Pension Payment Order

The Defence Ministry's digital pension platform lets retirees access, view, and download their Pension Payment Order with just a few clicks.

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The regulator is considering allowing pension funds to invest in gold and silver exchange-traded funds, venture capital funds, private credit, and alternative investment funds (AIFs), S. Ramann said

Your PPO number is key to pension access. Retrieve it easily online via EPFO, UMANG, DigiLocker, or visit your bank for offline help.

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 CPPS is a paradigm shift from the existing pension disbursement system that is decentralized, with each Zonal/Regional Office of EPFO maintaining separate agreements with only 3-4 banks, a labour ministry statement said. In CPPS, there will be no need for pensioners to visit the bank for any verification at the time of commencement of pension and the pension shall be immediately credited upon release, it stated. The minister mentioned in the statement that the pilot run was completed on October 29-30 with the pension disbursement of about Rs 11 crore for October 2024 to more than 49,000 EPS pensioners of Jammu, Srinagar and Karnal regions. Earlier, during the announcement of the new CPPS system, Mandaviya had said, "The CPPS marks a significant milestone in modernization of the EPFO. By .

In this new auto-approved mechanism, the beneficiaries receive the pension payment order (PPO) immediately after linking their Janaadhar card with the scheme.

Pensioners had complained that the 'recovery of excess /wrong pension payments' was being done in violation of guidelines and court orders

DigiLocker is a digital document wallet for citizens that allows them to store and access important documents electronically

For the differently-abled, the pension is fixed at Rs 300 per month up to 79 years of age and Rs 500 for 80 years and above

PM Modi has given directions that pensioners be provided a hassle-free administrative system to resolve their grievances, said Jitender Singh

Pension Payment Order will be handed over to them at the time of retirement: Personnel Ministry