Retirees ask FM for Rs 7,500 minimum monthly pension under EPS-95

Retirees have appealed to the Finance Minister to increase the minimum monthly pension under the Employees' Pension Scheme (EPS) 95 to ₹7,500. The request is based on the rising cost of living and the financial challenges faced by retirees. The EPS 95 was introduced to provide a pension for employees in the organized sector, but many retirees argue that the current pension amount is insufficient. The appeal reflects the growing concerns among retirees, particularly those who rely solely on their pensions for their livelihood. The government’s response to the appeal will determine the future of the pension scheme.