EPFO Shifts 240th CBT Meeting to New Delhi Amid Reports of ₹3,000 Minimum EPS Pension Proposal

The Employees Provident Fund Organisation has relocated its 240th Central Board of Trustees meeting from Gir in Gujarat to New Delhi.  

Following this change, the government may consider raising the minimum pension under the Employees Pension Scheme from ₹1,000 to ₹3,000, as per news reports. Neither the Labour Ministry nor the Finance Ministry has officially announced this revision.  

EPFO Shifts 240th CBT Meeting to New Delhi 

In a letter dated November 4, 2026, Regional PF Commissioner Subrata Bhaumik confirmed the revised schedule for Central Board of Trustees members. The meeting will take place on November 19, 2026, at 10:15 am at the EPFO Head Office in New Delhi.  

Media reports claim the Labour Ministry reached a decision after consulting the Finance Ministry, and the ₹3,000 pension proposal could be discussed as a separate agenda item.  

Minimum EPS Pension History and Employee Demands 

The Central Board of Trustees approved increasing the minimum EPS pension to ₹1,000 in February 2014.  

The Finance Minister announced this decision in the Union Budget 2014 to 2015, and the government notified the amount in August 2014.  

Employee and pensioner organisations have since requested an increase to at least ₹7,500 per month to meet living expenses.  

EPS Pension Calculation and Scheme Rules 

The Employees Pension Scheme, 2026, provides lifelong pension support to eligible organised sector employees after retirement. Employers contribute 8.33% of basic pay or ₹2,083 monthly, whichever is lower, towards the fund.  

Monthly payouts depend on pensionable service and pensionable salary, which has a ceiling of ₹25,000 following an increase from ₹15,000 in September 2026. There is no fixed maximum pension limit.  

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Conclusion 

The EPFO 240th CBT meeting is scheduled for November 19, 2026, in New Delhi, with media reports noting a potential minimum EPS pension increase from ₹1,000 to ₹3,000 alongside a ₹25,000 wage ceiling and 8.33% employer contribution.  

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