Question : WAGE CEILING

(a) whether there is any proposal under consideration of the Government to raise the wage ceiling on Employees Pension Scheme from the present level of Rs.5000 per month to Rs.6500;

(b) if so, the facts thereof alongwith the action taken by the Government in this regard; and

(c) if not, the reasons therefor?

MINISTER OF LABOUR (DR. SATYANARAYAN JATIYA)

(a) to (c) : A proposal to enhance the wage ceiling for coverage under the EPF & MP Act, 1952 from Rs.5,000/- to Rs.6,500/- per month is under consideration in consultation with the Ministry of Finance. Final decision is yet to be taken in this regard.