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Biggest good news for pensioners! Pension will be doubled, preparing to increase the limit of pension

April 26, 2023

There is a great news for lakhs of pensioners across the country. Actually, the pension of government employees is going to increase soon. The government is preparing to increase the limit of pension.

After which now the pension of government employees will be doubled. At present, hearing is going on in the Supreme Court on this matter. If the government takes this decision, then no matter how much your salary is, but your pension will be calculated according to 15 thousand rupees only.

your pension will increase

A case is going on in the Supreme Court to end this wage limit of the Employees’ Provident Fund Organization (EPFO). Along with this, pension calculation in EPFO ​​can also be done on the previous salary i.e. people getting more salary. After this decision of EPFO, there will be a bumper increase in the pension received by the employees. After which pensioners can be given the benefit of more pension.

What is the maximum pension now?

The employees are members of EPFO. 12 percent of the salary of employed people goes to the EPF account. Along with this, the same contribution is also made by the employer of the employees. Whose 8.33 percent is deposited in the Employees Pension Scheme. Talking about the maximum pensionable salary at this time, it is Rs 15,000.

Pension is available after the age of 58 years.

Salaried employees are given the benefit of pension after the age of 58 years. However, for this, it is also mandatory for the employees to work for at least 10 years. Complaints are also being made that pensioners have to wait for a long time to get pension. To address this grievance, EPFO ​​has decided to fix the date of pension.

Read the Latest India News Today on The Eastern Herald.

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