Explained EPFO Update: No Immediate Plan to Raise Minimum EPS Pension to ₹7,500, Govt Tells Parliament
The Union government has once again clarified that there is no immediate proposal to increase the minimum pension under the Employees’ Pension Scheme (EPS), 1995 from ₹1,000 to ₹7,500, despite persistent demands from pensioners and concerns over rising inflation – EPS minimum pension hike. Responding to a query in the Rajya Sabha, the Labour Ministry…