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12 Nov 2013

GO 4026 New Contributory Pension Scheme for State Government Employees - Sanction of Rs.30.00 Crores towards matching Contribution by the State Government



Pensions – New Contributory Pension Scheme for State Government Employees - Sanction of Rs.30.00 Crores [Rupees Thirty Crores only] towards matching Contribution by the State Government – Orders – Issued.

FINANCE [PENSION-I] DEPARTMENT

G.O.Rt.No. 4026                                                                                    Dated:12 .11.2013.
                                                                                                           Read the following:

 Lr.No. D (II) 1/CPS/10393/3/2012 dated 25.10.2013 received from the
      Director of Treasuries & Accounts, A.P. Hyderabad.


ORDER:

In the letter 1st read above, the Director of Treasuries & Accounts, A.P. Hyderabad has requested for issue of sanction orders for an amount of Rs.30.00 Crores towards Matching Contribution under New Contributory Pension Scheme for the legacy period from BE 2013-14.


2.         Government, after careful consideration of the proposal of the Director of Treasuries and Accounts, A.P., Hyderabad, hereby release an amount of Rs.30.00 Crores [Rupees Thirty Crores only], from BE 2013-14, towards Matching Contribution of the State Government, for the financial year 2013-14.

3.         The amount now released in para 2 above shall be debited to the following head of account:

2071
-
Pension and Other retirement benefits
01
-
Civil
117
-
Government Contribution for defined contribution pension scheme
SH (04)
-
Contribution to Contribution Pension Scheme of A.P. State Government Employees
320
-
Contributions



4.         The Director of Treasuries & Accounts, A.P., Hyderabad is hereby authorized to draw the amount from the head of account mentioned in Para 3 above and transfer the same to the following fund head of account by preferring an adjustment bill.
8342
-
Other Deposits
117
-
Defined Contributory Pension Scheme for Government Employees
SH (04)
-
A.P. State Government Employees Contributory Pension Scheme
002
-
Government Contribution

5.         The Pay & Accounts Officer, Hyderabad is requested to admit into audit the adjustment bill.

(BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH)

          Dr. D. SAMBASIVA RAO
PRINCIPAL SECRETARY TO GOVERNMENT (FP)
 

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