EPFO Pension Update – If a member of your family is contributing to the Provident Fund (PF), then there’s good news coming your way. The central government may announce an increase in the minimum pension amount for PF employees. The minimum amount received under the Employees’ Pension Scheme (EPS) could be increased to Rs. 8,000.
The government may take this decision in the next financial year. If this decision is made, it will be a boon for private sector employees. Currently, there is no official information available. These reports are circulating in the media.
📌 Also Read: Silver Price Update - After a Rs 7,000 increase, find out the latest rates in these cities
When can the announcement be expected?
Various PF employee organisations have been demanding that the central government increase the minimum pension amount. Several memorandums have also been submitted to the government regarding this. The Ministry of Labour and Employment may decide on this in the first month of the financial year, i.e., April 2026.
Since the implementation of the Universal Pension Scheme (UPS) for government employees, the demand to increase the minimum limit of EPS has been strong. There are speculations that the minimum EPS amount will be increased to Rs. 8,000. Currently, the minimum EPS amount is Rs. 1,000.
📌 Also Read: Farmers Receive a Major Setback, Complete This Task Quickly, Otherwise You won't Receive the ₹2000 Installment
This was implemented in 2014. A decision is expected to be taken at the meeting of the Central Board of Trustees of EPFO. All employees are keeping a close eye on this. Currently, there are approximately 8 crore PF employees.
A gift of increased interest may be in store.
The government may open its coffers for PF employees. There are plans tofinalisee the interest rate for the financial years 2025 and 2026. An update on the interest rate may be given after the presentation of Budget 2026. This time, an interest rate of up to 9 per cent is expected.
📌 Also Read: Vande Bharat Sleeper - Rajasthan will soon get the Vande Bharat Sleeper gift, when will it start?
In the last financial year, a total interest of 8.25 per cent was given. Based on this, there could be an increase of 0.7 per cent this time. PF employees can easily check their interest amount. The central government has been providing interest on the amount deposited in the PF.