Key Highlights:
- Government says EPF pension hike is still under review.
- Minimum pension remains at Rs 1,000 per month for now.
- Many employee groups and a panel have demanded a raise to Rs 7,500.
New Delhi: There have been many news reports recently that EPFO (Employees’ Provident Fund Organisation) may soon increase the minimum monthly pension from Rs 1,000 to Rs 7,500. Many employee unions and a Parliamentary Committee have been requesting this hike.
What Did the Government Say?
The government has now responded in Parliament. It clearly said that no final decision has been made yet on increasing the pension. Yes, the demand is strong, but the hike is still under review.
When Was Pension Last Increased?
In 2014, the minimum pension under EPFO was increased to Rs 1,000 using budget support. Since then, no change has been made.
Is There Any Hope?
Yes, the government is studying the proposal and its budget impact. Officials said that any decision taken will be shared with Parliament and the public.
What Does It Mean for Pensioners?
Right now, pensioners will have to wait a bit more. The minimum monthly EPF pension is still Rs 1,000, and there's no official announcement of a hike yet.
