EPFO has given big relief to lakhs of its pensioners. Now on the lines of the corporate sector, pensioners will get their pension in their bank account on the last date of every month.
Now there will be no need to wait from 1st to 5th of every month, 2 days before the end of the month in the pensioners’ bank. Money will be made available with the list.
Kanpur. EPFO has given big relief to lakhs of its pensioners. Now on the lines of the corporate sector, pension to the pensioners will reach their bank account on the last date of every month. Now you will not have to wait from 1st to 5th of every month, money will be made available in the pensioners’ bank along with the list of pensioners 2 days in advance at the end of the month. RPSC Pension Vishal Agrawal of EPFO Headquarters has issued instructions to all the regional offices of the organization and has made a provision to implement the new system from this January, pensioners were registering complaints of late pension for many years.
RPFC told the regional offices that banks should make arrangements to send the reconciliation statement to the banks two days in advance at the end of every month, so that the amount of pension item reaches the banks and the pension amount reaches the pensioner’s account in 30 or 31.
EPFO CBT member Harbhajan Singh said that for years the demand of pensioners has now been fulfilled. After seeing the result of two months, it will be implemented 100 percent. Till now, pension was sent to banks on 1-5th of the month. He told that at the end of the month, the banks will get the pension amount two days in advance.