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Home News Feed Advisory

Latest EPF changes in 2025: Easy PF transfer, joint declaration process, CPPS, pension for higher wages and more

FinanceLaneby FinanceLane
January 27, 2025

The Employees’ Provident Fund Organization (EPFO) in a new circular outlines the implementation of the Centralized Pension Payment System (CPPS), effective January 1, 2025.

CPPS enables pension payments through the National Payments Corporation of India (NPCI), allowing pensions to be processed for any bank account, in any branch, of any scheduled commercial bank across India. Regional Offices (ROs) are now equipped as CPPS–enabled offices.

The EPFO said in a circular dated January 17, 2025, “It js reiterated that as CPPS is implemented w.e.f 1st Jan 2025, there shall be no transfer out to another RO. For cases which are already marked for transfer out but not yet transferred through e office as per Instructions Issued, the original RO in which claim is received, shall process it without transferring to any other RO. The claims erroneously transferred to another office in e office after 1st Jan 2025, shall be returned back to original office for necessary action.”

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