Proposal for Rs 1,000 min month pension approved:
Govt
07/07/2014 17:11
Government has approved minimum monthly pension of Rs 1,000 under Employees Pension Scheme 1995 (EPS-95) run by the retirement body Employees' Provident Fund Organisation (EPFO), Parliament was informed today, reported PTI. The decision of the government would immediately benefit 28 lakh pensioners including 5 lakh widows getting less than Rs 1000 as pension every month. In all, there are 44 lakh pensioners under the EPS-95 scheme, as per the media reports. "Yes, Government has approved minimum pension of Rs 1000 per month to the pensioners under the EPS-95," Minister of state for Steel, Mines, Labour and Employment Vishnu Deo Sai said in a written reply to Lok Sabha. According to the Minister, several representations have been received for enhancement of pension under EPS-95 and based on those, "government has approved minimum pension of Rs 1,000 to pensioners under the EPS-95." Earlier, Labour Minister Narendra Singh Tomar had discussed the proposal with trade unions on June 24 and assured the government will take a decision within two weeks, as per the reports in the media.
07/07/2014 17:11
Government has approved minimum monthly pension of Rs 1,000 under Employees Pension Scheme 1995 (EPS-95) run by the retirement body Employees' Provident Fund Organisation (EPFO), Parliament was informed today, reported PTI. The decision of the government would immediately benefit 28 lakh pensioners including 5 lakh widows getting less than Rs 1000 as pension every month. In all, there are 44 lakh pensioners under the EPS-95 scheme, as per the media reports. "Yes, Government has approved minimum pension of Rs 1000 per month to the pensioners under the EPS-95," Minister of state for Steel, Mines, Labour and Employment Vishnu Deo Sai said in a written reply to Lok Sabha. According to the Minister, several representations have been received for enhancement of pension under EPS-95 and based on those, "government has approved minimum pension of Rs 1,000 to pensioners under the EPS-95." Earlier, Labour Minister Narendra Singh Tomar had discussed the proposal with trade unions on June 24 and assured the government will take a decision within two weeks, as per the reports in the media.
