EPFO Trustees Meet in Gujarat; Minimum Pension Floor Remains at Rs 1,000
1 report, 1 independent
Updated Fri 00:00
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What happened
EPFO trustees held a meeting in Gir, Gujarat, on October 23, 2026. The minimum monthly pension floor, set by the Employees’ Pension Scheme, 2026, remains at no less than Rs 1,000. No increase has been approved, and the agenda for the meeting was not finalized.
From econotimes.com
Why it matters
The minimum pension floor affects retirees and public spending. While various groups have requested higher minimums, such as Rs 7,500 plus dearness allowance or Rs 9,000, the Ministry of Labour and Employment has stated it did not endorse a new figure.
From econotimes.com
Who's involved
- Government of IndiaThe Government of India manages the Employees’ Provident Fund Organisation and the pension scheme.