Procedure to upload CPS contribution of Govt employees working on Foreign Service GO.37
New Pension Scheme – Contributory Pension Scheme – Procedure for uploading the contributions of the regular Government servants, who come under NPS and who are working on Foreign Service -Orders – Issued.
Government of Telangana State
G.O.MS.No.37 Finance (Hrm-V) Department, Dated:28/03/2016.
References:
1. G.O.Ms.No.653, 654 and 655, Dated 24/09/2004 of Finance (Pen-I) Department.
2. Director of Treasuries and Accounts, Telangana Hyd Letter No. DI/2331/2015, Dated 1011-2015.
Order:
1. In the G.O. 1st introduced New Pension Scheme (NPS), i.e., Contributory Pension Scheme to the AP State Government employees who were appointed on or after 01/09/2004 and issued operational guidelines thereon. In the New pension scheme each employee shall pay a monthly contribution of 10% (Basic Pay + DA) from his salary and the Government will contribute an equal amount as its share.
2. In the reference 2nd above, the Director of Treasuries and Accounts, Telangana, Hyderabad informed that as per the New Pension Scheme, a Government servant can contribute 10% of his Pay and Dearness Allowance towards his part of contribution and the Government contributes equal amount to the Pension Retirement Account Number (PRAN) of the Government Servant concerned. In respect of regular system, the treasury officers can capture the details of CPS deductions of every Government servant from the pay bills concerned, draw equivalent amount towards the Government contribution and transfer both the components to the NPS account of the Government servant concerned. This kind of procedure is not possible in respect of the Government servants working with certain borrowing authorities on Foreign Service terms, since the pay and allowances of those employees are not drawn from the treasury system. For this purpose the Director of Treasuries and Accounts, Telangana, Hyderabad has proposed a detailed procedure in order to facilitate uploading the data and transfer of CPS contributions of all such employees who are working on Foreign Service.
3. Government after careful examination of the matter here by issue the following detailed procedure for uploading the CPS contribution of employee’s as well as employer’s share to the Central Record-keeping Agency (CRA) and for transfer of funds to the subscriber’s accounts in respect of the Government servants working with certain borrowing authorities on Foreign Service terms :-
a) The Drawing and Disbursing Officer of the foreign employer (Borrowing authority) registers with the Director of Treasuries and Accounts, who provides an User ID and Password and also a facility for furnishing the details of employee contribution and employer contribution to be transferred to the individuals’ account.
b) The Drawing and Disbursing Officer of the Borrowing Department concerned deducts the CPS subscription from the employees pay and provides the details of employee and his subscription by logging in to the treasury system and thereby the system enables to generate two challans – One towards Employee contribution under the HOA:8342-00-117-00-04-001-000-NVN and the other towards Employer Contribution er the HOA: 8342-00-117-00-04-003 (Employer Contribution in respect of Government Servants working on foreign Service) (to be opened). This new Head of Account facilitates distinct identification of all such remittances and their reconcillation.
c) The Drawing and Disbursing Officer of the borrowing Department remits the two challans to the Government accounts concerned through a Government authorized Bank. The challan once generated will be active for fourteen (14) days from the date of generation. If it is not remitted within the period, it gets lapsed and the Drawing and Disbursing Officer is required to generate a fresh challan.
d) The details of all challan remittances made as above are captured centralized in the DTA,processed and uploaded to the CRA for crediting into the individual accounts.
e)The DTA, TS, Hyderabad reconciles the details, draws the funds corresponding to the uploaded data towards both contributions and transfers, the same to the trustee bank as per the procedure prescribed.
f) For this purpose, to facilitate uploading of the contributions of all the CPS employees working on Foreign Service terms, from the Directorate of Treasuries and Accounts shall take action to create a new drawing and disbursing officer and obtain a separate DTO / PAO Registration No. from the NSDL/ CRA and all the transactions into those subscribers’ accounts shall be conducted and monitored through this registration.
g) The subscribers, who do not have PRAN shall obtain them by submitting the required application to the CRA through the respective appointing authority (Lending department) and the Treasury Officer/ PAO of the respective jurisdiction.
h) In cases, where the employee subscription was already deducted and remitted in to HOA: 8342-00-117-00-04-001-000-NVN, but the Employers Contributions are not remitted, the borrowing authority is required to remit Employer Contribution under the HOA:8342-00-117-00-04-003-000-NVN as matching amount and furnish those details together to enable the treasury to verify the details and transfer the data and the funds to the respective subscribers’ accounts.
i) In cases, where the employee contribution was already deducted and kept with them, the CPS amounts so deducted along with the employer contribution shall remitted in to the respective said HoA’s.
j) In cases, where the employee contribution is not at all recovered, the same may be recovered and remitted along with employer contribution to the respective HOA’s prescribed.
4. All the Departments of Secretariat and all Heads of Departments are requested to issue necessary instructions to all the Drawing and disbursing Officers where Government servants are working on depuration on foreign services basis to follow the above procedure scrupulously.
5 Necessary amendments to the Andhra Pradesh Fundamental Rules will be issued separately.
6. The Director of Treasuries and Accounts, Telangana, Hyderabad is directed to take action accordingly.
GO.37 Procedure for uploading CPS of Govt employees on Foreign Service.