EPS-95 Scheme Update : A very important decision has been taken by the Supreme Court under the Employees’ Pension Scheme 1995 i.e. EPS 95. This rule has brought a message of relief for pensioners.
Every pensioner has been guaranteed a minimum monthly pension of ₹ 7500 from 15 July 2025. The decision taken here is no less than a boon for all the pensioners who were demanding an increase in the pension amount for a long time.
A brief look at the EPS-95 pension scheme
EPS-95 pension scheme belongs to the Employees Provident Fund Organization (EPFO). Its purpose is to provide financial security to employees after retirement.
But for a long time, pensioners have been complaining a lot that they are not getting adequate pension amount.
In this context, the order of the Supreme Court has been a decisive step, which is playing a role in removing this problem.
Main points of the order given by the Supreme Court:-
- Every pensioner will be assured of a minimum monthly pension of ₹7500.
- This new rule will be implemented from 15th July 2025.
- The provision for increase in pension amount has also been made.
- An important step has been taken towards improving the financial condition of pensioners.
Important benefits for pensioners
The following information is being given about all the benefits available under the new order under the EPS-95 scheme update:-
- Improvement in standard of living as income increases each month.
- Economic freedom means achieving independence as well as financial stability.
- Amidst the rising inflation, economic security will be guaranteed.
- A positive initiative has been taken by the government to change the pension scheme.
Process and benefits of EPS-95 pension scheme
To avail pension under EPS-95, employees must fulfill certain conditions. To join this scheme, it is very important for the employees to reach the age of 58 years.
It is also necessary to have contributed for at least 10 years in the scheme. The pensioners will depend on the average monthly salary and period of service of the employees.
Benefits of EPS-95 scheme
| The benefit you get | Full Details | Eligibility prescribed | The age limit prescribed | The period discussed |
|---|---|---|---|---|
| monthly pension | Less than ₹7500 | Minimum 10 years of contribution | 58 years | whole lifetime |
| Financial Security under the Scheme | Protection against rising inflation | Everyone meets the eligibility criteria. | 58 years | whole lifetime |
| Economic freedom under the EPS-95 screen | freedom living | Employees who meet the eligibility criteria | 58 years | Throughout life |
| Government assistance also | Government supported scheme | Everyone meets the eligibility criteria. | 58 years | whole lifetime |
Voice of all pensioners: Feedback
- Pensioners have welcomed the decision of the year 2025.
- There is a possibility of more improvements in the coming future.
- We are satisfied with the increase in pension.
