Centralised Pension Payments System (CPPS)
The Employees’ Provident Fund Organisation (EPFO) has launched the Centralised Pension Payments System (CPPS), benefiting over 68 lakh pensioners. This reform enables pension access from any bank branch nationwide and eliminates the need for physical verification. Successfully piloted in 2024, CPPS was rolled out in December, disbursing ₹1,570 crore in pensions. It improves services for relocating pensioners, enhances efficiency, and reflects EPFO’s commitment to modern, tech-driven support. This initiative aligns with broader goals to simplify pension disbursement and ensure accessibility for all beneficiaries.
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