Invalid Disability or Family Pension under National Pension System: CGA OM No 640A Dated 01st September 2021 regarding Heads of Accounts
File No: TA-3-6/3/2020-TA-III/4308/640-A
Ministry of Finance
Department of Expenditure
Office of Controller General of Accounts
Mahalekha Niyantrak Bhawan
E-Block, GPO Complex, INA,
New Delhi
OFFICE MEMORANDUM
Consequent upon issue of notification regarding framing Central Civil Services (Implementation of NPS) Rules, 2021 by Department of Pension & Pensioners Welfare, vide G.S.R. 227(E) dated 30.03.2021}, the head of accounts for making payment of invalid pension/disability pension or family pension on death of a Government Servant under National Pension System is suggested as below:
i. Adjustment of Employees contribution and return thereon: Amount remitted by PFRDA may be credited under following head of account for making the payment of the same to the employee/family of the employee as per notification dated 30.3.2021. The same head of account will be debited after making the payment to the employee/family of the employee.
MH-8443 Civil Deposits
Minor head-800 Other Deposits
Sub Head-XX-Money remitted by PFRDA (Employee contribution and return thereon).
(This new subhead shal] be opened by CGA office (DAMA Section) to ensure uniformity across all accounting organizations).
ii. Adjustment of Govt. contribution remitted by PFRDA:
To be accounted for as (-) Dr under following head of accounts:
Major Head 2071-Pension and other Retirement Benefits.
Sub Major Head-01-Civil .
Minor Head-91 1-Deduct Recoveries of over payment
Object Head- 70-Deduct Recoveries.
iii. Adjustment of return on Govt. contribution: Amount remitted by PFRDA may be accounted for by crediting the amount to Govt. account under following head of accounts:
MH 0071-Contributions and Recoveries towards Pension and other Retirement Benefits
Sub Major Head- 01-Civil
Minor Head-800-Other Receipts
Sub Head-XX-Money remitted by PFRDA (return on Government contribution).
(This new subhead shall be opened by CGA office (DAMA Section) to ensure uniformity across all accounting organizations).
Also Read: Rule 10 of CCS NPS Rules 2021. Option to avail benefits on death or invalidation or disability of Subscriber during service.
(Ashish Kumar Singh)
Dy. Controller General of Accounts