Countries are switching from the conventional pension payment system to a biometric system as part of the digitalization of all government services. Because the manual payment services rely so heavily on the infrastructure, workforce, supplies, and logistics, fraud and leakages are frequent in the system.

1. Benefits of Digital Pension System -
Bhaa Abdul Hadi
Countries are switching from the conventional pension payment system to a
biometric system as part of the digitalization of all government services. Because the
manual payment services rely so heavily on the infrastructure, workforce, supplies,
and logistics, fraud and leakages are frequent in the system.
The process of disbursing pensions can be made simpler and more affordable by
utilizing a digital system supported by biometric authentication. Take a look at the
information you need to know about the digital pension payment system used.
Limitations of Conventional Pension System
Local officials play a major role in the traditional pension payment system. The
official compiles a list of pensioners and sends it to the superior for verification and
money remittance. This list includes newly eligible pensioners, updated pension
amounts, and deceased pensioners.
This list contains numerous errors, and because there is no transparency,
pensioners will not be aware of the updated pension amount. Pensioners must also
constantly be present at their regional office, along with their ID and passbook. All of
this will raise the price of pension disbursement and raise the risk of fraud.
How can Digital Pension System Help?
In the conventional system, the pension official is responsible for adding pensioners
and verifying a pensioner’s death. By removing these hierarchies, digital pension
payments enable retirees to sign up for the system directly.
They must provide biometric data along with their demographic and professional
information during registration. The pensioner can be identified anywhere and their
pension amount can be confirmed through the statement thanks to the biometric
information saved in the centralized system.
A biometric pension system can lower the cost of pension disbursement in nations
with weak financial infrastructure. Additionally, the traditional system may be
threatened by the large number of pensioners and unidentified immigrants rather
than the biometric system. The latter is precise and capable of handling high
throughput.
How can Pensioners Benefit from The Digital System?

2. Using pension funds is a part of finding and exploring peace in retirement. However,
regrettably, in order to receive their pension and show that they are still alive,
pensioners must appear at the pension office.
Pensioners must deliver their life certificate to the disbursing agency if they don not
submit the one issued by the authority where they previously served. This will put
pensioners in their senior years through a great deal of hardship and unnecessary
inconvenience observed Bahaa Abdul Hadi.
The goal of the digital pension solution is to make authentication more convenient
and easier for retirees. As a result of this effort, retirees will no longer be required to
appear in person before the disbursing agency or the certification authority. It will
greatly benefit senior citizens and eliminate unneeded logistical challenges.
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