Banks will now provide monthly pension slips to Central Government retirees which will include the monthly pension amount paid, as well as the breakdown of the amount credited to a savings or current account maintained by a pensioner and specifics of tax deductions. On the 15th of June 2021, the Central Pension Processing Centres (CPPCs) of the pension disbursing institutions made an announcement that banks will now provide the pension slip to individuals by SMS, email, or even WhatsApp.
According to the official memorandum issued by the Ministry of Personnel, Public Grievances and Pensions and Department of Pension and Pensioners' Welfare it is declared that "In order to ensure "Ease of Living' of the Pensioners, a meeting was held with the CPPCs of Pension Disbursing Banks on 15.06.2021, wherein the issue of providing the breakup of monthly pension to the pensioners was discussed. The banks were impressed upon to undertake this welfare measure, as this information is required by pensioners in connection with Income Tax, Dearness Relief payment, DR arrears etc. The banks welcomed the idea and expressed their willingness to provide the information"
The O.M. further added that "Accordingly, the undersigned is directed to request all Pension Disbursing Banks to issue pension slip to pensioners after the credit of pension on their registered mobile numbers through SMS and email (wherever available) also. Banks may also use social media apps WhatsApp etc in addition to SMS and email. The pension slip should provide complete details of monthly pension paid along with a break-up of the amount credited and tax deductions etc. if any. The CPPCs of Pension Disbursing Banks are requested to ensure compliance of the above instructions for improving the "Ease of Living" for pensioners."
During the current wave of COVID-19 and its resulting lockdown across the country, the above announcement ahead of DA and DR restoration is a welcome relief to pensioners to get pension slip from the comfort of their home.