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The Economic Times

Shaghil Bilali

67% rise in EPS pension for these employees as wage ceiling hike to Rs 25,000 gets cabinet’s approval

EPS Social Security EPF

In an important decision that can impact a large number of employees from the organised sector, the central government today (Wednesday, September 16, 2026) approved a hike in the monthly wage ceiling for Employees' Provident Fund (EPF) from Rs 15,000 to Rs 25,000.

In a cabinet briefing today, Union minister Ashwini Vaishnaw said that the government would spend around Rs 11,339 crore every year as part of the move, which is aimed at widening social security coverage for employees.

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