EPS-95 Pensioners to Receive ₹7,500 Plus DA – Supreme Court Approves Hike for 78 Lakh Retirees

EPS-95 Pensioners to Receive ₹7,500 Plus DA – Supreme Court Approves Hike for 78 Lakh Retirees

EPS-95 was introduced by the EPFO in 1995 to ensure retirement benefits for private sector workers employed in establishments with more than 20 employees. Until recently, many pensioners under this scheme received only ₹1,000 per month—a figure insufficient to cover rising living costs, particularly healthcare, rent, and food expenses. This inadequacy led to a sustained … Read more