Pension: Guidelines to the circles regarding processing of the cases of Superannuation Pension Scheme (SPS) for BSNL Direct recruitee

Guidelines to the circles regarding processing of the cases of Superannuation Pension Scheme (SPS) for BSNL Direct recruitee

BSNL Corporate Office
Pension Section 5th floor, Bharat Sanchar Bhawan
B.C. Mathur Lane,
New Delhi-110001

No. BSNLCO-A/12(12)/4/2021-ESTAB

Date: 14th January, 2021

To,
All Heads of Telecom Circles &
All Heads of other Administrative Units Bharat Sanchar Nigam Limited

Subject: Guidelines to the circles regarding processing of the cases of Superannuation Pension Scheme (SPS) for BSNL Direct recruitee -reg.

Sir,
I am directed to refer to the subject mentioned above and to say that BSNL CO has introduced Superannuation Pension Scheme (SPS) for direct recruit employee w.e.f. 05.05.2016. CA Branch of BSNL CO has issued necessary instructions from time-to-time for operation of the scheme. Of late, it has been noticed that some of the employees, who were members of the Scheme have superannuated/retired/deceased and such employees/their beneficiaries have become eligible for benefits under SPS.

2. In connection with processing of cases, the required forms for settlement of claims under the scheme have been finalized in consultation with the fund manager i.e. LIC of India and these are enclosed herewith. The circles/ units will be required to send the duly completed forms along with requisite documents [as per list indicated in forwarding letter addressed to Sr. GM(Estt.), which is part of the forms/documents enclosed] while forwarding the cases of SPS after verification of all the inputs.

2. It has been further decided that a nodal officer (SDE/AO or above) may be designated in each circle/unit for forwarding of SPS claims to BSNL CO. All SPS cases may be routed through nodal officer to BSNL Corporate Office. It should be the duty of nodal officer to check that all the SPS claim forms are in order and necessary documents are attached along with SPS claim forms. The circles/units will forward the hard copies of claim forms, in original along with requisite documents.to Corporate Office and also a soft copy (in PDF) at Email ID- bsnlcodrsps@gmail.com.

3. The SPS claim will be settled in the following manner :-

a) Employee/ bedeficiary, as the case may be, will fill the SPS claim form/ papers on superannuation/retirement/death and submit the same to the office where the employee last attended.
b) There are a number of options under the Scheme out of which one option is to be chosen by the employee/beneficiary. The pension option must be filled by the employee/beneficiary only and once opt-ion is exercised it will be final, Any change in the option exercised by the employee/beneficiary will be within the jurisdiction of LIC. BSNL will have no role in this regard.
c) The duly filled in SPS claim forms will be forwarded to designated Nodal officer in the Circle/Unit. It will be the duty of nodal officer to check that the claim is in order and all necessary documents have been attached. After verification of the claim, the Circle/Unit will forward the complete SPS claim to Estt. Branch, BSNL Corporate Office for further processing.
d) After receiving the complete SPS claim, Estt. Branch will scrutinize the claim. Incomplete claims will be returned to the concerned office. If the claim is in order, the claim will be forwarded to Corporate Accounts Branch, BSNL CO for verification of deposit of actual contribution in respect of concerned employee to LIC. The Corporate Accounts Branch will issue a certificate to the effect that contribution has been remitted to LIC along with related details in respect of the particular employee. After receipt of certificate from BSNL CA Branch, the complete case will be forwarded to LIC office for release of SPS benefits to the member/ beneficiary.
e) Once the SPS case was finally settled, BSNL will not be concerned with regard to annuity benefits. The employee/beneficiary will communicate directly with LIC with regard to dispute/ discrepancy in annuity amount.

4. Any clarification with regard to the Superannuation Pension Scheme and contribution made under the scheme will be provided by CA Branch, BSNL CO.

5. Sincere efforts may also be made by the Circle/Units to intimate the eligible employees or their beneficiary, as the case may be, to submit the claim form for SPS benefit by sending SMS or contacting through telephone or any other means of communication.

This is issued with the approval of the Competent Authority.

Yours faithfully
(Sanjeev Kumar) AGM (Estt.-I)

533703/2021 /ESTT-BSN L CO

BSNL Employees Superannuation Pension Fund Trust

No.

Date:

To,
The Manager (P&GS) LIC of India
Delhi Divisional Office — 1,
Jeevan Prakash, 6th, 7th Floor,
25, K.G. Marg,
New Delhi —110 001.

Dear Sir,

Reg: Master Policy No. 103004833 LIC ID ______________________ – Claim Papers

Enclosed please find herewith the following documents (duly attested ) for payment of Commutation/ Annuity in favour of Mr./Ms.___________________________ , LIC ID No. of Member/Beneficiary.

1. Form No. A : Application for Annuity Pension with enclosures-

(i) Proof of Date of Birth of Member and Beneficiary
(ii) Particulars of Employee and Employer Contribution
(iii) Option form for annuity (Option once exercised will be final) Option Opted. , If joint life option opted (Yes/No)
(iv) Death Certificate in case of death of member

2. Form No. B- Letter of authority for payment of annuity

3. Form No. C-Pension Claim Form with Enclosures :

(i) Copy of PAN Card of Member and Beneficiary
(ii) Copy of AADHAR of Member and Beneficiary
(iii) Cancelled pre printed Cheque/Copy of bank Passbook front page of Joint Bank Account in name of Member and Beneficiary

4. Form No. D- Discharge Receipt to be completed by the Annuitant

5. Form No. E- Discharge Receipt to be completed by the Trustees

6. Form No. F-Nomination Form

Encl: As above

For and on behalf of
BSNL Employees Superannuation Pension Fund Trust

 

Trustee                                                                       Trustee

BSNL Employees Superannuation Pension Fund Trust

No. BSNL/

Date:

The Manager (P&GS) LIC of India
Delhi Divisional Office — 1,
Jeevan Prakash, 6th, 7th Floor,
25, K.G. Marg,
New Delhi —110 001.

Subject : Authorization for payment as per annuity arrangement to the nominee(s).

Reference : Pension Case of Shri/Smt ________________________________
LIC ID No_____________________________________________________________
Pension Option_______________________________________________________
Member/Beneficiary__________________________________________________

We hereby authorize LIC to pay the amount of Return of Corpus(Purchase Price) payable under the annuity arrangement upon the death of the annuitant directly to the nominee(s). The nomination effected by the member is attached and LIC of India is authorized to make the payment to the nominee(s) mentioned therein or to the nominee(s) as per the changes of nomination effected by the annuitant during his/her lifetime for which notice was given by the annuitant to LID of India in writing.
We hereby declare and agree that the payment of Arrear of Annuity Installments, If any, Payable till the death of the annuitant or during the period guaranteed and/or the amount ” Return of Corpus” Purchase Price as mentioned in the claim forms submitted along with this) upon the death of the annuitant to the nominee(s) will extinguish all claims and rights of the Trustees for which we are discharging our claims through this letter.

For and on behalf of,
BSNL Employees Superannuation Pension Fund Trust

 

Trustee                                               Trustee

 

Name of SSA/BA and Circle

No._______________________________________

Date:_______________________

The Sr.GM(Establishment)
BSNL Corporate Office,
5th Floor, Bharat Sanchar Bhawan H.C.Mathur Lane, Janpath
New Delhi-110001
Dear Sir,

Reg: Master Policy No. 103004833 LIC ID — Claim Papers.

Enclosed please find herewith the following documents ( duly attested ) for payment of Commutation/ Annuity in favour of Mr./Ms. LIC ID No.______________________ of Member/Beneficiary.

1 Form No. A : Application for Annuity Pension with enclosures-

(i) Proof of Date of Birth of Member and Beneficiary
(ii) Particulars of Employee and Employer Contribution
(iii) Option form for annuity (Option once exercised will be final) Option opted:
(iv) Death Certificate in case of death of member
2. Form No. B- Letter of authority for payment of annuity

3. Form No. C-Pension Claim Form with Enclosures :

a. Copy of PAN Card of Member and Beneficiary
b. Copy of AADHAR of Member and Beneficiary
c. Cancelled pre printed Cheque/Copy of bank Passbook front page of Joint Bank Account in name of Member and Beneficiary

4. Form No. D- Discharge Receipt to be completed by the Annuitant

5. Form No. E- Discharge Receipt to be completed by the Trustees

6. Form No. F-Nomination Form

7. Administrative Order of Superannuation/VRS/Resignation/Death

8. Last Pay Certificate

9. No dues Certificate

10. Vigilance Clearance Certificate(Not applicable in case of death of member)

11. Declaration/Recommendation by Head of Unit for grant of Pension

12. Three Joint Photograph of Member and Beneficiary

Each documents is duly attested and submitted for further forwarding to M/s LIC of India for settlement of Pension Case.

Pension Case is sent with the approval of competent authority.

(Name Signature and Mobile No. with Office Seal)

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