Director of Treasuries & Accounts, A.P. Hyderabad has requested to issue sanction orders for an amount of Rs.50.00 Crores [Rupees Fifty Crores only] towards Matching Contribution under New Contributory Pension Scheme for the legacy period from BE 2014-15.
Government, after careful consideration of the proposal of the Director of Treasuries and Accounts, A.P., Hyderabad, hereby release an amount of Rs.50.00 Crores [Rupees Fifty Crores only], from BE 2014-15, towards Matching Contribution of the State Government for the legacy period.
The amount now released in para 2 above shall be debited to the following head of account:
|2071||–||Pension and Other retirement benefits|
|117||–||Government Contribution for defined contribution pension scheme|
|SH (04)||–||Contribution to Contribution Pension Scheme of A.P. State Government Employees|
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.
|117||–||Defined Contributory Pension Scheme for Government Employees|
|SH (04)||–||A.P. State Government Employees Contributory Pension Scheme|
Pensions – New Contributory Pension Scheme for State Government Employees – Sanction of Rs.50.00 Crores [Rupees Fifty Crores only] towards matching Contribution by the State Government – Orders – Issued.
FINANCE [PENSION-I] DEPARTMENT
G.O.Rt.No. 1539 Dated: 28.04.2014
1. Lr.No. D (II) 1/14672/2013 dated 09.04.2014 received from the Director of Treasuries & Accounts, A.P. Hyderabad.
5. The Pay & Accounts Officer, Hyderabad is requested to admit the adjustment bill into audit.