Government Poised to Increase EPF Pension Beyond Current ₹1000, Benefiting New Account Holders
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Big Boost for PF Account Holders: Govt Eyes Pension Hike from Rs 1,000
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News18•17-03-2026, 18:33
Big Boost for PF Account Holders: Govt Eyes Pension Hike from Rs 1,000
•Parliamentary committee recommends increasing minimum monthly pension under EPFO's Employees' Pension Scheme, 1995, from Rs 1,000.
•Pensioners demand an increase to Rs 7,500 per month, citing difficulties with the current Rs 1,000.
•Committee highlights that the Rs 1,000 minimum pension is insufficient given current inflation and consumption.
•Ministry of Labour and Employment already provides financial assistance, including a 1.16% contribution and budgetary support for the Rs 1,000 minimum.
•Committee urges immediate review of minimum pension and increased budgetary support to ensure a fair, respectable pension for retirees.
