Despite the Supreme Court upholding the right of employees to opt for the higher Employees’ Pension Scheme (EPS) by contributing to the EPS on a higher salary, not many people in India are getting a higher EPS pension.
And now the National Confederation of Pensioner Associations (NCPA), a body that claims to represent 10 lakh pensioners from Public Sector Undertakings (PSUs) and the private sector, wants Prime Minister Narendra Modi to intervene and resolve higher EPS pension issues for PSU employees and certain exempted establishment employees.
