ANDHRA PRADESH REVISED PENSION RULES, 1980 (As ... - APHB

APNDIX - IX
299
dated 4-3-1989 are deemed to have been brought under this scheme
with effect from 1-1-1998.
2.3. The pensions now being paid through Banks in terms of
G.O.(P).No.299, F & P(FW-PSC.I) Department, dated 22-8-1985
are deemed to have been brought under this scheme with effect
from 1-4-1998, after due reconciliation with the banks by Treasuries.
The Banks shall extend necessary cooperation in furnishing
the uptodate records to the Treasuries.
3. Definitions :-
3.1. Pension Disbursing Authority :- Pension Disbursing Authority for
this purpose shall mean District Treasury Officer/Joint Director of
Pension Payment Officer.
3.2. Government Banks :- “Government Bank” means “State Bank of
India/State Bank of Hyderabad” where Government transaction take
place at District Headquarters as well as in the Twin Cities.
3.3. Link Bank :- “Link Bank” means a Bank situated in Twin Cities/
District Headquarters for co-ordinating the disbursement of pension
through their paying bank branches and who is a member of clearing
house at Twin Cities/District Headquarters as the case may be.
3.4. Paying Bank Branch :- “Paying Bank Branch” means Bank Branch
which disburses the pension amount to the pensioner through Saving
Bank Account.
4. Procedure to be followed by the pensioner :-
4.1. Every pensioner may open a saving/current Bank Account for drawal
of Pensionary benefits with any Bank branch of his choice. However,
there is no objection if the pensioner chooses to draw pension
from an existing savings/current Account in his name, provided
it is not a ‘joint’ or ‘either or survivor’ Account. He shall furnish the
Bank Account Number to the Sub-Treasury office/Assistant Pension
Payment Office concerned in the form in Annexure-I of Appendix-II.
(This para 4.1. was amended as above through G.O.Ms.No.36 Fin &
Plg (FW-PSC) Dept., dt. 19.3.98)