EPFO Board May Consider Long-Pending Minimum Pension Hike at November 19 Meeting in Gir
The Employees’ Provident Fund Organisation (EPFO) is expected to discuss the long-pending proposal to raise the minimum monthly pension under the Employees’ Pension Scheme (EPS) during its upcoming Central Board of Trustees (CBT) meeting scheduled for November 19 in Gir, Gujarat. The upcoming session will mark the 240th meeting of the EPFO's apex decision-making body. While the finalized agenda for the meeting is yet to be officially released, reports indicate that the issue of revising minimum monthly pension benefits will be taken up for discussion. Trade unions and pensioner associations have been persistently demanding a substantial hike in the minimum monthly pension, seeking a revision to ₹7,500 per month along with the inclusion of a Dearness Allowance (DA). Pension organizations emphasize that the current minimum pension of ₹1,000 per month—fixed back in September 2014—is grossly inadequate to cover basic living expenses amid rising inflation, healthcare costs, groceries, and essential necessities. At present, the Central Government provides budgetary support to ensure the minimum monthly pension baseline of ₹1,000, over and above its regular contribution to the EPS fund. However, the administration maintains that any proposed revision must carefully account for the long-term financial sustainability of the pension fund. This upcoming deliberation follows the Union Government's decision to increase the mandatory EPFO wage coverage limit from ₹15,000 to ₹25,000 per month, effective September 17, 2026. Earlier in February, Union Minister for Labour and Employment Mansukh Mandaviya signaled that the government would address demands regarding both the wage ceiling under the EPFO and Employees' State Insurance Corporation (ESIC), as well as the minimum pension under EPS. Breaking from recent tradition, the November 19 CBT meeting will take place in Gir, Gujarat, departing from the previous practice of convening at the EPFO headquarters in East Kidwai Nagar, New Delhi, where the last five board meetings were hosted.