RS 7,500 EPFO Pension Hike Confirmed In 2025: Big Relief For Pensioners

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In the Union Budget 2025, the long-pending good news for EPFO pensioners was declared. That is somewhat infamously announced, whereby the government intended to increase the monthly minimum pension under the Employees’ Pension Scheme (EPS-95), to ₹7,500, guaranteeing sustenance and support for employees who retired from work.  

MAJOR HIGHLIGHTS OF EPFO PENSION HIKE  

  • Minimum Pension Raised: Minimum monthly pension raised under EPS-95, from ₹1,000 pension earlier to ₹7,500.  
  • Benefits Over and Above the Pension: The pension will further allow additional medical allowances and other welfare benefits.  
  • Eligibility for Increase in Pension: The pension will apply to those employees who had worked for a minimum period of 10 years and contributed to the EPFO pension scheme.  
  • Impact on Pensioners: Approximately 60 lakh pensioners will be beneficiaries of this landmark decision that would instill confidence in their financial security for the times ahead.  

Why Hike Was Needed?  

The EPFO pension hike was something EPS-95 pensioners demanded for a long time owing to their feel that the monthly pension of only ₹1,000 was incapable of fulfilling even the most basic personal living conditions. Hence, consideration was [the] inflations’ inclination and rising health costs in making such provisions for the benefit of EPS-95 pensioners.  

Others Benefits That Come Under EPS-95  

  • Medical allowance: Assists in further financing for aged people to pay inpatient treatment bills.
  • Family pension: Family members are entitled to the claims for pension benefits in the event of the pensioner’s passing.
  • Submission of Life Certificate: The submission of life certificates by the pensioner on an annual basis will also ensure that their pensions are credited to them in a timely fashion.  

Pension Status Check  

Pensioners can check their updated status on the pensions through EPFO portal in the following manner:  

  1. Go to the official EPFO website.
  2. Login using UAN (Universal Account Number) and a password.  
  3. Click on Pension Details. 
  4. View the revised pension amount plus the payment schedule.   

Conclusion  

A hike of ₹7,500 in pension certainly is a giant leap in the financial stability of retired employees. Therefore, all the pensioners should keep checking for up-to-date payments and timely completion of documentation to ensure that the benefits do not get interrupted. This showcases the concern of the government towards the national workforce regarding ensuring a secured and blissful post-retirement life.

Also Read: EPFO Rules Update: Now Checking PF Balance Has Become Even Easier

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