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EPFO to ensure Rs 1,000 as minimum pension
Posted on: 25/Jan/2014 3:00:21 PM
EPFO on February 5 will decide on amending its scheme to provide a minimum monthly pension of Rs 1,000.
"The Finance Ministry has approved the Labour Ministry`s proposal to provide a minimum pension of Rs 1,000 per month and enhance the wage ceiling to Rs 15,000. Now, the trustees would meet on February 5 to approve the amendment in schemes run by EPFO to operationalise the two decisions," an official source said.
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