Monday, January 30, 2017
Transfer of money consequent on promotion of a GDS under SDBS to a regular Dept post......
DEPARTMENT OF POSTS:INDIA
OFFICE OF THE DIRCTOR OF ACCOUNTS (POSTAL)
MAHANADI VIHAR, CUTTACK-753004
NO: SDBS(2010)/Corr/ Dated : 30/01/2017
Sub:- Transfer of money consequent of promotion of a GDS under SDBS to a regular Dept.. post
This is regarding transfer of money of those GDS enrolled under SDBS subsequently being absorbed /promoted to a regular Departmental post. Under this circumstances the GDS are required to quit the SDBS scheme immediately and apply for transfer the accrued accumulations in their PR Account under the SDBS as well as accrued severance amount earned till their date of such absorption/regular appointment to their new account under New Pension Scheme.
Hence you are requested to identify such cases in the units under your jurisdiction & supply them prescribed SDBS-1 to apply. SDBS-I forms duly filled by the applicant & enlisted by the Divn in form SDBS-2 may please be sent to this office for onward submission to the NSDL for transfer of money to the new account as well as deactivating the old one.
Pl. find a copy of form SDBS-I & SDBS-2 with this letter.
Asst. Accounts Officer
NPS / SDBS