Economic Times01.05.2026BusinessIndia
EPFO Min Pension Hike: Who Benefits Under EPS-95?
Ministry of Labour considering raising minimum monthly pension from Rs 1,000; employees with lower salaries and 10-15 years service likely to gain
L'essentiel
- The Ministry of Labour and Employment is considering raising the minimum monthly pension under EPS-95 from Rs 1,000, potentially benefiting EPFO members with lower pensionable salaries and shorter service periods.
- Employees earning below Rs 15,000 average basic pay over 60 months with 10-15 years of service would gain the most from any increase in the Rs 1,500-Rs 3,000 range.
Résumé généré par IA
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The Ministry of Labour and Employment is considering raising the minimum monthly pension under EPS-95 from Rs 1,000, potentially benefiting EPFO members with lower pensionable salaries and shorter service periods. Employees earning below Rs 15,000 average basic pay over 60 months with 10-15 years of service would gain the most from any increase in the Rs 1,500-Rs 3,000 range.
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This article was originally published by Economic Times.
