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Govt mulling 650% increase in minimum pension under EPFO: Reports
short by / on Thursday, 30 April, 2026
The government is mulling increasing the minimum pension under the Employees' Pension Scheme from ₹1,000 to ₹7,500, reports claimed. If approved, this will mark a massive 650% increase in pension for beneficiaries. EPFO, which manages EPS-95, is also considering ATM withdrawals to help people. The Centre contributes an excess of ₹950 crore/year so that beneficiaries get ₹1,000 minimum pension.
read more at Live Hindustan