EPFO may raise the minimum EPS-95 pension from ₹1,000 to ₹5,000, providing a financial boost for millions of retired private-sector employees. Official confirmation is awaited.
Currently, the eligible retired people get a minimum monthly pension of Rs 1,000. This amount has remained unchanged for many ...
The demand for a hike in the minimum EPFO pension under the Employees’ Pension Scheme (EPS-95) has been a longstanding issue raised by pensioners and employee unions across the country. With rising ...
Pensionary benefits are dependent on the length of service and the average of last wages drawn. It does not depend on the ...
EPS-95 Benefits And Calculator: EPS-95 has recently become a big topic of discussion among pensioners. Many people want the government to increase the minimum pension given under the EPS 1995 scheme.
EPFO may hike the minimum pension five times to Rs 5000 for private sector employees, pending government approval.