Important changes concerning the EPS-95 (Employees Pension Scheme 1995) have been made in the year 2025, and all such changes have brought relief and a spark of hope to the pensioners. All the demands of raising the minimum pension were echoed by pensioners for a very long time, and now the demand is taken very seriously by the government. The entire exercise may be to provide financial security to pensioners and uplift their standard of living. Let us know what’s latest with EPS-95 and how this is affecting their lives.
Demand For Increase In Minimum Pension
EPS-95 pensioners have long been demanding the enhancement of the minimum pension from ₹1,000 to ₹7,500, which they reiterated to the Finance Minister, Nirmala Sitharaman, at the meeting where the EPS-95 National Movement Committee was held in January 2025. They wanted the above increase, DA, and, of course, free treatment to pensioners. The Finance Minister noted that these demands would be looked at sympathetically2.
Relief For Pensioners
Under review is a proposal for increasing the minimum pension under EPS-95 from ₹1,000 to around ₹7,500. This move goes a long way in coping with rising inflation and rising costs of living for pensioners. Similarly, it is said that provision will be made to pay dearness allowance to pensioners, boosting their monthly income2.
Financial Impact And Challenges
Minimum pension increases will increase the country’s liability. Still, this must be allowed to make provision for the financial security of pensioners. The government has promised to allocate fresh budget for this scheme. This is certainly the condition under which these measures are adopted to improve the standard of living for pensioners and enable them to live a durable life1.
Pensioners Agitation
The EPS-95 National Movement Committee demonstrates at Jantar Mantar in Delhi, which is attended by lakhs of pensioners. The committee demanded the government increase the minimum pension and make provisions for medical facilities. The committee has to say that if their demands are not met, they will favor the political parties that will solve their problem3.
Conclusion
EPS-95 Pension Scheme 2025 will also be an important step towards pensioners’ welfare. Increase in minimum pension and introducing dearness allowance will finally bring financial security to pensioners. This would change their lifestyle and even provide them an opportunity to live a life of dignity and security. Government commitment and expectations from the pensioners make this scheme even more important. For information about it, you can check here.
Also Read: 60 Crore Members To Benefit From EPFO’s New Rule 2025, Know The Complete Information
