E-pension verification system launched
Summary
Nepal has launched an Automated Pension Verification System to simplify pension services, allowing recipients to access services virtually and choose their preferred banks without physical visits.
Key Points
- Nepal launched the Automated Pension Verification System to simplify and digitize pension-related services.
- Finance Minister Dr Swarnim Wagle inaugurated the system prepared by the Financial Comptroller General’s Office.
- Pension recipients no longer need to visit banks in person annually to confirm pension receipt.
- The new system allows pensioners to select their preferred bank virtually, reducing hassle and bank commissions.
