Tag: CPPS

The EPFO also anticipates that switching to this new system will result in large cost savings in terms of pension payouts. (Representational Image/Pixabay)
Posted in Business

EPS pensioners will be able to get pension from any bank or branch from January 1, 2025

 September 6, 2024  Leave a Comment on EPS pensioners will be able to get pension from any bank or branch from January 1, 2025

Sep 06, 2024 09:16 AM IST The proposed Centralized Pension Payment System (CPPS) has been approved, allowing a national centralized system of pension payouts through…

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Pension: Employees’ Pension Scheme subscribers could withdraw pension from any bank across India from January 1, 2025
Posted in Economy

Pension: Employees’ Pension Scheme subscribers could withdraw pension from any bank across India from January 1, 2025

 September 4, 2024  Leave a Comment on Pension: Employees’ Pension Scheme subscribers could withdraw pension from any bank across India from January 1, 2025

Labour and employment minister Mansukh Mandaviya on Wednesday approved the centralized pension payment system (CPPS) under the Employees’ Pension Scheme, 1995, allowing 7.8 million EPS…

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