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Home » Pension yet not received for the month of March 2020

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Pension yet not received for the month of March 2020

Pension yet not credited to the account of the pensioners in March 2020

M.K.KUMAR replied on 2nd April 2020: This is to inform all that in the month of APRIL usually pension credited on 2nd April only due to financial year starts the funds should be allocated on 2nd April every year. 1st April is Bank holiday & this year 2nd April Bank Holiday due to SRI RAMANAVAMI, so pension will be credited on 3rd APRIL 2020.

Shyam Sunder Budhwar replied on 2nd April 2020: Dear Sr. citizens, there is nothing to worry about. You may recall, the pension of March is every year credited around the 2nd of April, because of financial year accounting practices. However this year 2nd Apr being closed Holiday because of Ram Navami may be pension gets credited on 3rd April. There is no cause to be worried.

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What is what?

What is Pay Matrix?
Pay Matrix is a number table designed by 7th Central Pay Commission and recommended for all group of CG Employees and Officers with effect from 1.1.2016 – click to know more

What is Pay Matrix Level?
The nomenclature being used in the new pay matrix assigns levels in place of erstwhile grade pay – click to know more

What is Fitment Factor or Fitment Benefit?
Fitment Factor is a common multiplication number, which is used for arriving a common result – click to know more

What is Terms of Reference?
A key report with instructions given to the Committee or Group – click to know more

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