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Pension crisis: 4.9 mn retirees under EPS-95 get meagre pensions below Rs 1,500, govt data shows
Nearly half of all retirees under the Employees’ Pension Scheme, 1995 (EPS-95), survive on less than ₹1,500 a month, according to government data. The figures underscore growing concerns over the ...
Nearly half of pensioners under the EPS-95 receive less than Rs 1,500 monthly, according to March 2025 data presented to Parliament. A mere 0.65% of over 81 lakh pensioners get over Rs 6,000. Trade ...
New Delhi, Aug 21 (PTI) Every second pensioner under Employees' Pension Scheme 1995 (EPS-95) administered by retirement fund body EPFO gets less than ₹1,500 a month, as per the data of March 2025, ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The Employees’ Provident Fund ...
What is EPS Pension Scheme? The government introduced this retirement benefit pension scheme in 1995 for EPF account holders. The retirement pension amount depends on the salary and the number of ...
How is EPS contribution made? In saving for retirement, you and your employer make a contribution. Here's the method: You and your employer contribute 12 per cent of your basic salary to a fund. Your ...
Nearly two weeks before the deadline to opt for a higher pension scheme was to expire on March 3, pension fund body EPFO released a circular on Feb 20 explaining the process of doing so. The last date ...
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