The Employees’ Provident Fund Organisation ( EPFO ) has officially approved a significant update to its pension scheme. Starting in 2025 , the minimum monthly pension under the Employees’ Pension Scheme (EPS) will be raised to ₹7,000. Additionally, pensioners will now be entitled to Dearness Allowance (DA) benefits linked to inflation. This move is aimed at providing better financial security to over 6 million EPS beneficiaries. Pensioners in India are expecting a massive hike in the minimum pension under the EPFO -backed employees' pension scheme (EPS) of 1995. The majority of reports are predicting that the minimum ... Ahead of Budget 2025 , a delegation of EPS-95 retirees met Finance Minister Nirmala Sitharaman to press for their long-standing demand of a minimum pension of Rs 7,500 per month plus dearness allowance (DA). In a move that promises to bring substantial financial respite to millions of retired private-sector employees across India, the Employees’ Provident Fund Organisation ( EPFO ) is reportedly set to hike the minimum pension under the Employees’ Pension Scheme (EPS) to ₹7,500 per month. This potential increase from the current meager minimum of ₹1,000 has been a long-standing demand from pensioners and labor unions alike, who argue that the existing amount is woefully inadequate to cope ...
