Joint bank account is not mandatory for spouse pension: Govt.

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Joint bank account is not mandatory for spouse pension: Govt.

New Delhi, Nov 20 (PTI) The government on Saturday said that a joint bank account is not mandatory for spouse pension.

Union Minister of State for Personnel, Public Grievances and Pensions Jitendra Singh said that the Narendra Modi government has always worked to make life easier for all sections of the society including retired and pensioned employees.

Considering the experience and long service life of such people, he described them as valuable to the country.

According to an official statement, if the Head of Office is satisfied that it is not possible for a retiring government servant to open a joint account with his/her spouse for any reason beyond his/her reach, this requirement can be relaxed. .

The Central Government has advised all pension paying banks that if the spouse (family pensioner) opts for an existing joint bank account for receiving family pension, banks should not insist on opening a new account.

However, it is desirable to have a joint bank account with the spouse, a statement issued by the Personnel Ministry said.

Singh said that these accounts would be operated on “ex-or-survivor” or “either or survivor” basis as desired by the pensioner.

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