QUESTION NO 834
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?
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 Employees’ 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 Employees’ Pension Scheme, 95 from this notification is 28 lakh (approximately).
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