Maneka Gandhi launches new guaranteed Minimum Pension Scheme
Moneylife Digital Team 30 September 2014

The Union Minister of Women and Child Development, Maneka Sanjay Gandhi gave away certificates of increased pension to the first ten pensioners

 

The Union Minister of Women and Child Development, Maneka Sanjay Gandhi presided over a function to launch the New Guaranteed Minimum Pension Scheme of Government of India in Dehradun. The Minister gave away certificates of increased pension to first ten pensioners. The government announced the launch of a guaranteed minimum pension of Rs1,000 per month under the Employees Pension Scheme, 1995.

 

Under the new scheme, the pension has been increased from Rs650 to Rs1,000. Also, the maximum wage limit for eligibility has been increased from Rs6,500 per month to Rs15,000 per month.

 

Speaking on the occasion, Maneka Gandhi said that this measure has been taken by the government to provide increased social security to workers through the Pension Scheme.

 

The Minister said that the pension is a small token of gratitude which the nation pays to workers who spend a life time in building the nation through their hard work. Maneka Gandhi also explained the benefits of integrating Jan Dhan Yojana and Employees Scheme which will now enable the Pension to go directly into the accounts of the workers.

 

The Minister also gave a preview of Swachch Bharat Yojana of the government and its critical applicability to an environmentally fragile state like Uttarakhand.

Comments
MG Warrier
1 decade ago
If the government is serious about ensuring a reasonably secure post-employment/retirement life for workers who earn 'starvation wages', the organisations like PFRDA (implementing National Pension System), LIC and EPFO should put their heads together and implement schemes that will get resources from employers when employees serve and by managing the funds prudently, these organisations should be in a position to pay a decent regular pension for retirees and their survivors. Rs1000 wll be inadequate, even if the Parliament House canteen facilities are thrown open to pensioners.
Madhukar
1 decade ago
I checked this increase in my Pension scheme with Provident Fund Office at Mangalore. This increase is only for those pensioners who had opted for family pension at the age of 58. Please check your increase in pension at your respective EPFO Offices.
Free Helpline
Legal Credit
Feedback