Using biometric technology, issue digital life certificates to retirees.


 

Using biometric technology, issue digital life certificates to retirees


Biometric technology is increasingly being employed in the public sector across the globe. Pensioners who are members of an employee pension plan may now send in their biometric information to renew their life certificates in several locations.



The individuals in charge of distributing pensions must check in on a regular basis to ensure that the retirees are still alive and receiving the money they are entitled. This is done often, and they normally mail a "Life Certificate" form or phone the retiring members to have them sign it.


Pensioners in India who have been a member of the Employees Pension Scheme since 1995 may now apply for a Jeevan Pramaan Patra life certificate online. This employs face recognition technology and incorporates age-defining technologies into the lives of the elderly.


The Zimbabwean government has begun to scrutinize retirees' Biometric Life Certificates in order to strengthen the pension system and combat corruption. The exercise's purpose for both the government and the pensioners is to cease paying money to "ghost" pensioners, make the pension system more secure in order to prevent corruption, and enhance service.


You may also be interested in reading: Feeding Millions in Yemen: Confronting the Identity Crisis.


The transition to biometric technologies has not been without flaws. For example, many elderly persons have had difficulty accessing their biometrics at first because to their age or health. As part of the process of obtaining a life certificate, pensioners must visit facilities to register and have their biometrics checked on a regular basis.


Biometric authentication methods for granting life certificates are a technological innovation that will make it simpler and less expensive for retirees to get the documentation they want without having to go from one government office to another. All pensioners will benefit from this.


Inefficient pension fund administration and payout results from fraudulent actions, duplicate data, and manual operations. Fraudsters may also steal qualified seniors' pensions, resulting in an overpayment of social welfare payments. M2SYS, a well-known leader in e-government projects in public service and social welfare programs, seeks to make it easier for governments to manage their workers' pension funds.


You may also be interested in reading: Identity theft in the financial industry puts South Africans at risk.


The M2SYS eGov Pension Management Solution is an enterprise solution that is highly scalable for government and private pension plans, sponsors, union trusts, third-party administrators, and financial institutions. It offers robust processes and digitization to fulfill the demands of public sector pension systems, participants, and employers. It may also be readily linked to third-party systems to expedite administrative chores and biometric solutions to confirm identification. This makes it ideal for quicker and simpler deployments.


Download the booklet now or contact us immediately for a live demo to learn more about M2SYS eGov Pension administration system.

Comments

Post a Comment

Popular posts from this blog

What IT Leaders Should Consider About No-Code Platforms

Image
This article was first published here:   What IT Leaders Should Consider About No-Code Platforms According to several new product category ecosystem maps emerging in the venture capital industry, there is obviously a micro-bubble forming around no-code technologies, a software environment in which non-programmers may drag and drop programs. The increasing number of inbound sales calls connected to no-code providers indicates that it is past time to address the business user community’s potential and difficulties. Though manufacturers would have you believe that no-code solutions are a simple and quick cure for application development and workflow management difficulties, some obstacles remain that must be carefully considered before utilizing this new and creative technology. There are several complicated technological challenges that must be resolved before no-code platforms may become the new standard. There is still a learning curve associated with these technologies, which IT direc
Read more

Understanding the Basics of UKG Step Progression: A Beginner's Guide

Image
 Understanding the Basics of UKG Step Progression: A Beginner's Guide Wages go up over time because businesses grow and their workers learn more skills. Step-by-step control is a common way to keep this process under control. In this tutorial for beginners, we'll go over the basics of step progression and how it can be used in UKG software to keep track of employee salaries. CloudApper will also be introduced as a system that can automate the process, saving time and reducing mistakes. What does Step Progression mean? Step progression is a way to raise an employee's pay over time as they gain experience and/or seniority. Usually, this is done through a series of "steps" or "grades" that a person moves through as their career goes on. Each step has a higher salary rate, and workers move up to the next level when they meet certain requirements, such as getting a certain amount of training or working for a certain number of years. Step Progression: Why Shou
Read more

Biometric voter ID programs are moving forward in Liberia.

Image
 Biometric voter ID programs are moving forward in Liberia. The UN Development Programme (UNDP), the government of Liberia, and the World Bank have come together to start a groundbreaking project that will give every Liberian citizen a biometric ID card. This ambitious program is starting at a very important time, since it is thought that more than half of Liberia's people do not have access to traditional forms of ID. The goal of this project is to give everyone a recognized identity card that can be verified by comparing multiple data points from sources like family members, community members, or superiors. This can be done without long trips or complicated procedures that require official documents like passports or birth certificates. This will also make it easier for people to use government services and benefits like schools and hospitals. There is a lot of voter fraud in Liberia. The problem of voter fraud in Liberia is a serious one that doesn't look like it will go awa
Read more