The government has explained that the long-pending demand to raise the minimum EPS-95 pension from Rs 1,000 to Rs 7,500 is ...
The EPS pension amount is calculated using a specific formula: Pension = (Average Salary × Pensionable Service) ÷ 70. The ...
The government has reiterated financial and actuarial constraints in response to renewed calls for an increase in the minimum ...
EPS-95 pensioners across India have been seeking a minimum monthly pension of Rs 7,500, along with dearness allowance, family ...
The demand for a hike in the minimum EPFO pension under the Employees’ Pension Scheme (EPS-95) has been a longstanding issue raised by pensioners and employee unions across the country. With rising ...
EPS-95 pensioners have been demanding a minimum monthly pension of Rs 7,500. Currently, the minimum EPS-95 pension is Rs 1,000 per month.
EPS-95 pensioners hoping for a pension hike will likely be disappointed. The Labour Ministry confirmed an actuarial deficit in the Employees' Pension Scheme, meaning it's not generating enough to ...