Your spouse and your children's must be aware of certains facts after your retirement.
Let us proceed to understand this most contentious subject, an issue of discussion amongst the veterans of which most remain confused,lost and directionless. First and foremost,it should be absolutely clear to everyone that the original PPO, which is officially received on Superannuation/PMR,gives the retiree's and his spouse's complete details,including their Date of Birth.This veterans is an authentic personal and financial legal valid document in the veterans hand.Everyone should know and be aware that nothing can be amended or changed by anyone on this paper.Any change whatsoever can only be done, through legal sanction from the Court of Law.The role and scope of any military appointment, howsoever Senior he may be, or for that matter of District Sainik Board,can only be advisory, they cannot change or amend anything on the original PPO.Please don't place your family into any legal tangle, by any foolish action of amendment and change. Your such actions can get your family into serious legal and financial tangle behind you.
Another, very important fact which most may not be/generally not aware is,the Army,Navy and Air Force Headquarters destroy all your personal and other documents after 15 years of your retirement from service. Therefore forwarding any papers, documents financial and personal are just a trash with them after this period.
After retirement your bankers are the only authorised entity to deal with any of your financial query and issue, the main cause of worry and unnecessary tension in most veterans.It should be very clear to every veteran that even PCDA pension has minimal role and scope in changing anything, unless you get a Court Order.Therefore unnecessarily don't constantly tamper with your financial details.
The only legal papers and documents you should worry about and which should be known to your Spouse and Children's is your original PPO,Legal Will bequeathing everything to your Spouse,your Service Book and PPO mentioning your Spouse as your Next of Kin.
There are time to time corrigendum issued on your original PPO, the latest one being the E-PPO, these are just informatory,just for your knowledge only.These are actionable at your bankers level only. No action whatsoever is required to be taken by any veterans. No need to worry of its copy, unless it is posted officially directly to you, if need be copies can be requested from the Bank for your personal records.Kindly do not start forwarding corrections and amendments based on your perception of these Corrigendum/E-PPO, all over. Your such action can be detrimental to your officially received valid legal PPO.
We receive pension as per GOI pension rules, which each banker diligently adhere and follow, your actions based on your personal perception and knowledge is not going to enhance your pension amount. All corrections are done across the board and not on individual letters and correspondences.
If any veteran still persists with some doubt, kindly visit your bank tomorrow and directly clarify from the Bank Manager, as to what your Spouse is supposed to do, if you die today? Now if your pension account and infact all your bank accounts, all over and wherever are jointly held with your Spouse;All your properties movable and immovable are co-owned and jointly held, than only Death Certificate would be required to be submitted.
The hard fact. Let all live Healthy, Happy with entire family for 100 absolute fit years.
COBRA
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