Hike in minimum pension from Rs. 1000 to Rs. 2000 per month RAJYA SABHA UNSTARRED QUESTION NO-1701 ANSWERED ON-01.08.2018 Smt. Wansuk Syiem (a)whether after meeting recently to consider higher pensions and equity investments, the EPFO the Government is considering a hike in minimum pension from Rs. 1000 to Rs. 2000 a month, costing the Governments … Read more
EPFO plans to hike minimum pension to Rs.2k The Employees Provident Fund Organization (EPFO) is considering an option to double the minimum pension amount to Rs2,000. The financial implications of the move are being measured. There were plans to announce the decision before the strike of central trade unions on September 2. However, sources said, … Read more
Correct ‘minimum’ and ‘maximum’ pensions were not taken into account in preparation of OROP tables “1:2200000 RATIO” – The correct ‘minimum’ and ‘maximum’ pensions were not taken into account in preparation of OROP tables notified on 03/02/2016 I remember a movie in which one person draws a line in the black board and asks the … Read more
Minimum pension fixed for retired Central Government employees Minimum Pensions The minimum pension fixed for retired Central Government employees is Rs. 3,500/- per month with effect from 01.01.2006. For pensioners, including those retired from public sector corporations and other establishments, to whom the Employees’ Pension Scheme (EPS), 1995 framed under the Employees’ Provident Funds & … Read more
Minimum pension of Rs. 1,000/- per month in perpetuity to Pensioners of Employees’ Pension Scheme, 1995 The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for continuation of the minimum pension of Rs. 1,000/- per month to the pensioners of Employees’ Pension Scheme, 1995 (EPS) beyond the financial year … Read more