List of Pension Sanctioning Authority and its corresponding Disbursing Agency as on 30th Nov 2016 published by Govt of India.
The Head of Office/Accounts Officer is expected to complete the processing of pension papers well in time so that the pensioner is able to draw his pension immediately after his retirement. Pension can be drawn either through the Branch of a Public Sector Bank or through Treasury. The Accounts Officer after going through all the procedures will issue the Pension Payment Order to the Central Pension Accounting Office who will issue the Special Seal Authority to the concerned Bank/Treasury. In fact the PAO is required to dispatch the PPO to the CPAO not later than one month in advance of the retirement date. In case the pensioner wants to change the bank/treasury/place of drawal of pension, he will have to apply to the concerned Accounts Officer/PAO for making necessary correction in the PPO.
List of Pension Sanctioning Authority and its corresponding Disbursing Agency as on 30th Nov 2016 published by Govt of India on https://jeevanpramaan.gov.in website.