50 crores for Contributory Pension Scheme for State Government Employees


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
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

 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

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.

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