GO.4026 CPS Sanction of Rs.30 Crores as matching Contribution
GO.4026 New Contributory Pension Scheme matching Contribution
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AP Government has released GO.Rt.No.4026 Dt:12.11.2013 regarding Contributory Pension Scheme(CPS) and sanction
Rs.30 corers as matching contribution to CPS by the state government . The complete GO as follows.
GOVERNMENT OF ANDHRA PRADESH
ABSTRACT:
Pensions – New Contributory Pension Scheme for State Government
Employees - Sanction of Rs.30.00 Crores [Rupees Thirty Crores only] towards
matching Contribution by the State Government – Orders – Issued.
FINANCE [PENSION-I] DEPARTMENT
G.O.Rt.No. 4026 Dated:12 .11.2013.
Read the following:
Lr.No. D (II) 1/CPS/10393/3/2012 dated 25.10.2013 received from the
Director of Treasuries & Accounts, A.P. Hyderabad.
ORDER:
- In the letter 1st
read above, the Director of Treasuries & Accounts, A.P.
Hyderabad has requested for issue of sanction orders for an amount of
Rs.30.00 Crores towards Matching Contribution under New Contributory
Pension Scheme for the legacy period from BE 2013-14.
- Government, after careful consideration of the proposal of the Director of
Treasuries and Accounts, A.P., Hyderabad, hereby release an amount of
Rs.30.00 Crores [Rupees Thirty Crores only], from BE 2013-14, towards
Matching Contribution of the State Government, for the financial year 2013-14.
- 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
- The Pay & Accounts Officer, Hyderabad is requested to admit into audit
the adjustment bill.
(BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH)
Dr. D. SAMBASIVA RAO
PRINCIPAL SECRETARY TO GOVERNMENT (FP)
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