2x benefits in both DA and EPS, will get a firm payment of ₹ 15,700 every month after the age of 60- New Pension Rules 2025- StudyToper


For retired employees in India Pension and dearness allowance (DA) Discussion of new rules and changes about this is in full swing these days. Especially for EPS-95 pensioners in 2025, there has been a demand for an increase in pension amount and adding DA for a long time. Several rounds of talks have been held between the government, staff organization and pensioners.

Pensioners say that the current minimum pension is so low that it is difficult to meet daily needs. In this era of inflation, pensioners need an increase in pension and dearness allowance to live a respectable life. Recently, there was a meeting of representatives of EPS-95 pensioners with Finance Minister Nirmala Sitharaman, demanding to increase pension and implement DA.

In this meeting National Movement Committee (NAC) Commander Ashok Raut said that the government has assured to consider their demands. This hopes that pensioners hope that the upcoming budget may announce to increase the minimum pension and add dearness allowance. In this article, we will understand EPS-95 pension, new rules, potential changes, and fresh updates related to it in detail in Hindi.

EPS -95 pension and dearness allowance: new update

EPS-95 (Employees’ Pension Scheme 1995) is a pension scheme launched by the Government of India, which aims to provide financial security to retired employees. The scheme comes under EPFO ​​(Employees’ Provident Fund Organization) and consists of employees of government and private sector. Currently, the minimum pension under EPS-95 is ₹ 1,000 per month, which is considered quite low for pensioners.

Inflation has increased rapidly in the last few years, which has also increased the problems of pensioners. For this reason, EPS-95 pensioners are constantly demanding that the minimum pension be increased to ₹ 7,500 and DA (dearness allowance) should also be added to it, so that the income of pensioners continues to grow along with inflation.

The government has indicated a change in EPS-95 pension since 2025. Now DA will also be added to pension, which will increase pension according to inflation every year. Also, under the new rules, EPS pensioners will now be able to get their pension from any bank branch of the country, which will provide them more facilities.

EPS-95 pension and new rules:

point Description
Name of the scheme EPS -95 (Employees Pension Scheme 1995)
Minimum pension (current) ₹ 1,000 per month
Proposed minimum pension 000 7,000 7,500 per month (under consideration)
Dearness allowance (da) Proposed, according to CPI, increase in pension every year
Possible date of implementation January 2025 (Potential)
Number of beneficiaries EPS-95 pensioners over 60 lakhs
Application process Self -re -application is not required
Pension obtaining facility From any bank branch of the country

EPS-95 Pension: Main things and changes

EPS -95 Under the scheme, employees get monthly pension after retirement. This pension is fixed on the basis of salary and service period of the employee. The last time in 2014 the scheme was changed when the maximum pensionable salary was ₹ 15,000.

EPS-95 Possible Change in Pension

  • Minimum pension increase: For a long time, EPS-95 pensioners have been demanding to increase the minimum pension from ₹ 1,000 to ₹ 7,500. The government has assured to consider it.
  • Add dearness allowance (DA): Now DA will also be added to pension, so that pension will continue to increase every year according to inflation. DA will be counted on the basis of CPI (Consumer Price Index) like central government employees.
  • Automatic updation: Pensioners will not need to apply again to get the benefit of new rules. Pension and DA money will come to their account automatically.
  • banking facilities: EPS-95 pensioners can now remove their pension from any bank branch of the country. This will give them more convenience, especially if they shift from one place to another.

Why changes in EPS-95 pension are necessary?

  • Constant increase in inflation: Inflation has increased a lot in the last few years, which has made it difficult for pensioners to spend ₹ 1,000.
  • Respected life: Pensioners must get adequate pension to live a respectable life.
  • Pensioners pressure: Many employee organizations and unions of pensioners are constantly putting pressure on the government to increase pension and DA should be implemented.
  • Judicial intervention: Court orders and recommendations are also pressurizing the government to increase pension.

EPS-95 Pension: Benefits, Challenges and Process

What will be the benefits of increasing EPS-95 pension?

  • Economic Security: Pensioners will get increased pension and economic security from DA.
  • Relief from inflation: Pension will increase every year due to DA, which will reduce the effect of inflation.
  • Respected life: Pensioners will help live life with respect.
  • Simple process: Pensioners do not need to apply again, everything will be automatic.
  • banking facilities: There will be a facility to extract pension from any bank branch of the country.

EPS-95 challenges of changes in pension

  • Government Expenditure: Increasing pension will increase the economic burden on the government.
  • Administrative problems: EPFO will have to update its system and system.
  • State and Center synergy: To increase pension, coordination between the central and state governments is necessary.
  • Access to all pensioners: To ensure that every pensioner reaches the increased pension and DA.

Eligibility and important things

  • Employees should be members of EPFO ​​and contributed under EPS-95.
  • At least 10 years of service should be completed.
  • Pension is available only after retirement.
  • Pensioners will not have to make any separate application to get the benefit of new rules.

EPS-95 Pension vs other pension schemes

Pension scheme Current monthly pension Proposed monthly pension
EPS -95 ₹ 1,000 ₹ 7,000 – ₹ 7,500
Atal pension scheme ₹ 1,000 – ₹ 5,000 no changes
National pension system (nPS) Market Linked Market Linked
Indira Gandhi National Old Age Scheme ₹ 500 – ₹ 1,000 no changes
Pradhan Mantri Age Vandana Yojana Different Different
PM farmer ₹ 6,000 annually no changes

Latest update and NAC President Ashok Raut’s statement

The National Movement Committee (NAC) President Commander Ashok Raut is playing an important role in bringing the demands of EPS-95 pensioners to the government. Recently, he met Finance Minister Nirmala Sitharaman and demanded to increase the minimum pension and implement DA.

He says that the current pension amount is very low and it is difficult for pensioners to live a respectable life. He said that the government should seriously consider the demands of EPS-95 pensioners so that the retired employees can get financial relief.

Demand for NAC and pensioners

  • The minimum pension should be ₹ 7,500 per month.
  • DA (dearness allowance) should be added to pension every year.
  • Pensioners and their spouse should get medical facilities.
  • Pensioners should get banking and other facilities in an easy way.

Frequently asked questions (FAQs)

1. When will the EPS-95 increase in pension will be implemented?
It is likely that the new pension amount and DA will be implemented from January 2025.

2. Will all EPS-95 pensioners get increased pension?
Yes, all eligible EPS-95 pensioners will get the benefit of new minimum pension and DA.

3. Will you have to apply again?
No, existing pensioners will not have to make any new application. Everything will be automatic.

4. How will Da be decided?
The DA will be counted on the basis of CPI (Consumer Price Index), such as for central government employees.

5. Will the future retired employees also get new pension?
Yes, all the employees who retire after 2025 will get the benefit of new minimum pension and DA.

6. How will EPS-95 pensioners get banking facility?
Now EPS pensioners can extract their pension from any bank branch in the country.

Dialogue between government and pensioners

Constant dialogues are going on between the government and pensioners. NAC and other unions are pressurizing the government to include the demands of EPS-95 pensioners in the budget. The Finance Minister has also assured that his demands will be considered.

The government has instructed the EPFO ​​to implement the process of increasing pension and adding DA as soon as possible. EPFO has also said that they are working in this direction and soon all pensioners will get the benefit.

Future prospects and suggestions

  • If the EPS-95 pension increases and DA is applied, then it will provide relief to millions of pensioners.
  • Pensioners should keep their information updated and monitor EPFO’s notifications.
  • Pensioners are required to keep bank accounts and KYC updates, so that pension gets on time.
  • The government should also make it easier for other demands of pensioners such as medical facility, life certificate.

EPS-95 Pension and DA:

Main point Description
Minimum pension (current) ₹ 1,000 per month
Proposed minimum pension ,
Dearness allowance (da) Proposed, according to CPI every year
Possibility of implementation January 2025
Application process Self, no new application
banking facilities Pension withdrawal from any bank branch
Nac president Commander Ashok Raut
Government’s stance Thoughts on demands continue, decision possible soon

conclusion

There may be a big change in 2025 for EPS-95 pensioners. The government is seriously considering the demand for increasing the minimum pension to ₹ 7,000 or ₹ 7,500 and adding dearness allowance (DA). NAC President Ashok Raut and other unions are constantly interacting with the government. If this change is applied, millions of pensioners will get financial relief and they will be able to live a respectable life. Pensioners are advised to keep their information updated and keep an eye on EPFO ​​notifications. As soon as there is an official announcement from the government, pensioners will get its benefits automatically.

Disclaimer: This article is based on available news, government announcements and statements of pensioners union. So far, there has not been a final and official announcement from the government regarding the increase in EPS-95 pension and adding DA. There has been talks between NAC President Ashok Raut and Finance Minister and the government has assured to consider the demands. The reality is that the decision to implement pension and DA is still under process. As soon as there is an official announcement from the government, pensioners will get its benefit automatically. Therefore, do not pay attention to any rumor or fake news, only trust the official information of EPFO ​​and the government.

Rate this post

I am passionate writer with over five years of experience covering the latest job updates, educational content, news, and insightful blogs aimed at empowering readers with valuable information.

Sharing Is Caring:

Leave a Comment