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It is a victory for the Central Trade Unions and the Pensioners. The Minimum Pension for the Employees Pension Scheme (EPS-95) holders has been decided as Rs.1,000, as stated by Minister of State for Steels, Mines,Labour and Employment Shri Vishnu Deo Sai in a written reply in the Parliament on 7th July.
The Government has to issue the orders urgently. This will benefit about half of the 28 lakh pensioners, who are getting less than Rs.1,000 pension.
Along with that the assurance of the Labour Minister that the eligibility will be raised to Rs. 15,000 have also to be implemented by issuing necessary orders.