Parliamentary panel suggests raising EPF amount, says ₹1,000 inadequate

A parliamentary panel on Tuesday recommended an urgent review of the existing ₹1,000 minimum monthly pension under the Employees' Pension Scheme. The panel noted that the minimum pension is inadequate and has remained unchanged for a considerable period of time despite the rising cost of living. Pensioners had also staged protest at Jantar Mantar for increasing the minimum monthly pension.

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