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EPS PENSIONERS PROTESTING IN DELHI ON 27 FEBRUARY FOR THE MINIMUM MONTHLY PENSION

EPS Pensioners protesting in Delhi on 27 February for the minimum monthly pension All-India EPS-95 Pensioners Sangharsh Samiti will take out a march from the Jantar Mantar to the Prime Minister’s Office (PMO) in Delhi on February 27 for the minimum monthly pension of Rs 7500 under the scheme. EPS-95 pensioners from all over the country have been agitating on the issue of raising their pension since the last three years, but the Centre has done nothing except giving hollow assurances, a statement said Friday. “As per a Supreme Court order, EPS pensioners should be given a higher pension. At present they are getting the pension in range of Rs 200 to Rs 2500 per month, which is meagre in view of rising inflation,” the Sangharsh Samiti’s Bhopal coordinator R A Dharkar stated. He said the pension amount should be raised to minimum Rs 7500 per month apart from the DA (Dearness Allowance). “A rally will be taken out on February 27 from Jantar Mantar to the office of the Prime Minis...

EMPLOYEES PENSION SCHEME (EPS), 1995, A MINIMUM PENSION OF RS. 1,000/- PER MONTH HAS BEEN PRESCRIBED WITH EFFECT FROM 01.09.2014 FOR THE PENSIONERS UNDER EMPLOYEES PENSION SCHEME (EPS), 1995.

Ministry of Labour & Employment Minimum Pension 17 DEC 2018 As regards Employees Pension Scheme (EPS), 1995, a minimum pension of Rs. 1,000/- per month has been prescribed with effect from 01.09.2014 for the pensioners under Employees Pension Scheme (EPS), 1995. In the case of Atal Pension Yojana (APY), depending upon the pension plan selected, each subscriber under APY shall receive a guaranteed minimum pension of Rs. 1000 per month or Rs. 2000 per month or Rs. 3000 per month or Rs. 4000 per month or Rs. 5000 per month, after the age of 60 years until his/her death. If the actual returns during the accumulation phase are higher than the assumed returns for minimum guaranteed pension, such excess will be passed on to the subscriber. As such, the minimum pension depending upon the pension plan selected by the subscriber is fixed under the APY. Under National Pension System (NPS), there is no ceiling fixed for minimum pension. Further, a High-Empowered Monitoring Committ...