Centralized Pension Payments System:
The Employees’ Provident Fund Organisation recently it has fully rolled out the Centralized Pension Payments System (CPPS) under Employees’ Pension Scheme 1995, enhancing the ease of living for millions of pensioners in the country.It is implemented by the Employees’ Provident Fund Organisation (EPFO) which allows pensioners to access their pension from any bank or branch nationwide.It aims to streamline the payment process, eliminate the need for physical verifications, and ensure seamless pension disbursement for over 7.85 million pensioners.
