The Employees Provident Fund Organization (EPFO) has officially implemented the Centralised Pension Payment System (CPPS) under the Employees Pension Scheme. The Labour Ministry announced on January 3 ...

EPS pensioners will be able to get their pensions from any bank, branch, or location in India from January 1, 2025. The EPFO also anticipates that switching to this new system will result in large ...

Minister of Labour & Employment Mansukh Mandaviya on Friday announced successful completion of pilot run of new Centralized Pension Payments System (CPPS) under Employees’ Pension Scheme 1995. The ...

The Labour Ministry on Friday said about ₹1,570 crore was disbursed to more than 68 lakh pensioners after rolling out the new Centralised Pension Payments System (CPPS) across the country under the ...

The CPPS is a paradigm shift from the existing pension disbursement system that is decentralised, with each zonal/regional office of EPFO maintaining separate agreements with only 3-4 banks, the ...

EPS pensioners: Beginning January 1, 2025, retired individuals covered under the Employees' Pension Scheme (EPS), 1995, will be able to conveniently access their pension funds from any bank branch ...

The pilot run of Centralized Pension Payments System (CPPS) has been successfully completed recently, enabling smooth pension disbursement for Employees’ Pension Scheme (EPS) members in any part of ...