Question : INCREASE IN PENSION AMOUNT

(a) whether recommendations by expert committee on various issues pertaining to Employees Pension Scheme (EPS) 1995 has not been accepted by the Government;

(b) if so, the reasons therefor;

(c) whether the Government proposes to revise, increase or amend the PF slab or pension amount;

(d) if so, the details thereof;

(e) whether the EPFO has decided to give monthly updates of contributions instead of annual statement; and

(f) whether the employees and workers covered by EPF are getting pensions now-a-days from EPF fund?

MINISTER OF LABOUR AND EMPLOYMENT(SHRI MALLIKARJUN KHARGE)

(a) & (b): The report of the Expert Committee on Employees’ Pension Scheme is under consideration of the Central Board of Trustees, Employees Provident Fund Organisation.

(c): At present, there is no proposal under consideration of the Government.

(d): Does not arise in view of reply to part (c).

(e): No, Madam.

(f): Employees and workers covered by the Employees’ Provident Fund (EPF) are getting pension from the Employees’ Pension Fund created under the Employees’ Pension Scheme, 1995.