A Pension Payment Order (PPO) is a crucial element for all pensioners. Let’s delve into its significance:
Definition: A PPO is a unique 12-digit number issued to every pensioner covered by the Employee Pension Scheme (EPS) under the Employee Provident Fund (EPF).
It serves as the
transaction IDfor communications and transactions related to the EPS.
The 12-digit PPO number is structured as follows:
The initial
5 digitsrepresent the
PPO issuing authority’s code number.
The
6th and 7th digitsdenote the
year of issuingthe PPO number.
The
8th, 9th, 10th, and 11th digitsindicate the
sequential numberof the PPO.
The
12th or last digitserves as a
digital check digit.
Importance of PPO Number:
- Receiving Pension
: With a PPO number, you can
receive and track your pension.
- Grievance Filing
: When filing grievances with the
Employee Provident Fund Organisation (EPFO), the PPO number is essential.
- Bank Account Changes
: If you switch bank accounts, the PPO number is
mandatoryfor receiving pension in the new account.
- Annual Life Certificate
: You need to provide the PPO number while submitting the
annual life certificateto ensure your pension continues.
- Receiving Pension
How to Obtain Your PPO Number:
Visit the
official website of EPFO.
Click on
“For Employees”under the
“Services”tab.
Select
“Pensioner’s Portal”and click on
“Know your PPO number”.
Enter your
PF numberor
bank account numberto retrieve your PPO number, along with other relevant details.
Remember, your
EPFO PPO number
plays a vital role in ensuring a smooth and secure pension journey.
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Hi there,
After retirement, we try to find ways to get our pension to run our house. The pension is very crucial to everyone and to obtain the pension you must know the PPO number. So, what is PPO number in PF? I will share with you what is PPO number in pension below.
For any legal consultation contact expert lawyers at NoBroker legal services!What is PPO number in EPF?
The full form of PPO is Pension Payment Order. The PPO is a unique 12-digit number that helps pensioners get their pension every month. This is an important number for a person who has already retired or a person who is going to retire soon.
Besides, the PPO number is crucial since you need to put in your life certificate every year.
The PPO number is nothing but a reference number which is required for any communication made to the Central Pension Accounting Office (CPAO).
As a pensioner, if you forget your PPO number and you want to find your PPO number, you can get it by submitting your account number which is linked to your EPF or you can get it by using your Member ID. The Member ID is the PF number of the pensioner given by the EPFO.
To get your PPO number you can easily visit the EPFO website at:
www.epfindia.gov.in
From here you can easily obtain the PPO number.
I hope you know what is PPO number in EPF now.
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What is PPO number in pension?
sanjukta
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2 Year
2022-08-11T10:34:08+00:00 2022-08-17T20:15:22+00:00Comment
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