Raise Query
Tie-up arrangement for PTP
SBI Employees Pension Fund
Nomination of Spouse Including Disabled Children
for the Benefit of
Family Pension Before Retirement
Circular No. CDO/P&HRD-PPFG/11/2013-14 Friday, May 31, 2013
The basic purpose of issuing e-Circular No. CDO/P&HRD-PPFG/16/201213 dated 26th May, 2012 was to give an opportunity to an employee having disabled child / children to nominate the disabled child / children for the benefit of family pension while in service, because in case of the death of the employee while in service there is no provision for registering nomination of the disabled child by the family pensioner.
Therefore, only those employees who are having disabled child / children need nominate in the revised format (annexed with this Circular), because under SBI Family Pension Scheme, spouse of the employee always gets first priority in getting family pension in case of death of the employee while in service or, after retirement (if he / she was getting pension) till her/his death or remarriage whichever is earlier. Thereafter family pension is given to the eldest surviving children in order of their birth up to the age of 25 years or he / she is gainfully employed whichever is earlier. In case the beneficiary is an unmarried daughter, until she attains 25 years of age or is married or is gainfully employed whoever occurs first.
