The EPS-95 Pension Update 2026 focuses on the Employees’ Pension Scheme managed by EPFO, providing monthly pensions to over 80 lakh retirees. As of December 2025, the minimum pension remains Rs. 1,000 per month, unchanged since 2014. Pensioners and unions continue demanding revisions amid rising living costs.
Current Pension Status
EPS-95 offers lifelong monthly income based on service years and salary. The scheme receives employer contributions of 8.33% of wages, capped at Rs. 15,000, plus government support. No Dearness Allowance applies, unlike government pensions.
Demands for 2026 Changes
Unions strongly advocate raising the minimum to Rs. 7,500 or higher, plus inflation-linked relief. They argue the current amount fails to cover basics like medicine and food.
| Aspect | Current Level | Demanded for 2026 |
|---|---|---|
| Minimum Monthly Pension | Rs. 1,000 | Rs. 7,500+ |
| Dearness Allowance | None | Linked to Inflation |
| Beneficiaries | Over 80 Lakh | Same with Better Support |
These demands aim for dignified retirement.
Government Position
In Parliament during December 2025, the Labour Ministry stated no proposal exists for increasing the minimum pension. An actuarial deficit in the fund makes hikes unsustainable without additional funding.
Progress on Higher Pension Claims
EPFO has cleared nearly 99% of applications for higher pensions following the 2022 Supreme Court ruling. Many retirees now receive revised amounts based on actual salary contributions.
What to Expect in 2026
No confirmed hike emerges yet, but reviews continue. Possible reforms include phased increases or higher wage ceilings. Budget 2026 discussions may influence outcomes.
Pensioners should monitor official EPFO notifications for accurate information. This scheme remains vital, though updates depend on balancing fund health and retiree needs.
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