‘Don’t stop October disbursement of pension’

Excelsior Correspondent

JAMMU, Oct 15: In view of the extension in the deadline of the pensioners’ physical verification in Jammu and Kashmir till October 30, 2024, the Finance Department has requested the Jammu and Kashmir Bank not to stop the disbursement of the pension of the pensioners/family pensioners for the month of October.
Through a letter written to the General Manager, Government Business, Jammu and Kashmir Bank, the Deputy Director (Central) Accounts & Treasuries, Finance Department, has claimed that the Jammu and Kashmir Government, in collaboration with the J&K Bank has extended the deadline for the ongoing physical verification of pensioners and family pensioners until October 30, 2024.
The letter claimed that the verification process, which began in July 2024, was initially set to conclude by September 30, 2024. However, following requests from the Finance Department, the cut off date was extended to October 30 to ensure more pensioners can complete the process.
“The extension means that pension payments for the month of October 2024 will not be stopped, even for those who have not yet undergone physical verification, provided they complete the process by the new deadline,” read the letter.
In addition, the Finance Department’s letter claimed that the J&K Bank typically requires pensioners to submit Life Certificates in November each year. However, given that the physical verification is still ongoing, pensioners who have already been physically verified will not need to submit a Life Certificate this November, it said.
The bank will only request Life Certificates from pensioners whose Pension Payment Orders (PPOs) remain unverified after the October 30, 2024 deadline, requested the Finance Department.