Union Minister of Labour and Employment and Chairperson, Central Board of Trustees, EPF has approved the proposal for a Centralized Pension Payment System (CPPS) for Employees’ Pension Scheme, 1995. The CPPS marks a major shift by establishing national-level centralized system, enabling pension disbursement through any bank, any branch across India. …
Read More »EPS Pensioners Embrace Facial Authentication for Digital Life Certificate Submission
Employees’ Provident Fund Organisation (EPFO) has more than 78 Lakh pensioners, who are required to submit Life certificate every year for continuation of the pension being paid to them. Earlier they had to go to banks to submit physical life certificate which had its challenges resulting into some grievances. To …
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