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Proposal for Rs 1,000 minimum monthly pension approved: Govt

Last Updated: Monday, July 07, 2014, 15:22

Government has approved minimum monthly pension of Rs 1,000 under Employees Pension Scheme 1995 (EPS-95) run by the retirement body Employees' Provident Fund Organisation (EPFO), Parliament was informed Monday.

EPFO trustees meet on Feb 5 to make Rs 1,000 pension a reality

Last Updated: Friday, January 24, 2014, 22:12

Retirement fund body EPFO's trustees on February 5 will decide on amending its scheme to provide a minimum monthly pension of Rs 1,000, which will immediately benefit its 27 lakh pensioners.

Minimum monthly pension of Rs 1,000 to be a reality this month

Last Updated: Tuesday, January 14, 2014, 17:21

Ahead of Lok Sabha polls, the government is likely to approve this month a proposal that will entitle formal sector workers a minimum monthly pension of Rs 1,000, immediately benefiting 27 lakh pensioners.

EPFO likely to give 8.6% interest in 2012-13

Last Updated: Friday, October 19, 2012, 19:11

Over 50 million subscribers of the retirement fund body EPFO may get 8.6 percent return on their investment during 2012-13, higher than 8.25 percent provided in the last fiscal.

EPFO considering minimum monthly pension of Rs 1,000

Last Updated: Monday, August 20, 2012, 14:40

Subscribers of the retirement fund body EPFO may soon get a minimum monthly pension of Rs 1,000 after superannuation, if a proposal in this regard is cleared by the Finance Ministry.

EPFO considering minimum monthly pension of Rs 1,000

Last Updated: Monday, August 20, 2012, 14:40

Subscribers of the retirement fund body EPFO may soon get a minimum monthly pension of Rs 1,000 after superannuation, if a proposal in this regard is cleared by the Finance Ministry.

EPFO defers decision on min monthly pension of Rs 1,000

Last Updated: Friday, May 25, 2012, 19:55

Retirement fund manager EPFO on Friday deferred its decision on the proposal for fixing the minimum monthly pension for its 50 million subscribers at Rs 1,000 because of differences among trustees over sharing of additional financial burden.