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Thursday, February 27, 2014

Cabinet may okay Rs 1K/month min pension tmrw

New Delhi, Feb 27 (PTI) Union Cabinet is likely to approve tomorrow the proposal to ensure Rs 1,000 minimum monthly pension under the pension scheme run by retirement fund body EPFO, which would immediately benefit 28 lakh pensioners.

According to sources, the proposal is listed in the agenda of the meeting of the Union Cabinet scheduled for tomorrow.

The move to ensure Rs 1,000 minimum pension under Employees' Pension Scheme-95 will immediately benefit about 28 lakh pensioners including five lakh widows.

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