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Important Facts For Prelims

SAMPANN Project

  • 11 Dec 2021
  • 2 min read

Why in News

Over one lakh people have received pensions directly in their bank accounts through the SAMPANN (System for Accounting and Management of Pension) project.

Key Points

  • About:
    • It was launched in 2018. It is a seamless online pension processing and payment system for Department of Telecommunications pensioners.
    • It provides direct credit of pension into the bank accounts of pensioners.
    • It is an ambitious project being implemented by the Ministry of Communications.
    • It has helped the Department in faster settlement of pension cases, improved reconciliation/auditing and ease of accounting.
    • It has also been instrumental in settling close to 76000 BSNL Voluntary Retirement Scheme 2019 cases in a short span of 6 months.
    • It is a system with a flexible design which enables it to accommodate ever expanding requirements.
  • Benefits:
    • It provides e-Pension payment orders which make the payment process easier and hassle-free.
    • Timely settlement of pension cases.
    • Every pensioner gets access to key information like payment history along with a login option.
    • Login for each pensioner enables access to key information like payment history.
    • Online submission of grievances and timely SMS alerts.

Source: PIB

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