EPFO Pension Hike: Will Minimum Monthly Pension Rise From INR 1,000?

EPFO Pension Hike: Will Minimum Monthly Pension Rise From INR 1,000?

With the Employees' Provident Fund Organisation's (EPFO) Central Board of Trustees (CBT) set to convene in November, millions of retirees are hopeful for a revision that addresses the escalating cost of living, while the government grapples with the financial sustainability of the expansive social security scheme. EPFO Pension Hike: Will Minimum Monthly Pension Rise From INR 1,000?.

EPFO board to meet on 19 November, proposal to raise minimum pension under EPS likely to be on agenda—Here's all we know

The EPFO board may discuss raising the Employees’ Pension Scheme minimum monthly pension at its meeting in Gujarat on 19 November. This comes amid demand from unions and pensioners, who have sought increase from ₹1,000/month to ₹7,500 month.

EPFO Pension Hike: Will Minimum Monthly Pension Rise From Rs 1,000 As Unions Seek Revision?

The EPFO may discuss a minimum pension hike at its November 19 meeting, as unions seek an increase from Rs 1,000 to Rs 7,500 per month.