EPFO Plans EPS Pension Hike Above INR 1,000: Who Could Benefit and How It May Impact Subscribers | LatestLY
The Employees' Provident Fund Organisation (EPFO) is reportedly evaluating a proposal to raise the minimum monthly pension under the Employees' Pension Scheme (EPS-95), currently fixed at INR 1,000. The move, under consideration by the Ministry of Labour and Employment, aims to provide relief to millions of pensioners who have long argued that the existing amount is inadequate amid rising living…
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