4% rise in pensioners availing Rs 1,000 minimum pension in FY24 under EPS

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4% rise in pensioners availing Rs 1,000 minimum pension in FY24 under EPS - Business Standard

Quick Summary:

In terms of share, the number of pensioners receiving support stood at 27.3%, slightly up from 27.2% in the corresponding time period.

Similarly, a delegation of the EPS-95 National Agitation Committee met with senior officials of the EPFO last month to press for a minimum monthly pension of Rs 7,500.

Data shows that the number of pensioners receiving government support is projected to have risen by nearly 4% to 2.13 million in FY24 from 2.05 million in FY23.