EPS-95 pension hike likely? Minimum pension may rise above Rs 1,000; check who could benefit most
A long-pending demand of EPFO pensioners may finally move forward, with the labour ministry reportedly examining a revision in the minimum monthly pension under the Employees’ Pension Scheme (EPS-95). The present guaranteed pension stands at Rs 1,000 a month, and any upward revision could bring relief to lakhs of retirees receiving low payouts.No official figure…