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'Pension will stop if you don't fill this form': Govt warns of pension scams, offers tips to protect pensioners

By Economic Times - 3 months ago
The Central Pension Accounting Office (CPAO) warned pensioners of increasing online scams targeting their retirement funds. In an August 2024 memorandum, they instructed banks to inform pensioners about these fraudulent activities. Scammers often exploit pensioners' trust and lack of tech knowledge to steal personal information or trick them into transferring money.

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