The EPS-95 scheme’s pensioners had recently been pleading for an increase in the minimum pension for some time. The government has started taking positive action to address what the operators asked for. Starting from May 2025, the minimum pension under EPS-95 has been set at ₹ 7,500 per month. Such action will bring big relief to retired people and their families and boost their finances.
Latest Updates and Pension Hike
Earlier, only ₹ 1,000 was given as the minimum pension under the scheme and that amount had remained unchanged for years. Now, the government has raised the amount to ₹ 7,500 per month. The news has made pensioners from EPS-95 happy across the country. Lakhs of families who had very little pension to survive on will find this decision very helpful.
Dearness Allowance and Other Benefits
It has been explained that pensioners do not need to submit a separate request; the increased pension will go straight to their bank account each month. There are also reports that pensioners’ benefits will include dearness allowance (DA) and medical advantages in the future.
Effect of Pension Increase
The increased pensions will be given to more than 78 lakh pensioners. In this way, people will be able to live better and keep up with the rising value of the pound. It has also been announced by the government that dearness allowance will be adopted permanently into the pension scheme, meaning pensioners will receive an updated amount twice a year.
Conclusion: Financial Security for Pensioners
The reform of the EPS-95 pension scheme will ensure pensioners enjoy more financial protection. By increasing the minimum pension and including dearness allowance for pensioners, huge relief will be given to the large community of pensioners. If you have an EPS-95 pension, take notice of this change and make your financial decisions wisely.
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