After 12 years, the EPS pension amount could increase from ₹1,000 to ₹3,000; EPFO may grant approval on November 19..
EPS Pension Hike: If you are an EPFO member and are concerned about your future pension, this news may bring you some relief. Anticipation is building regarding the upcoming 240th meeting of the Employees' Provident Fund Organization’s (EPFO) Central Board of Trustees (CBT).
Notably, the venue for this high-profile meeting has been shifted from Gir, Gujarat, to New Delhi. According to a letter issued by Regional PF Commissioner Subrata Bhowmik on November 4, 2026, this crucial meeting will be held on November 19, 2026, at 10:15 AM at the EPFO Head Office in New Delhi.
EPS Amount Could Reach ₹3,000
A major point of discussion regarding the meeting's agenda is that the government may increase the minimum EPS (Employees' Pension Scheme) pension for employees from the current ₹1,000 to ₹3,000. According to media reports, the Ministry of Labour has reached a near-consensus on this proposal following in-depth consultations with the Ministry of Finance.
It is expected that the issue of the minimum EPS pension could be included as a separate agenda item for the November 19 meeting. While there has been no official announcement from the Ministry of Labour or the Ministry of Finance yet, this speculation has certainly raised hopes among millions of pensioners.
Pension Figure Unchanged Since February 2014
In February 2014, the CBT approved an increase in the minimum EPS pension to ₹1,000, which was subsequently notified by the government in August of the same year. Since then—for the past 12 years—the minimum pension has remained stagnant at ₹1,000. Various employee and pensioner organizations across the country have long been demanding an increase in the current pension amount, arguing that ₹1,000 is far too low given the prevailing inflation; they advocate for raising it to at least ₹7,500 per month.
**Recent Increase in Wage Ceiling**
These demands from pensioners gained further momentum when the government increased the wage ceiling for the calculation of EPS pensions from ₹15,000 to ₹25,000. Currently, the EPS scheme serves as a key social security program for employees in the organized sector.
Under the rules of this scheme, the employer contributes 8.33% of an employee's basic salary—or a maximum of ₹2,083, whichever is lower—to the EPS fund each month. Notably, there is no upper limit on the maximum pension one can receive under the EPS; the amount depends entirely on the employee's length of service and their pensionable salary.
It remains to be seen what significant steps the government might take regarding the minimum pension during the crucial meeting scheduled for November 19.
Disclaimer: This content has been sourced and edited from Dainik Jagran. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.