28/05/2026
*DSP Vs DPA for VETERANs*
Earlier they introduced a DSP account for every EXS, now they have introduced DPA. Once most of the ESM is operated by a DSP account. Now the problem is how to change DSP TO DPA.
DEFENCE SALARY PACKAGE (dsp) AND DEFENCE PENSION ACCOUNT (DPA) REGARDING.
Dear veterans,
We all know that, there is MOU between MOD and Banks for certain benefits for Defence serving and retired personnel. Accordingly, most our veterans have converted their Normal Saving Bank account to DSP
Now, we understand that, there is difference between DSP and DPA. DSP for serving and DPA for retired personnel.
The rule says that, in DSP a/c , if the salary is not credited consecutively for three months, the benefit will be cancelled automatically. After discharge, there will be no SALARY credit, For pensioners, there will be only Pension credit.,. Hence, the DSP account will be automatically cancelled. one should have DEFENCE PENSION ACCOUNT instead of DSP a/c to get the benefits.
A case had been noticed that, *one Subedar , retired from service with a DSP account and died with an Accident, after say one year after discharge. When his wife claimed for the insurance benefit, the Authorities rejected the claim stating that, the pensioner was not having DEFENCE PENSION ACCOUNT (DPA) . He was having only Salary a/c ,and there was no Salary credit,* THE CLAIM IS REJECTED. So this is the position.
In view of the above case study, our *Defence pensioners are requested to convert their existing Normal SB account to DPA- Defence Pension Account instead of DSP a/c to get the Insurance and other benefits*.
*All our veterans are requested to note the same and pass on this important message to other veterans in their areas.*
