Enhancement of salary limit & minimum pension of Rs.1000 of Employees Provident Fund is under consideration

UNSTARRED QUESTION NO-748

Enhancement of salary limit of Employees Provident Fund

748 . SHRI RAMACHANDRA KHUNTIA

MINISTER OF STATE FOR LABOUR AND EMPLOYMENT (SHRI KODIKUNNIL SURESH)

(a) Proposals for enhancing the wage ceiling from Rs. 6500/- to Rs. 15000/- and reducing the threshold limit from 20 to 10 under the Employees Provident Funds & Miscellaneous Provisions Act, 1952 are under consideration of the Government.

(b) A proposal for providing a minimum pension of Rs. 1000/- to member pensioners under Employees’ Pension Scheme, 1995 is also under consideration of the Government.

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