking letters, and medical expense certificates for former presidents and vice presidents. The update aims to streamline disbursements and ensure compliance with the latest wage code regulations.
Key Points
- The new Scheme for Payment of Pensions (6th edition, 2026) outlines updated processes for central government civil pensioners.
- Includes a comprehensive CPAO Bank Code Directory and a specimen letter of undertaking for pensioners.
- Provides a certificate format for medical expenses of former Presidents and Vice Presidents.
For full details, see the official publication.
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