There is no need for central government employees to visit banks to to activate the first payment of pension. The Personnel Ministry in a recent order issued to all central government departments has said, the copy of the Pension Payment Order, PPO, will be handed over to the government employees at the time of their retirement. The rules also provide for an undertaking to be submitted by the retiring government servants or pensioners to the disbursing banks before the commencement of their pensions. <br/><br/>The order said, after ascertaining that the bank's copy of PPO has been dispatched by the Central Pension Accounting Office, the pensioner's copy is to be handed over to him at the time of retirement along with other retirement dues. It said, an employee posted at a location away from the head of office, or who for any other reasons feels that it would be more convenient to him to obtain his copy of the PPO from the bank, may inform the head of office of his option in writingwhile submitting his pension papers.'<br/><br/>The pension gets delayed either due to the delay in receipt of intimation by the pensioner that relevant papers have reached the bank or because of delay on the part of the pensioner in approaching the bank for submission of undertaking. '<br/><br/>There are about 48 lakh central government employees and about 53 lakh pensioners.'

There is no need for central government employees to visit banks to to activate the first payment of pension. The Personnel Ministry in a recent order issued to all central government departments has said, the copy of the Pension Payment Order, PPO, will be handed over to the government employees at the time of their retirement. The rules also provide for an undertaking to be submitted by the retiring government servants or pensioners to the disbursing banks before the commencement of their pensions. <br/><br/>The order said, after ascertaining that the bank's copy of PPO has been dispatched by the Central Pension Accounting Office, the pensioner's copy is to be handed over to him at the time of retirement along with other retirement dues. It said, an employee posted at a location away from the head of office, or who for any other reasons feels that it would be more convenient to him to obtain his copy of the PPO from the bank, may inform the head of office of his option in writingwhile submitting his pension papers.'<br/><br/>The pension gets delayed either due to the delay in receipt of intimation by the pensioner that relevant papers have reached the bank or because of delay on the part of the pensioner in approaching the bank for submission of undertaking. '<br/><br/>There are about 48 lakh central government employees and about 53 lakh pensioners.'