GOVERNMENT MULLS ENHANCEMENT OF PENSION UNDER EPS ,1995

The Central Government has constituted an Expert Committee to review the Employees’ Pension Scheme, 1995, whose report is to be submitted to the Government. This information was given by the Minister of State for Labour and Employment, Shri Harish Rawat in the Lok Sabha today, in a written reply to a question.

The Minster further stated that the main suggestions / representations / complaints received on Employees’ Pension Scheme, 1995 primarily cover the following:

Increase in minimum pension.



Increase of rate of contribution of employers and Government towards Employees’ Pension Scheme, 1995.



Grant of Additional Relief regularly.



Increase in the maximum salary limit.



Pension at par with Central Government.



Restoration of provisions of Commutation and Return of Capital.



DA to pensioners linked with cost of index.

The suggestions are placed before the Expert Committee for necessary consideration and recommendation, the Minister added.

source PIB