The government has introduced a major relief for EPS-95 pensioners by increasing the minimum pension amount. This decision aims to support senior citizens who depend on their monthly pension for essential expenses such as medicines, groceries, and household bills. Millions of retired employees are expected to benefit from this revision.
Minimum Pension Raised to ₹7,500
Under the new update for 2025, the minimum monthly pension for EPS-95 members has been increased to ₹7,500. Earlier, many pensioners received only around ₹1,000 per month, which was insufficient for daily needs. This new revision is a long-awaited step toward improving the financial condition of elderly retirees.
Who Will Benefit?
The increased pension will support:
- Retired employees covered under EPFO
- Senior citizens under the EPS-95 scheme
- Family pensioners and widow pensioners
Those receiving pensions below the revised amount will get a direct increase.
Reason Behind the Pension Hike
The demand to raise EPS-95 pensions has been active for years. Pensioners’ associations highlighted the pressure of rising inflation, medical costs, and essential expenses. After reviewing these challenges, the government approved the pension hike starting in 2025.
When Will the New Pension Start?
The revised pension amount will reflect in pensioners’ bank accounts from 2025, providing immediate relief to millions of beneficiaries.
Impact on Senior Citizens
The pension increase will:
- Strengthen financial security during old age
- Reduce dependency on family members
- Help cover essential and medical expenses
- Improve overall quality of life