Roles of CPC Incharge- Reconciliation of McCamish figures



DIRECTORATE OF POSTAL LIFE INSURANCE
Department Of Posts, Ministry of Communications,
Government Of India
Chanakyapuri Post Office Complex, New Delhi-1 10021

06-01/2011-Ll (Pt)

Dated: 02-01-2019


To
All Head of the Circles,
Addl. DG of APS


Sub: Irregular transactions/ activities in Collection Of premium in /Core Insurance Solution


         It is to intimate that some irregular transactions/ activities in collection of premia in 'Core Insurance Solution' in Himachal Pradesh, Haryana, Uttar Pradesh & Rajasthan Circles have been brought to the notice of PLI Directorate. In view of the same, detailed instruction issued vide this office letter of even no. dated 21-12-2016 is being recirculated for strict compliance thereof.


2. Further, in partial modification of the instruction mentioned at SL No. (vii) of this office letter referred above, it has now been decided that-

"The CPC in-charge is responsible to generate the End of Day collection report, will reconcile the disbursement vouchers, receipt and payment report and other related documents of collections and disbursements to ensure that the correct amount of PLI/RPLI Premium receipt is accounted for in the Post Office Account.

To ensure this he/ she will generate the report at the end of day and again on next working day for the previous day and check that there is no change in transactions and amount accounted for in Post Office Account. In case of variation the matter should be reported to Divisional/Unit Head, immediately, by the CPC in-charge."


3. This issues with the approval Of competent authority.

(M.U.Abdali)
General Manager (O)

Enclosure: Instruction dated 21-12-2016


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