EPS-95 Pension Scheme: There is big news for crores of pensioners across the country. The demand of EPS-95 pensioners to increase the minimum pension is gaining momentum.
If the government does not accept their demand, there may be a nationwide strike. Pensioners say that the current minimum pension amount is very low and their standard of living is being affected by this.
Pensioners coming under the EPS-95 pension scheme currently get a minimum pension of Rs 1000, but given inflation and rising cost of living, this amount is much less. Pensioners demand that their minimum pension be increased to Rs 7500.
What is the EPS-95 Pension Scheme
Under the EPS-95 Employees Pension Scheme, 12 percent of the salary of the employees is deposited in EPF. Out of this, 8.33 percent goes to the pension scheme. The government also contributes 1.16 percent to it.
Pensioners say that due to rising inflation, the current pension amount is now falling short. They are dealing a lot of difficulties in living.
Major demands of pensioners
Minimum pension should be Rs 7500
Spouses of pensioners should get free health facilities
Pensioners outside the scope of EPS-95 should also be given a pension of Rs 5000
Warning of strike
The National Action Committee (NAC), formed to meet the demands of pensioners, has warned that if their demands are not met, a strike will be held across the country.
Pensioners say that their standard of living has deteriorated due to the current pension and they are facing many problems.
Pensioners’ difficulties
Pensioners are not able to survive on the minimum pension they are currently getting. This amount is very low for pensioners who are facing the brunt of inflation. This is affecting their lifestyle and they are facing many financial problems.
Pressure on the government will increase
The pensioners’ strike may increase pressure on the government. This strike, which involves lakhs of pensioners, may also affect the image of the government.
Therefore, it is expected that the government will consider the demands of the pensioners and make a positive decision soon.
The demands of the pensioners are legitimate and the government should pay attention to them. In the era of rising inflation, the financial condition of pensioners has become very weak. It is expected that the government will understand their problems and find a solution soon.