Para 12.6 — MSO (A&E)
Original Rule Text
12.6 In the case of the Bombay Family Pension Fund the subscriptions should be shown in two columns in the list namely, for "Widows Branch" and "Life Insurance Branch" and the totals of the two columns should be passed on to Pay and Accounts Officer, Department of Economic Affairs, New Delhi.
What This Means
For the Bombay Family Pension Fund specifically, subscription amounts must be shown in two separate columns in the certified list: one for the 'Widows Branch' and one for the 'Life Insurance Branch'. The totals of both columns are then forwarded to the Pay and Accounts Officer, Department of Economic Affairs, New Delhi, for central accounting.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Bombay Family Pension Fund has two branches: Widows Branch and Life Insurance Branch
- 2Certified list must show subscriptions in two separate columns, one per branch
- 3Column totals are sent to PAO, Department of Economic Affairs, New Delhi
- 4This ensures proper allocation of funds between the two branches
Practical Example
A government servant in Maharashtra subscribes to the Bombay Family Pension Fund, contributing Rs. 800 per month — Rs. 500 to the Widows Branch and Rs. 300 to the Life Insurance Branch. The Drawing Officer prepares the certified list with two columns, showing Rs. 500 under 'Widows Branch' and Rs. 300 under 'Life Insurance Branch'. The monthly totals of Rs. 45,000 (Widows) and Rs. 27,000 (Life Insurance) are sent to the PAO in New Delhi.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
Why does the Bombay Family Pension Fund need two separate columns?▼
Why are the totals sent to the Department of Economic Affairs in New Delhi?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.