NPS pensions now processed like Old Pension Scheme
The Central Pension Accounting Office (CPAO) has updated its guidelines for processing pensions under the New Pension Scheme (NPS). As of March 12, 2025, NPS pensions will be processed like those under the Old Pension Scheme (OPS). Previously, on December 18, 2023, the CPAO issued guidelines to ensure timely pension payments. The new instructions require Pay and Accounts Offices (PAOs) to submit two copies of Provisional Pension Payment Orders (PPOs) instead of three, to avoid delays. The CPAO emphasized the need for compliance with these updated guidelines. It has instructed relevant authorities to ensure that PAOs follow the new procedures for processing NPS cases.