When epfo will increase pension of private employees
Up to March 5, 2025, the Employees' Provident Fund Organisation (EPFO) has not made any formal announcement regarding the hike in the minimum pension of private sector workers under the Employees' Pension Scheme (EPS). Although there have been proposals and discussions on increasing the minimum pension from ₹1,000 to ₹7,500, no decision has been taken. Earlier, the Ministry of Finance rejected a suggestion to raise the minimum pension to ₹2,000 from ₹1,000 citing fiscal limitations. Hence, the timeline for any possible rise in pension is indefinite.

Comments
Post a Comment