<h1>IDFC FIRST Bank Now Authorized to Disburse Pensions to Central Government Retirees with Enhanced Account Benefits</h1> IDFC FIRST Bank has been authorized by the Central Pension Accounting Office (CPAO) to disburse pensions to Central Government pensioners. Eligible pensioners include All India Service Officers, former MPs, retired judges, former Presidents and Vice Presidents, and civil ministry officials. Pensioners can receive payments directly in their IDFC FIRST Bank Savings Account, which can be jointly held with a spouse for family pension continuity. Account benefits include zero-fee banking on 36 services, higher interest rates with monthly credits, cyber insurance coverage, health membership benefits, free doorstep banking, and zero penalty for premature fixed deposit withdrawals for senior citizens.