Department of Pension Launches Integrated Portal 'Bhavishya' for Government Retirees
Introduction of 'Bhavishya' Portal
The Department of Pension and Pensioners' Welfare of the Central Government has launched the 'Bhavishya' portal in collaboration with the Bank of India, designed to streamline and integrate pension-related services for government retirees. The portal combines the pension processing and payment services of five major banks into a single window, providing a unified platform for pensioners.
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| Pension Department launches integrated portal ‘Bhavishya’ for government retirees |
Purpose of the 'Bhavishya' Portal
The primary goal of the 'Bhavishya' portal is to ease the pension-related issues faced by government retirees. This integrated platform allows pensioners to:
- Change banks with ease.
- Check life certificate submission status.
- Access pension slips, Form 16, and pension receipt information.
By integrating the websites of pension-disbursing banks with the unified portal, the 'Bhavishya' platform simplifies the process for retirees and reduces the administrative burden on pension-distributing banks.
Collaboration with Major Banks
The integration of the 'Bhavishya' portal with the services of major banks is a significant step towards achieving a more efficient pension system. The work of integrating the portal with the respective services of the following banks has been completed:
- State Bank of India
- Bank of Baroda
- Punjab National Bank
- Canara Bank
- Bank of India
The Central Government plans to integrate most pension-distributing banks with the 'Bhavishya' portal, providing government retirees with a unified experience for their pension-related needs.
Digital Empowerment of Pensioners
The launch of the 'Bhavishya' portal reflects the Department of Pension and Pensioners' Welfare's commitment to digitally empowering pensioners through various means, such as:
- Digital Life Certificates: Pensioners can submit their life certificates digitally, eliminating the need for in-person visits to banks or government offices.
- Bhavishya Portal: This portal ensures the digitalization of pension processing and payments, allowing pensioners to access pension-related information and services with ease.
Conclusion
The launch of the 'Bhavishya' portal is a significant milestone in the digital empowerment of government retirees in India. By providing a single-window platform for pension processing and payment services, the 'Bhavishya' portal streamlines the pension system and reduces the administrative burden for pension-distributing banks.
This integrated approach aims to improve the overall experience for government retirees, offering them greater flexibility, transparency, and convenience. As the 'Bhavishya' portal continues to expand its reach by integrating more banks, government retirees will benefit from a seamless and unified platform for all their pension-related needs.
