EPFO Board Meeting On October 10–11: Pension Hike After 11 Years Likely Under EPS

New Delhi : After 11 years without change, pensioners may finally see relief: the Employees’ Provident Fund Organisation (EPFO) is planning to discuss increasing the minimum monthly pension under the EPS-95 scheme during a Central Board of Trustees meeting scheduled in Bengaluru on October 10–11.

Currently, the minimum pension remains at Rs 1,000 per month, a rate that hasn’t been revised since 2014. Given rising living costs and inflationary pressures, employee unions have long demanded a higher amount—some even calling for a hike to as high as Rs 7,500. However, initial reports suggest the board might consider a more modest increment to around Rs 2,500, subject to final government approval.

The proposed hike is contingent on board consensus. Alongside that, the EPFO plans to push forw