New guidelines for National Pension System –  NPS pension processing to be like OPS; check details

New guidelines for National Pension System –  NPS pension processing to be like OPS; check details

NPS vs OPS: The Central Pension Accounting Office has recently released updated guidelines aimed at ensuring retired employees of the National Pension System receive their pensions in a timely manner. In a memo dated March 12, 2025, the CPAO has reiterated to officials involved in processing NPS pension cases that they should adhere to the … Read more

Relief for pensioners: EPS members can withdraw pension from any bank, any branch from Jan 1, 2025. Check details

Relief for pensioners: EPS members can withdraw pension from any bank, any branch from Jan 1, 2025. Check details

In a big relief for pensioners, the Centre has approved the proposal for a Centralised Pension Payment System (CPPS) for Employees’ Pension Scheme (EPS) 1995. The new system will be a significant shift, wherein a national-level centralised system will be in place that will enable pension disbursement through any bank, any branch across India. It … Read more