Press Release

Subject:

PAYMENT OF PENSION THROUGH ALL BANKS

In pursuance of Supreme Courts Order, the Government has approved

disbursement of pension, on the lines of salary payment, by direct credit to pensioners
account maintained in any Scheduled Bank. The new procedure has been formulated to
mitigate the problems being faced by pensioners - especially elderly pensioners.
All pensioners have the option to opt for the new procedure or to continue
drawing pension under existing arrangement. An option form has been devised for the
pensioner, who wants to draw his/her pension through any bank. The option form can be
obtained from Accountant General Offices or downloaded from the following websites:
http://www.cga.gov.pk
http://www.agpr.gov.pk
http://www.agsindh.gov.pk
www.agkhyberpakhtunkhwa.gov.pk
http://www.agpunjab.gov.pk

This option form will be sent by the Pensioner to the Accounts Office from
where his/her original PPO was issued. Before submission of Option form to Accounts Office,
the Pensioner shall open an Account with the Bank from where he/she wants to draw his/her
pension. The Pensioner is also required to produce an indemnity bond for aggregate amount
equal to six months pension or authorize the bank to mark lien on his/her account to the extent of
six months pension. Until completion of registration process by the Accounts Offices, the
Pensioner will continue to draw his/her pension from existing system. On completion of
registration, the Accounts Office will call for original PPO through concerned bank and intimate
the date from which pension would be credited to bank account of the pensioner.
The Controller General of Accounts has issued necessary instructions to all
Accounts Offices to start implementation of new procedure with effect from 1st January 2011.
The following officers have been nominated as focal persons in AG offices to provide any
assistance/guidance to pensioners:
Name
Mr. Sarfraz Ansari

Designation
Accounts Office
Deputy Accountant General Accountant
General
(Fund&Pension)
Pakistan
Revenues,
ISLAMABAD
Mrs.
Rukhsana Deputy Accountant General Accountant General,
Rafique
(Pension)
Punjab, LAHORE
Mr. Mujahid Sheikh Deputy Accountant General Accountant General,
(Pension)
Sindh, KARACHI
Mr. Safeer Ahmed
Deputy Accountant General Accountant General,
(Pension& G.P Fund)
Khyber
Pakhtunkhwa,
PESHAWAR
Dr. Shams-ud-din
Deputy Accountant General Accountant
General,
(Fund&Pension)
Balochistan, QUETTA
Mr. Iqbal Shah
Deputy Accountant General
Accountant General,
Gilgit Baltistan, GILGIT

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