EPS rule update: Pensioners can now withdraw pension from any bank branch

Employees’ Pension Scheme (EPS) subscribers now have access to their pension from any bank branch in India.

The ministry of labour and employment made the announcement in a statement on September 4 last year as part of the newly introduced Centralised Pension Payments System (CPPS) which is expected to benefit 78 lakh EPS pensioners with the convenience,