The government is going to give a wonderful gift to the subscribers of EPFO’s Pension Scheme (EPS). Whose pensioners have been demanding for a long time that the minimum pension should be increased. In such a situation, there can be an increase of 9% in the pension of the employees.
The government is going to give a wonderful gift to the subscribers of the Pension Scheme (EPS) of EPFO ​​​​(EPFO). Now preparations are on to increase the minimum pension available in this scheme by 9 times. If this happens, now people associated with EPS can get 9-9 thousand rupees every month instead of 1-1 thousand.
According to the news, the Labor Ministry can take a decision in this regard in the next meeting. In the same meeting, there are speculations that a decision will be taken on the new Wage Code. It is being told that the main agenda of this important meeting is to increase the minimum pension under the Employees’ Pension Scheme.
Pensioners have been demanding for a long time that the minimum pension should be increased. Several rounds of discussion have already taken place in this regard. The Standing Committee of Parliament has also suggested in this regard. It is being told that the decision to increase the minimum pension is being taken on the basis of the recommendations of the committee.
The Standing Committee of Parliament had suggested this in March 2021. The committee had said that the minimum pension amount should be increased from the existing one thousand to three thousand. However, pensioners say that it should be increased to 9 thousand. This will happen only then the pensioners associated with EPS-95 will be able to get the benefit in the true sense.
There is also a suggestion that the minimum pension should be decided from the last salary of the person concerned. The minimum pension should be fixed on the basis of the last salary received by the employee just before retirement. This suggestion can also be considered in the next meeting of the Labor Ministry.
