excellent The current minimum EPS pension of ₹1,000 was last revised in 2014. For over a decade, employee organisations have been demanding an upward revision, citing rising living costs, inflation, and the growing gap between pension payouts and basic living expenses. Unions representing EPF members have repeatedly submitted memorandums to the Ministry of Labour and Employment, urging the government to take immediate action to improve pension amounts for retired employees. Now, with discussions gaining momentum, there is renewed optimism that the government may soon take a favourable decision — one that could benefit over 7.8 million pensioners currently receiving EPS benefits.
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