Will EPS-95 pensioners get ₹7,500 monthly pension from May 2026? Check EPFO’s statement
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EPFO calls viral Rs 7,500 EPS pension letter fake
A letter claiming that the minimum pension under the Employees’ Pension Scheme (EPS-95) has been increased to Rs 7,500 per month is being widely circulated on social media. However, EPFO has clarified through its official X handle that the notification is fake.
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What did the viral EPS-95 pension letter claim?
The fake notification claimed that the minimum EPS-95 pension would be increased to Rs 7,500 per month with effect from April 30, 2026. It also stated that revised pension payments would start from May 1, 2026.
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What is the current minimum EPS-95 pension?
At present, the minimum pension under EPS-95 is Rs 1,000 per month for eligible subscribers. EPS is mandatory for formal sector employees earning up to Rs 15,000 per month at the time of joining establishments with 20 or more employees.
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How much is contributed towards EPS pension every month?
Every month, EPFO deducts an amount towards pension contribution from the employee’s salary. The contribution is calculated as 8.33% of the employee’s basic pay and dearness allowance (DA), subject to a maximum limit of Rs 1,250 per month.
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How is EPS-95 monthly pension calculated?
The monthly pension under EPS-95 is calculated using pensionable salary and pensionable service. The formula used is:
EPS pension = Pensionable service X pensionable salary/70
EPS pension = Pensionable service X pensionable salary/70
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Minimum pension rules under EPS-95 explained
Under EPS-95 rules, the minimum pension is Rs 1,000 per month for member pension as well as widow/widower, nominee and dependent parent pension. The minimum pension is Rs 250 for children and Rs 750 for orphan pension beneficiaries.