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Enhancement of Pension Under EPS, 1995

Wednesday, February 23, 2011

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   The Central Government constituted an Expert Committee for review of the Employees’ Pension Scheme, 1995. The Expert Committee considered the various demands of pensioners including enhancement of pension under the Employees’ Pension Scheme, 1995. The Expert Committee has submitted its report to the Central Government on 05.08.2010 and recommendations are presently under examination/consideration of the Central Board of Trustees of the Employees Provident Fund Organization.

   This information was given by Shri Mallikarjun Kharge, Minister for Labour And Employment in a written reply to a question in the Rajya Sabha today.

Source;PIB
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2 comments:

Anonymous said...

Let the issue be speedup. Salary of employees is increased to 3 times, All prices of essential commodities are increased almost to 3 times. Shall we expect our pension will be increased to that extent.

Anonymous said...

Prices of all essential commodities are spiraled.
At present the pension is a snuff money. Bank deposit rates are less. Can we expect the government to increase the interest on Pensioners' deposit to 14 %.

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