EPS pension news: EPFO meeting on November 19; will minimum pension rise from ₹1,000 to ₹3,000?
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EPS pension hike news: Will EPFO increase minimum pension to Rs 3,000?
The Employees' Provident Fund Organisation (EPFO) has shifted the venue of its 240th Central Board of Trustees (CBT) meeting from Gir, Gujarat, to New Delhi.
Following the venue change, media reports have suggested that the government may consider increasing the minimum pension under the Employees' Pension Scheme (EPS) from Rs 1,000 to Rs 3,000. However, neither the Labour Ministry nor the Finance Ministry has officially announced any such increase.
Following the venue change, media reports have suggested that the government may consider increasing the minimum pension under the Employees' Pension Scheme (EPS) from Rs 1,000 to Rs 3,000. However, neither the Labour Ministry nor the Finance Ministry has officially announced any such increase.
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EPFO's November 19 CBT meeting: What has changed?
In a letter dated November 4, 2026, addressed to CBT members, Regional PF Commissioner Subrata Bhaumik confirmed the revised meeting details.
● Date: November 19, 2026
● Time: 10:15 am
● Venue: EPFO Head Office, EKN, New Delhi
● Date: November 19, 2026
● Time: 10:15 am
● Venue: EPFO Head Office, EKN, New Delhi
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Will EPFO discuss the Rs 3,000 minimum EPS pension proposal?
A media report claims that EPFO is considering increasing the minimum monthly EPS pension from Rs 1,000 to Rs 3,000. It further claims that the Labour Ministry has reached a decision on the proposal after consultations with the Finance Ministry. The pension hike is also likely to be taken up as a separate agenda item at the November 19 CBT meeting.
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Minimum EPS pension has remained Rs 1,000 since February 2014
In February 2014, the CBT approved a proposal to increase the minimum EPS pension to Rs 1,000. The Finance Minister announced the decision in the Union Budget 2014-15, and the government notified the revised amount in August 2014.
Since then, employee and pensioner organisations have been demanding an increase to at least Rs 7,500 per month, arguing that the existing Rs 1,000 pension is insufficient to meet living expenses.
Since then, employee and pensioner organisations have been demanding an increase to at least Rs 7,500 per month, arguing that the existing Rs 1,000 pension is insufficient to meet living expenses.
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How is the EPS pension determined?
Under the EPS, eligible members receive a monthly pension based on their pensionable salary and years of pensionable service.
The pensionable salary ceiling is currently Rs 25,000, raised from Rs 15,000 in September 2026. The revision has strengthened employee and pensioner groups' demand for a higher minimum pension. The scheme has no fixed maximum pension amount.
The pensionable salary ceiling is currently Rs 25,000, raised from Rs 15,000 in September 2026. The revision has strengthened employee and pensioner groups' demand for a higher minimum pension. The scheme has no fixed maximum pension amount.
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What is the EPS 2026 pension scheme?
The Employees' Pension Scheme, 2026, is an EPFO social security scheme that provides lifelong pension support to eligible employees in the organised sector after retirement.
Under the scheme, employers contribute 8.33% of employees' basic pay or Rs 2,083, whichever is lower, every month towards the EPS fund. The pension amount depends on pensionable salary, subject to the applicable wage ceiling, and pensionable service.
Under the scheme, employers contribute 8.33% of employees' basic pay or Rs 2,083, whichever is lower, every month towards the EPS fund. The pension amount depends on pensionable salary, subject to the applicable wage ceiling, and pensionable service.