EPFO Considers Raising Minimum Pension Under EPS-95 Amid Record Claim Settlements
EPFO may raise minimum pension under EPS-95; settles 83.1 million claims in 2025-26
The Economic Times
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The Ministry of Labour and Employment is contemplating increasing the minimum pension under the Employees’ Pension Scheme (EPS-95) from ₹1,000 to potentially ₹7,500 per month, benefiting millions of subscribers. In 2025-26, the Employees’ Provident Fund Organisation (EPFO) settled a record 83.1 million claims, marking a 38.3% increase from the previous year.
- 01The minimum pension under EPS-95 may be raised from ₹1,000 to ₹7,500.
- 02The EPFO settled 83.1 million claims in 2025-26, a 38.3% increase from the previous year.
- 03In April 2026 alone, 6.103 million claims were settled.
- 04The majority of claims were processed quickly, with 98.70% settled in less than 20 days.
- 05An Aadhaar-based portal will be launched to help subscribers activate old accounts.
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The Ministry of Labour and Employment is actively considering raising the minimum pension under the Employees’ Pension Scheme (EPS-95) from ₹1,000 to potentially ₹7,500 per month, responding to demands from labour unions and pensioners’ associations who argue that the current amount is insufficient for basic living expenses. This proposed increase could significantly impact the government's finances, as it currently contributes over ₹950 crore annually to maintain the minimum pension. Meanwhile, the Employees’ Provident Fund Organisation (EPFO) reported a record 83.1 million claims settled in the financial year 2025-26, reflecting a 38.3% increase from the 60.1 million claims settled in 2024-25. In April 2026 alone, 6.103 million claims were processed, with 98.70% of total claims settled in under 20 days, showcasing improved efficiency. Additionally, the EPFO plans to launch an Aadhaar-based portal, E-PRAAPTI, to assist subscribers in activating their inoperative old accounts, aiming to enhance transparency and reduce manual intervention.
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If the minimum pension is raised, it could significantly improve the financial security of retirees who depend on this income, potentially lifting many out of poverty.
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