New Delhi, Aug 21 (PTI) Every second pensioner under Employees’ Pension Scheme 1995 (EPS-95) administered by retirement fund body EPFO gets less than \u20b91,500 a month, as per the data of March 2025, Parliament was informed on Thursday. <\/p>\n
The official data also showed only 53,541 pensioners or 0.65 per cent of the total 81,48,490 pensions under the scheme get a monthly pension of over \u20b96,000 as of March 31, 2025. <\/p>\n
The data has come in view of trade unions’ demand for a minimum monthly pension of \u20b99,000 under the EPS-95, which was part of the 17-point charter of demand submitted to the Ministry of Labour and Employment. <\/p>\n
At present, the minimum monthly pension entitlement under the scheme is \u20b91,000. <\/p>\n
Total number of pensioners under Employees’ Pension Scheme as on Marc 31, 2025 was 81,48,490, informed Minister of State for Labour and Employment Shobha Karandlaj in a written reply to Rajya Sabha. <\/p>\n
She also informed the House that the number of pensioners receiving less than \u20b91,500 as monthly pension as on March 31, 2025 was 49,15,416. <\/p>\n
Thus almost every second person or over half of the pensioners were getting less than \u20b91,500 monthly pension. <\/p>\n
The minister also informed that the number of pensioners receiving less than \u20b94,000 as monthly pension as on March 31, 2025 was 78,69,560. <\/p>\n
The number of pensioners receiving less than \u20b96,000 a month was 80,94,949, as on March 31, 2025. <\/p>\n
Thus the number of pensioners receiving more then \u20b96,000 monthly pension under the scheme was just 53,541 or 0.65 per cent. <\/p>\n
The minister also informed the House that the total amount disbursed under the pension scheme increased to \u20b923,027.93 crore in 2023-24 from \u20b922,112.83 crore in 2022-23. <\/p>\n
“The total amount held in inoperative accounts as on March 31, 2025 is \u20b910,898.07 crore. The data is un-audited and provisional as annual accounts for the FY 2024-25 are under preparation,” she told the House. <\/p>\n
The interest income of the EPFO has increased to \u20b958,668.73 crore in 2023-24 from \u20b952,171 crore in 2022-23, the reply showed. <\/p>\n
It also showed that the other income (penal damages, 7Q interest, etc.) has also increased to \u20b9863.62 crore in 2023-24 from \u20b9564.21 crore in 2022-23. <\/p>\n","protected":false},"excerpt":{"rendered":"New Delhi, Aug 21 (PTI) Every second pensioner under Employees’ Pension Scheme 1995 (EPS-95) administered by retirement fund…\n","protected":false},"author":2,"featured_media":14469,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[177],"tags":[13307,79,18,13303,3559,19,17,13305,13304,13306,234,235],"class_list":{"0":"post-14468","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-13307","9":"tag-business","10":"tag-eire","11":"tag-employees-pension-scheme","12":"tag-epfo","13":"tag-ie","14":"tag-ireland","15":"tag-minimum-pension-entitlement","16":"tag-monthly-pension","17":"tag-pensioners-receiving-less-than-span-classwebrupee-span1","18":"tag-personal-finance","19":"tag-personalfinance"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/14468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=14468"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/14468\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/14469"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=14468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=14468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=14468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}