Old Pension Scheme Update: ₹7,500 Minimum Pension on the Horizon?
The Employees’ Provident Fund Organisation is said to be weighing a substantial hike to the minimum pension under the Employees’ Pension Scheme of ’95. If the plan clears the final hurdles, the floor payout could leap from ₹1,000 to ₹7,500 starting April 2025. Such a sevenfold jump would lift nearly 78 lakh pensioners nationwide, delivering … Read more