Tuesday, 31 July 2018

PRC Arrears to the retired CPS employees- certain guidelines issued by Govt of Telangana vide Memo 17049 dt:16-07-2018

Payment of PRC arrears 18 months installment to the CPS retired employees.

Instructions for payment of PRC Arrears to the retired CPS employees/leagal heirs of the diseased CPS employees
To pay the PRC arrears in lumsum/single installment by taking in to  consideration of the hardship of retired/diseased employees under CPS, in order to process the Exit claims and inorder to fulfill the instructions issued in Memo dated 24-12-2016.
PRC arrears to retired CPS employees

To pay the leftover installments of 18 installments in lumpsum to those employees/family members of the employee who will not receive all the 18 installments during their service period due to superannuation or due to any other reason before completion of 18 installments.
To deduct 10% of pay+DA of PRC arrears lumsum amount towards CPS subscription and to credit to the PRAN Account of the individual along with Government matching contribution.
To process the exit claim after crediting of the PRC arrears amoount in to the PRAN of subscriber.


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