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    Union Railway Minister Ashwini Vaishnaw Flags Off Bengaluru–Mumbai Express Train Strengthening Rail Connectivity Between Karnataka and Maharashtra

    Air India rationalises international route network through August 2026, to continue operating 1,200+ international flights every month .

    Roche receives CE mark for new blood test to detect Alzheimer’s pathology: Elecsys® plasma phosphorylated-tau 217 (pTau217).

    DKMS Foundation Hosts ‘Lifesaver Honours Night’ to Celebrate Changemakers in the Fight Against Blood Cancer.

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  • Home
  • World

    Air India rationalises international route network through August 2026, to continue operating 1,200+ international flights every month .

    Global health gains face threat of reversal .

    IBM Launches Sports Tech Startup Challenge at Web Summit Vancouver .

    The AI Reckoning: 73% of Executives Report Underwhelming ROI from AI Efforts as Focus Shifts from Hype to High-Stakes Pressure Testing

    NFP, an Aon company, Expands Private Wealth Offering with Acquisition of Metis Ireland

    Roche receives CE mark for new blood test to detect Alzheimer’s pathology: Elecsys® plasma phosphorylated-tau 217 (pTau217).

  • National
    • All
    • Economy & Politics
    • Election

    Lulu Hypermarket NOW OPEN AT GOPALAN GRAND MALL ,Old Madras Road,Bengaluru.

    Gautam Adani Launches ₹150 Crore Rural Vision Care Initiative in Bihar with Capacity for 3.3 Lakh Surgeries Annually, Commits An Additional ₹500 Crore for Nationwide Expansion .

    Union Railway Minister Ashwini Vaishnaw Flags Off Bengaluru–Mumbai Express Train Strengthening Rail Connectivity Between Karnataka and Maharashtra

    The Superfood Sweetener .

    Invitation to apply for Home Guard membership registration.

    HCL Jigsaw Opens Registrations for 7th Edition with Rs 12 Lakh Prize Pool, Reimagines Innovation Learning for Students.

  • Business

    Tata Steel reports Consolidated EBITDA of Rs 34,848 crores and Profit after Tax of Rs 10,886 crores for the twelve months ended March 31, 2026.

    We have delivered a resilient fiscal 2026 amidst an adverse policy in a salient state.”-Mr. Praveen Someshwar, CEO & MD.

    JLR DELIVERS SIGNIFICANTLY IMPROVED Q4 PERFORMANCE IN CHALLENGING YEAR .

  • Health

    The Superfood Sweetener .

    Global health gains face threat of reversal .

    Roche receives CE mark for new blood test to detect Alzheimer’s pathology: Elecsys® plasma phosphorylated-tau 217 (pTau217).

    DKMS Foundation Hosts ‘Lifesaver Honours Night’ to Celebrate Changemakers in the Fight Against Blood Cancer.

    DKMS Foundation India Launches Free HLA Typing for Children with Thalassaemia.

    Dr. Mansukh Mandaviya to inaugurate 100-bedded ESIC Hospital at Doddaballapur, Karnataka on 3rd May

  • Technology
    • All
    • Environment
    • Science

    AI-Powered Financial Inclusion in India

    The AI Reckoning: 73% of Executives Report Underwhelming ROI from AI Efforts as Focus Shifts from Hype to High-Stakes Pressure Testing

    Roche receives CE mark for new blood test to detect Alzheimer’s pathology: Elecsys® plasma phosphorylated-tau 217 (pTau217).

    India’s AI Boom Faces Reality Check as ROI and Governance Lag: ISACA Report.

    CAQM conducts inspection drive in Noida, directs Intensified Mitigation and Strict Enforcement

    National Health Authority concludes AB PM-JAY Auto-Adjudication Hackathon Showcase 2026 at IISc Bengaluru; winning teams awarded

  • Auto

    Tata Motors Passenger Vehicles Limited (formerly Tata Motors Limited) Consolidated Q4 FY26 Results.

    Tata Motors Passenger Vehicles introduces AMT in the Altroz iCNG.

    JLR DELIVERS SIGNIFICANTLY IMPROVED Q4 PERFORMANCE IN CHALLENGING YEAR .

    Tata Motors Limited (formerly TML Commercial Vehicles Ltd.) Q4 & full year FY26 Results.

  • Sports

    8 Indians in main draw as SM Krishna Memorial Open begins new Challenger era.

    Bombay Shirt Company and JioStar Unite to Bring a Fresh Take to ‘On-Air Styling’ for India’s Biggest Summer Cricket Broadcast.

    Macneil Noronha named replacement for injured Ramakrishna Ghosh.

    9th Edition of Save Water Cup 2026 Inaugurated at Gopalan Cricket Ground.

  • Entertainment

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

  • Lifestyle
    • All
    • Food
    • Travel

    Lulu Hypermarket NOW OPEN AT GOPALAN GRAND MALL ,Old Madras Road,Bengaluru.

    Union Railway Minister Ashwini Vaishnaw Flags Off Bengaluru–Mumbai Express Train Strengthening Rail Connectivity Between Karnataka and Maharashtra

    Air India rationalises international route network through August 2026, to continue operating 1,200+ international flights every month .

    Roche receives CE mark for new blood test to detect Alzheimer’s pathology: Elecsys® plasma phosphorylated-tau 217 (pTau217).

    DKMS Foundation Hosts ‘Lifesaver Honours Night’ to Celebrate Changemakers in the Fight Against Blood Cancer.

    Jammu Directly Linked with Kashmir via Passenger Train for the First Time .

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Home Business

Joint Bank Account not mandatory for Spouse Pension

by FWM
November 21, 2021
in Business
0
20 NOV 2021 4:37PM PIB Delhi

Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh, who is also In charge Department of Pensions, today clarified and reiterated that Joint Bank Account is not mandatory for Spouse Pension.

The Minister said, the government headed by Prime Minister Narendra Modi has always sought “ease of living” for all sections of society including the retirees and pensioners who are the nation’s assets with all their experience and long years of service rendered by them.

Speaking to media after a meeting with senior officials of the Pension Department, Dr Jitendra Singh said, in case the Head of Office is satisfied that it is not possible for the retiring Government Servant to open a joint account with his/her spouse for reasons beyond his/her control, this requirement may be relaxed. All agency banks disbursing Central Government pension have been advised that in case the spouse (Family pensioner) opts for the existing joint bank account for credit of family pension, banks should not insist on opening a new account.

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The Minister, added that a joint bank account with spouse is however desirable and it is to be opened with their spouse in whose favor an authorization for family pension exists in the PPO. Operation in these accounts would be on “former or survivor” or “either or survivor” basis as desired by the pensioner, he added.

The reason for opening of joint bank account is to ensure that family pension may be commenced without any delay and the family pensioner is not subjected to any hardships for opening of a new pension bank account. This also ensures minimum documentation for the family pensioner while submitting request for commencement of family pension.

Tags: Central Government pensionPension Department

FWM

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