Question
What is the minimum pension per month for the pensioners
under the Employees’ Pension Scheme (EPS), 1995?Solution
The Government had, for the first time, provided a minimum pension of Rs.1000/- per month to the pensioners under Employees’ Pension Scheme (EPS), 1995 from 01.09.2014 by providing additional budgetary support. In addition, Government provides budgetary support of 1.16% of wages of the member to Employees’ Provident Fund Organisation (EPFO).
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