The Supreme Court of India has announced the long-overdue increase in the Employees’ Pension Scheme (EPS-95) as a major relief to more than 78 lakh pensioners. The monthly pension at the minimum level now stands at ₹7,500, together with the Dearness Allowance (DA), which is meant to ease the burden on the senior citizens due to rising prices of basic commodities.
What Is EPS-95?
EPS-95 is a provident fund scheme introduced in 1995 by the Employees’ Provident Fund Organisation (EPFO). It offers monthly pensions to employees working in the private sector at the rate of 8.33% of the pensionable salary. This particular scheme came into the limelight due to the fact that many retirees were getting just ₹1,000 per month, which ultimately led to the protest turning into legal battles lasting for years.
Latest Update: Supreme Court’s 2025 Verdict
- Date of Decision: April 2025
- Authority: Supreme Court of India
- New Minimum Pension: ₹7,500/month
- Additional Benefit: Dearness Allowance (DA) included
- Beneficiaries: Over 78 lakh EPS-95 pensioners
- Implementing Body: EPFO
It was the united front of the pensioners supported by the EPS-95 National Agitation Committee that claimed this decision after a long time.
Pension Comparison Table
| Pension Type | Old Amount (₹) | New Amount (₹) |
|---|---|---|
| Minimum Monthly Pension | 1,000 | 7,500 |
| Dearness Allowance | Not Included | Included |
Why This Matters
- More dignified income for the pensioners.
- The DA inclusion is an adjustment to the rising prices.
- The move has set a precedent for future pension reforms.
Final Thoughts
The EPS-95 pension hike is the major milestone for the retired workforce of India. Pensioners after a long hard fight can now look forward to the more secure and dignified life post retirement. Though the details of implementation are still forthcoming, this Supreme Court ruling is already seen as a significant victory for social justice and financial dignity.
Also Read/ Fitment Factor Hike 2025: Big Salary Boost Expected for Government Employees!
