Author: arshad

Reconciliation of Accounts dt 31.05.2011OFFICE MEMORANDUMSubject: Reconciliation of AccountsKindly refer to Additional Accountant General, office of the Accountant General Punjab’s letter No. A/C-IV/Distt: Govt/Recon/2010- 11/HM/849 dated 21.05.2011 addressed to your office and copy endorsed to this department, wherein it is pointed out that most of the DAOs are not submitting status report of reconciliation of receipts and expenditure on the prescribed proforma duly accepted by the PAOs/DDOs.2.  You are directed to submit the reconciliation statements (Receipts/Expenditure) for the month of May, 2011 and onward to the office of the A.G. Punjab, on the prescribed proforma along with monthly accounts, and…

Issuance of Treasury Schedule for Reconciliation of Accounts dt 21.12.2005OFFICE MEMORANDUMSubject: Reconciliation of AccountsKindly refer to the above noted subject.2. During a recent meeting of the Fiscal Monitoring Committee (FMC) held in the Finance Department, various departments once again raised the issue regarding the belated / non-issuance of treasury schedules of receipts and payments by DAOS/TOs to the local DDOs as provided under the Rules. It was also observed that the reconciliation of accounts was not promptly done in the prescribed manner, causing discrepancies between the figures verified locally, and those communicated to the Accountant General, Punjab, through monthly accounts.3.…

Establishment of Reconciliation Cell dt 30.10.2007OFFICE MEMORANDUMSubject: Reconciliation CellKindly refer to this department’s letter No. IT(FD)3-1/98 dated 26.05.2007, on the subject noted above, wherein you were requested to establish a Reconciliation Cell, but no progress has since been received.2. You are therefore, again requested to establish a reconciliation cell without further loss of time and submit reconciliation reports at the end of each month regularly.

Sum Insured under Group Insurance Scheme dt 06.02.2008OFFICE MEMORANDUMSubject: Group Insurance SchemeI am directed to state that the Punjab Government Employees Welfare Fund Ordinance has been amended vide Government of Punjab Law and Parliamentary Affairs Department Notification No. Legis 13-73/2007 dated 17-11-2007 with effect from 01-07-2007.2. Apart from enhancement of the sum assured the coverage shall continue to remain extended to five years after retirement of Govt. Servants without requiring them to pay premium after retirement. The Government Servants retiring on or after 01-07-2007 shall be covered for the revised enhanced sums, while Government Servants who retired on or before…

Revision of Monthly Contribution of PGSHF dt 11.04.2017OFFICE MEMORANDUMSubject: Monthly ContributionThe Punjab Government Servants Housing Foundation (PGSHF) was established under the Act X of 2004 (as amended) of the Punjab Provincial Assembly as a body corporate to introduce schemes for providing houses or plots on no profit no loss basis to the member Government servants on their retirement or to their families in case of death during service. Monthly contribution to this effect is being deducted at-source from the salaries of enrolled members/Government servants by the Accountant General Punjab and concerned District Accounts Offices which are retrieved from PIFRA(SAP) System…

Process Initiation of Financial Proposals in South Punjab Secretariate dt 31.01.2022OFFICE MEMORANDUMSubject: Financial ProposalsI am directed to refer to the subject and to notify the following guidelines in this regard for information and further necessary action:Serial No.ItemsGuidelines1Initiation of proposals for creation of supernumerary post of OSD by the Finance Department for regularization period of awaiting post within South PunjabConcerned Administrative Department shall initiate the proposal in the form of a reference addressed to Finance Department Punjab under intimation to:i) ACS, South Punjabii) Concerned Administrative Department Punjabiii) Finance Department, South Punjab2Initiation of regularization of gap period of any kind within South…

Group Insurance Contribution by Non Gaze-ted Employees – Federal dt 29.08.2018OFFICE MEMORANDUMSubject: Non Gaze-ted EmployeesThe Federal Employee Benevolent and Group Insurance Funds (FEB & GIF) is an autonomous organization, established under the Federal Employees Benevolent Fund and Group Insurance Act, 1969. FEB & GIF provides social security/financial relief under its nine welfare schemes to the Federal Government employees/their families and those of autonomous bodies who voluntarily joined this scheme with the approval of the Federal Government. According to Sections 12 and 18 of the said Act 1969, every employee has to contribute towards the Benevolent and Group Insurance Funds as…

GL Head and Wage Type of BF and Group Insurance – Federal dt 10.02.2016OFFICE MEMORANDUMSubject: GL HeadPlease refer to this office letter No.F.Aid/BF & GI/CD-483 dt.12.10.2015 (copy attached)on the subject cited above was circulated for compliance.SR. NO.HEAD OF ACCOUNTWAGE TYPE1GO6202-FEDERAL EMPLOYEES BENEVOLENT FUND (CIVIL)3501-FEDERAL BENEVOLENT FUND2GO6409-FEDERAL EMPLOYEES GROUP INSURANCE FUNDS (CIVIL)3604-FEDERAL GROUP INSURANCE FUND

Extension of Group Insurance Coverage for Five Years after Retirement dt 17.12.2012’OFFICE MEMORANDUMSubject: Group InsuranceI am directed to state that the Group Term Insurance Scheme & Coverage for five years after retirement has been extended from 01.07.2017 to 30.06.2015 with State Life Insurance Corporation of Pakistan.2. The coverage shall continue to extend to five years after retirement of Government Servants without requiring them to pay a premium after retirement. The Government Servants retiring on or after 01 07.2012 shall be covered for revised sums assured, while Government Servants who retired on or before 30.06.2012 shall be covered for the previous…

Deduction of Group Insurance from Salaries dt 09.12.2019OFFICE MEMORANDUMSubject: Group InsuranceKindly refer to the subject noted above.The Judgment dated 29-03-2019 by Ombudsman, Punjab is enclosed herewith which pertains to the matter of the deduction of Group Insurance of a school teacher of school education department.2. In the perspective of said issue, the competent Authority /CIOT has desired to thrash out pay rolls related to your district and make sure that the deductions as per prescribed rates are being made. Further, it is also advised to reconcile all the deductions from the salaries of the Government employees with all DDOs (Drawing…