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Increasing minimum pension under PF pension optees: Implementation & the date of effect are being worked out

GOVERNMENT OF INDIA
MINISTRY OF  LABOUR AND EMPLOYMENT
RAJYA SABHA

QUESTION NO  834

ANSWERED ON  16.07.2014

Increasing minimum pension under PF pension optees

834 Shri T.K. Rangarajan
Will the Minister of LABOUR AND EMPLOYMENT be pleased to satate :-

(a)whether there is any proposal to increase the minimum pension of Provident Fund (PF) pension optees and if so, by what amount;

(b)whether it would be retrospective;

(c)by when the proposal would be implemented; and

(d)the number of subscribers going to be benefited as on date?

ANSWER
 

MINISTER OF STATE FOR STEEL, MINES, LABOUR & EMPLOYMENT
(SHRI VISHNU DEO SAI)

(a): Yes, Sir. The minimum pension shall be of Rs. 1000/- per month to member and widow(er) pensioners under Employeesโ€™ Pension Scheme, 1995 for the financial year 2014-15.

(b) & (c): The details are being worked out.

(d): The number of persons expected to be benefited under Employeesโ€™ Pension Scheme, 95 from this notification is 28 lakh (approximately).

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https://pqars.nic.in/qhindi/232/Au834.doc
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