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Centralised Pension Payments System rolled out in all EPFO offices across India
The Statesman
|January 05, 2025
The EPFO has completed the full-scale rollout of the new Centralised Pension Payments System (CPPS) across all its disbursing offices in a landmark move towards enhancing pension services, the Ministry for Labour and Employment said.
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About Rs 1,570 crore was disbursed as the pension amount to more than 68 lakh pensioners pertaining to all the 122 pension disbursing regional offices of EPFO for December 2024, the Ministry said. 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 o
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