Under the ‘Prayas’ initiative of the Employees’ Provident Fund Organization (EPFO), the first Pension Payment Order (PPO) has been issued to Bokaro Steel Limited (BSL). The PPO was presented by BSL Director-in-Charge Birendra Kumar Tiwari to Neena Singh, General Manager (HR) on her retirement.

The event was attended by several senior officials including BSL Executive Director (Projects & Additional Charges MM) CR Mahapatra, Executive Director (Finance & Accounts) Suresh Rangani, Executive Director (HR Works & Additional Charges) Rajan Prasad, Director Chief General ( HR) Hari Mohan Jha, EPFO ​​Nodal Officer and Deputy General Manager (Finance & Accounts) Poonam Singh and EPFO ​​Enforcement Officer, Bokaro, Ritu Raj Kumar.

As per EPFO ​​norms, pension payments start from an employee attaining the age of 58 years. Three months before this stage, the HR department initiates the process by conducting a thorough check of each employee’s records and service documents. Upon successful completion of this review, the PPO is generated, ensuring that pension payments are processed promptly. The timely issuance of this PPO reflects the combined efforts of EPFO ​​and BSL, marking a significant achievement in improving employee welfare.