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EPFO may raise EPS minimum pension to Rs 1000 as Labour moves closer to hike

Economy
Published on 1 May 2026
EPFO may raise EPS minimum pension to Rs 1000 as Labour moves closer to hike

A higher floor pension could expand for eligible workers

EPFO members awaiting a higher minimum pension under the EPS-95 scheme may get relief soon. The Ministry of Labour and Employment is reportedly considering raising the minimum monthly pension from the current Rs 1,000. If approved, the change is expected to benefit a large set of eligible pensioners whose payouts currently sit at or near the minimum threshold.

  • Labour Ministry reportedly weighs raising EPS-95 minimum pension
  • Minimum monthly pension could move up from the current Rs 1,000
  • Eligible EPFO members and pensioners stand to benefit broadly
  • Final decision will depend on government approval
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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