Pensioners coming under this scheme will get 7,500 monthly pension

                    Pensioners coming under this scheme will get 7,500 monthly pension

New Delhi: The government can soon bring relief to pensioners under Employee Pension Scheme-95. It may be possible that they can get a monthly minimum monthly income of Rs 5,000 and it can eventually be Rs 7,500. The organization that is pursuing this matter has said this on the basis of the assurances received from the Labor Ministry.

As per the Employee Provident Fund Organization (EPFO) Employee Pension Scheme 1995 (EPS-95), the pension is currently Rs 1,000 per month. All India EPS-95 Pensioners' struggle committee said in a statement that the Labor Ministry gave a similar assurance to the delegation in a meeting.

The meeting with the representatives was held on December 6, 2017. According to the organization, the minister assured the committee that the minimum pension will be discussed with the Finance Ministry along with the Prime Minister on his other demands, including monthly payments of 7,500 rupees.

The pensioners' organization had demanded that all 60 lakh pensioners under EPS-95 get minimum monthly pension of 7,500 rupees and Rs 5,000 as interim relief.

The organization said that the Parliamentary Consultative Committee on Labor also discussed their demands in their meeting held on January 5. Earlier, the struggle committee had said that there are about 60 lakh pensioners. Out of these 40 lakhs are getting pension less than Rs 1,500 per month while the government has a pension fund of Rs 3 lakh crore.