01-07-2025
BMTC achieves pension milestone under PRAYAS scheme
The Bengaluru Metropolitan Transport Corporation (BMTC) has reached a new milestone in employee welfare by issuing over 110 Pension Payment Orders (PPOs) in a single month under the PRAYAS scheme, setting a new record in June 2025.
According to BMTC, this achievement comes on the back of dedicated efforts by the corporation's Accounts Department and collaboration with the Regional Provident Fund Office.
Launched on July 21, 2020, the PRAYAS scheme ensures the timely issuance of pension benefits to employees turning 58 within the same month.
'BMTC has now emerged as one of the top organisations in Karnataka and India for issuing the highest number of PPOs under the scheme in a month. In the financial year 2024–25, the corporation processed 338 out of 372 pension applications, achieving a 91% completion rate. In recognition of these efforts, the Employees' Provident Fund Organization (EPFO) awarded appreciation certificates to BMTC on July 1, 2025,' BMTC stated in a release.
