Friday, April 1, 2022

Pensioners can change nominee for payment of life-time arrears: How the Payment of Pension Arrears Act helps

Every retiring employee must submit a nomination in triplicate on Form "A" to the department from which he or she is retiring. If a pensioner's arrears of pension accumulate after his or her death, the arrears are paid to the person to whom a nomination has been made under the Payment of Arrears of Pension (Nomination) Rules, 1983.

from Personal Finance News-Wealth-Economic Times https://ift.tt/jd1ciYF

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