NOMINATION FACILITY TO STAFF PENSIONERS FOR SETTLEMENT OF
UNDISBURSED PENSIONARY DUES AND AMENDMENT IN SBI EMPLOYEES’
PENSION REGULATIONS, 2014
Nomination facility for Staff Pensioners for settlement of undisbursed pensionary dues
was approved by the Central Board of the Bank in its meeting dated 04.02.2021 and
04.08.2021, necessitating amendments in SBI Employees’ Pension Fund Regulations,
2014.
2. State Bank of India Employees’ Pension Fund (Amendment) Regulations, 2024 has
been published in the Gazette of India on 20.03.2024 and a new regulation 23A -
Nomination, has been inserted in the State Bank of India Employees’ Pension Fund
Regulations, 2014. Details of the nomination facility and process to be followed by the
staff/ pensioners/ branches is attached as Annexure – ‘A’.
3. Nomination is not mandatory but optional at the discretion of the employees/
pensioners. To register for the nomination, an application in Form ‘A’ has to be submitted
in triplicate, one copy each to be retained at pension paying branch, Circle PPG and PPGAMC, Kolkata. Specimen copy of application - Form ‘A’ for making nomination under subregulation (1) or (2) of Regulation 23(A) is attached as Annexure-‘B’.
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