In a monumental relief to millions of pensioners, the Indian Government has sanctioned a lavish rise in the least monthly pension that comes under the Employees’ Pension Scheme (EPS)-95. The new rule that will come into effect from April 2025 has raised the floor pension from ₹1,000 to ₹7,500 per month. This move, which was expected for years, is mainly aimed at boosting the finances and the dignity of the retired personal from the organized sector.
What Is EPS-95?
The Employees’ Pension Scheme EPS-95 is a public provident fund social security plan administered by EPFO. It grants retirement pensions to people who have retired after contributing to the PF. Besides, the scheme takes care of the family by offering financial support in case of the member’s permanent disability or death.
What’s New in 2025?
As a result of the years of demands and protests staged by pensioners and advocacy groups, the government has finally upped the minimum pension amount. The new rule will come into effect in April 2025 and all eligible pensioners under EPS-95 will get at least ₹7,500 per month. Moreover, the government is entertaining ideas that are proposing to have DA included along with medical facilities, though the matter is still under consideration.
EPS-95 Pension Hike Summary
| Feature | Old Rule | New Rule (2025) |
|---|---|---|
| Minimum Monthly Pension | ₹1,000 | ₹7,500 |
| Dearness Allowance (DA) | Not applicable | Under consideration |
| Medical Benefits | Not available | Proposed, pending approval |
| Effective Date | — | April 1, 2025 |
| Beneficiaries | ~6 lakh pensioners | All EPS-95 retirees |
Impact on Retirees
Pension hike of this kind is likely to be a blessing for more than 600,000 pensioners, a good number of them are facing the problem of increased living costs. The augmentation of the pension will enable them to buy daily necessities including food, medicines, and utilities. If DA and medical facilities get the green light, it will really boost the health and happiness of elderly people.
Final Thoughts
The pension hike under EPS-95 in 2025 has been an anticipated decision that has recognized and appreciated the part played by the retired very skilled workforce of India. As far as the hike to ₹7,500 is concerned it has indeed been a great leap forward but still the pensioners are looking forward to receiving more help in the form of DA and health coverage. Pensioners are advised to check their EPFO accounts and to be on the lookout for further breakthroughs in the notification so that they will not miss out on the benefits they are entitled to.
Also Read/ Big News on DA Arrears 2025: Pending Payment Expected After Diwali Festival