Min monthly insurance under EPFO may rise to ₹3000 from ₹1000

Min monthly insurance under EPFO may rise to ₹3000 from ₹1000

The government is reportedly considering a major hike in the minimum EPS-95 pension, with proposals ranging from ₹1,500 to ₹3,000 or higher. If implemented, the biggest benefit may go to low-income EPFO pensioners with shorter service periods and salaries between ₹10,000 and ₹14,000. However, no final approval has been officially announced yet.

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