F.no 3/3/2019-NS (pt.1)
Ministry of Finance
Department of Economic
Affairs
(Budget Division)
North Block, New Delhi
Dated 21st
May, 2020
Office Memorandum
Subject: Regarding
extending of the time limit of One Month post retirement for retirees age
between 55 and 60 yeas to invest in Senior Citizen Savings Scheme (SCSS)
The undersigned is directed to
refer to DoP’s DO letter no. 79-01/2020-FS dated 01.05.2020 on above mentioned subject.
2. In view of Lockdown in the entire country, it
has been decided that the individuals retired (Within the age bracket 55-60
years) on superannuation or otherwise and got retirement benefits in February
2020 or March 2020 or April 2020, are eligible to open the SCSS account up to
30th June, 2020.
3. This issue with the approval of Secretary
(Economic Affairs)
Rajesh Panwar
Deputy Director
