Physical Verification of Retired Employees in Indian Railways
Capital Market As per extant instructions, every pensioner/family pensioner is required to submit a life certificate to the pension disbursing authority in the month of November every year. The pension for the month of November and onwards is released to the pensioner/family pensioner by the pension disbursing authority on submission of the life certificate. No specific directives have been given for physical verification of pensioners aged between 80 and 100 years. The total number of pensioners on Indian Railways is 1378937.
The total pension expenditure incurred by Railways during 2014-15, including pension payment to pensioners above age of 80 years is Rs 28642.08 crore. There are approximately 286093 pensioners/family pensioners above 80 years of age. However, no separate expenditure is recorded agewise.
The exercise of obtaining life certificates is carried out by pension disbursing authorities in the month of November, every year. However, the certificate is accepted in subsequent months also.
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