By: Radhika Kajarekar
Over 68 lakh pensioners have benefited from the Centralized Pension Payments System (CPPS), which has been implemented by the Employees’ Provident Fund Organization (EPFO) in all of its regional offices throughout India. The current decentralized pension disbursement system, in which each regional office had agreements with just three to four banks, is replaced by CPPS. […]