The Latest Breaking News from Ministry of Labour and Employment

EPS-95 higher pension: Pensioners’ body appeals to President as retirees struggle to get higher pension

The National Confederation of Pensioners’ Associations has requested intervention from President Droupadi Murmu regarding higher EPS pension issues. They demand the withdrawal of a problematic EPFO circular that affects eligibility for pensions based on internal trust rules. In addition, they seek to halt unnecessary litigation and ensure uniform treatment for…

The Economic Times · 7h ago

No additional EPS contribution by government on higher wage ceiling of Rs 25,000; know what it means for your pension

EPS pension: In a recent notification, the central government confirmed that the Employees' Pension Scheme contribution will remain at the current cap of Rs 15,000, despite announcing a new wage ceiling of Rs 25,000. This choice reflects findings from earlier actuarial evaluations pointing to a potential funding shortfall. Additionally, the…

The Economic Times · Oct 23

Centre gets 5.59 lakh public grievances till June 25 this year, Dept of Financial Services tops list

Department of Financial Services (Banking Division), Ministry of Labour and Employment, CBDT, Ministry of Railways are the top ministries which receive(d) the maximum number of grievances

The Hindu · Jul 12, 2022