Execution of Special Off Cycle for Financial Assistance and Leave Encashment –AG 17.06.2021
Please refer to the subject cited above. In view of the recent budget release under the Heads of Financial Assistance to the families of in-service death cases and Leave Encashment, you are directed to execute a special Off-Cycle for the payment of all claims on these two accounts prior to the execution of regular payroll for June 2021. This is to ensure the clearance of all relevant claims before the closure of the current financial year 2020-21.
(This issue is with the approval of DG/DAOS).
SMAshad Assistant Accountant General DAO (C)
Copy to:
- SPS to Accountant General Punjab.
-sd- Assistant Accountant General DAO (C)
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Ensuring Timely Financial Assistance and Leave Encashment Payments: Special Off-Cycle Execution by Accountant General Punjab
The Office of the Accountant General Punjab, situated at the A.G. Complex Turner Road, Lahore, has issued a directive to all District Accounts Offices in Punjab. This directive, dated June 17, 2021, mandates the execution of a special off-cycle process for the payment of financial assistance and leave encashment.
In light of the recent budget allocation aimed at providing financial assistance to the families of employees who have passed away while in service, as well as for leave encashment, it has become imperative to prioritize these payments. The directive, which falls under the Heads of Financial Assistance and Leave Encashment, is intended to expedite the processing of all relevant claims before the end of the current financial year 2020-21.
Key Directives for Special Off-Cycle Execution
The Assistant Accountant General has directed that this special off-cycle payment process be completed before the regular payroll execution for June 2021. This measure ensures that all claims related to financial assistance and leave encashment are processed and cleared without delay.
The primary objective is to ensure that the families of deceased employees receive the necessary financial support promptly. Additionally, it ensures that employees entitled to leave encashment benefits receive their dues before the fiscal year closes.
Detailed Instructions to District Accounts Officers
The directive from the Office of the Accountant General Punjab specifies that all District Accounts Officers (DAOs) must prioritize the processing of these payments. The instructions have been issued with the approval of the Director General/DAOS, emphasizing the importance of adhering to this timeline.
To ensure compliance and smooth execution, a copy of this directive has been sent to the SPS to the Accountant General Punjab. The clear instructions and the formal communication highlight the urgency and importance of this initiative.
Importance of Timely Execution
The timely execution of this special off-cycle payment process is crucial for several reasons:
- Financial Support to Families: The financial assistance provided to the families of deceased employees is essential for their sustenance. Delays in processing these claims can lead to significant hardships for these families. By prioritizing these payments, the Office of the Accountant General Punjab ensures that the families receive the support they need in a timely manner.
- Leave Encashment Benefits: Employees who are eligible for leave encashment benefits rely on these payments as part of their financial planning. Ensuring that these claims are processed before the end of the fiscal year helps employees receive their due benefits without any delays.
- Efficient Budget Utilization: The directive aligns with the objective of efficient budget utilization. By processing all claims before the end of the financial year, the office ensures that the allocated budget is utilized appropriately and does not lapse.
Conclusion
The execution of a special off-cycle for financial assistance and leave encashment payments by the Office of the Accountant General Punjab underscores the importance of timely financial support for employees and their families. By directing all District Accounts Offices to prioritize these payments, the office aims to ensure that all relevant claims are processed and cleared before the closure of the current financial year 2020-21.
This proactive approach not only provides much-needed financial assistance to the families of deceased employees but also ensures that employees receive their leave encashment benefits on time. The directive reflects the commitment of the Office of the Accountant General Punjab to support its employees and their families during critical times.
