Corporate Compliance 27 October 2026
EPFO May Raise Minimum EPS Pension to Rs 1,000 in 2026
The Employees' Provident Fund Organisation (EPFO) is set to discuss a rise in the minimum monthly pension under the Employees' Pension Scheme (EPS) at its November 19 meeting. The proposal aims to increase the floor from the current Rs 1,000 as part of the EPS 2026 reforms that replace the 1995 scheme, potentially benefiting millions of retirees across India.
The EPFO will hold its November 19 meeting to consider raising the minimum EPS pension.
- EPS 2026 replaces the older 1995 scheme, bringing several benefit tweaks.
- A key proposal is to lift the Rs 1,000 floor, which could boost monthly payouts for many retirees.
- The decision will affect the pension calculations for millions of current and future EPF members.
Read the full report on the Economic Times here.
Need help understanding this update?
Connect with our domain experts instantly via WhatsApp for customized legal guidance.
