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

Starting January 1, 2025, members of the Employees' Pension Scheme (EPS) will have the convenience of withdrawing their pension from any bank branch, regardless of their pension account’s bank. This new rule aims to simplify the process for pensioners and improve accessibility. The article details the benefits of this change, including greater flexibility and ease of access for pensioners across India. The reform is expected to enhance the overall efficiency of pension disbursement and provide significant relief to retirees.