EPFO Pension Hike: Will Private Employees Get ₹9,000 Minimum Pension?

• Labor unions demand an increase in EPS-95 minimum pension from ₹1,000 to ₹9,000 monthly for private employees.
• EPS-95 is a government pension scheme for organized sector private employees, managed by EPFO, with employer and government contributions.
• Current minimum pension is ₹1,000; maximum is ₹7,500 based on a ₹15,000 salary cap and 35 years of service, though some receive more after Supreme Court ruling.
• Government acknowledges demands but emphasizes EPS-95 is a defined contribution/benefit scheme, not return-based, and fund stability is crucial.
• A direct ₹9,000 increase is difficult due to fund pressure; a salary cap increase (e.g., to ₹25,000) is more likely, which would gradually raise pensions.