Govt dept to collaborate with SBI to create Integrated Pension Portal

June 22, 2022
Current Context: Centre's Department of Pension & Pensioners' Welfare (DoPPW) will collaborate with the State Bank of India (SBI) to create an integrated pension portal to enhance the ease of living of pensioners.
Govt dept to collaborate with SBI to create Integrated Pension Portal
  • Special Sessions were organized on income tax matters related to pensioners as well as digital means of submitting annual life certificates.
  • Sessions on pension policy reforms and digitization regarding the disbursement of pensions to central government pensioners were also organized.
  • Digital life certificates and face authentication technology have been used, which would be a game-changer for pensioners and banks in the submission of life certificates.
  • Apart from that immediate efforts are provided for the creation of an integrated pension portal by linking the existing portals of the DoPPW and the SBI to provide seamless services to pensioners.
  • Besides four awareness programs will be conducted in collaboration with the State Bank of India to cover the whole country.

Question:

Q.1 Department of Pension & Pensioners’ Welfare (DoPPW) has recently developed an integrated pension portal with which of the following bank?
a. ICICI Bank
b. HDFC Bank
c. SBI Bank
d. Yes Bank

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