EPFO Minimum EPS Pension Hike: ₹1,000 to ₹3,000 Proposal May Be Discussed on November 19, 2026

The Employees’ Provident Fund Organisation (EPFO) has shifted the venue of its 240th Central Board of Trustees (CBT) meeting from Gir, Gujarat, to New Delhi, as per The Economic Times news report.  

Scheduled for November 19, 2026, the meeting comes amid reports of a possible increase in the minimum monthly pension under the Employees’ Pension Scheme (EPS) from ₹1,000 to ₹3,000. 

EPFO Schedules CBT Meeting  

The revised venue and meeting details were communicated to CBT members through a letter dated November 4, 2026. Regional PF commissioner Subrata Bhaumik stated that the meeting would begin at 10:15 am at the EPFO Head Office, EKN, New Delhi. 

The proposed revision in the minimum EPS pension is reportedly listed for discussion as a separate agenda item. 

Proposal to Increase Minimum EPS Pension  

According to a media report, the Labour Ministry has reached a decision on increasing the minimum pension after consultations with the Finance Ministry. The proposal would raise the monthly payment from the existing ₹1,000 to ₹3,000. 

However, the reported decision has not been confirmed by either ministry. No official announcement regarding the pension revision has been issued, and the minimum EPS pension continues to be ₹1,000. 

EPS Pension Unchanged Since 2014 

The government introduced the minimum monthly pension of ₹1,000 in August 2014. The Central Board of Trustees had approved the proposal in February 2014, followed by its announcement in the Union Budget 2014-15 and subsequent government notification. 

Since then, employee and pensioner organisations have repeatedly sought an increase to ₹7,500 per month. Their demand is based on concerns that the existing pension amount is insufficient to meet living expenses. 

EPS Pension Calculation and Wage Ceiling 

Under the EPS 2026 Scheme, employers contribute 8.33% of an employee's basic pay or ₹2,083, whichever is lower, towards the pension fund every month. 

The pension is calculated based on pensionable salary and years of pensionable service. In September 2026, the wage ceiling used in the calculation was increased from ₹15,000 to ₹25,000. 

There is no fixed maximum EPS pension. The amount depends on the employee's pensionable salary and service period, subject to the applicable wage ceiling. 

The minimum pension remains ₹1,000 per month. Any increase will require an official government announcement. 

Read More: Centre Doubles Open Market Rice Sales Target to 5 Million Tonnes! 

Conclusion  

The proposed increase in the minimum EPS pension is yet to receive official confirmation. The existing pension of ₹1,000 per month continues to apply. 

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