return to news
  1. Pensioners' body calls nationwide August 5 protest for ₹7,500 minimum monthly pension under EPS

Personal Finance News

Pensioners' body calls nationwide August 5 protest for ₹7,500 minimum monthly pension under EPS

Upstox

3 min read | Updated on August 04, 2026, 07:47 IST

SUMMARY

As per a PTI report, the nationwide protest seeks a higher minimum pension, DA and medical benefits. Here's what retirees are demanding and how the EPF Scheme 2026 fits into the broader retirement benefits framework.

pensioners strike august 5

Presently, the minimum monthly pension under the Employee Pension Scheme (EPS) is ₹1, 000, which was enforced on September 1, 2014. | Image: Shutterstock.

Thousands of pensioners covered under the Employees' Pension Scheme (EPS-95) are set to gather at Jantar Mantar in New Delhi on August 5 as part of a nationwide protest, demanding a minimum monthly pension of ₹7,500 along with other social security benefits, as per a PTI report.

Open FREE Demat Account within minutes!
Join now

The protest has been called by the EPS95 National Agitation Committee, which says years of representations, peaceful demonstrations and appeals to the government have not resulted in any meaningful policy action.

What are the pensioners demanding?

The committee has raised four key demands:
  • Increase the minimum monthly EPS pension from the current ₹1,000 to ₹7,500.

  • Provide Dearness Allowance (DA) to pensioners.

Extend free medical facilities to pensioners and their spouses.

  • Implement higher pension benefits for eligible retirees in line with Supreme Court judgments.

Commander Ashok Raut, National President of the EPS95 National Agitation Committee, told PTI that nearly 81 lakh EPS-95 pensioners have been pursuing these demands for over a decade. Despite repeated assurances from the government, no concrete action has been taken, he said. Highlighting the financial hardships faced by retirees, Raut said a large number of EPS-95 beneficiaries receive an average monthly pension of around ₹1,171, which is "grossly inadequate" in today's economic conditions.

The committee also warned that if its demands continue to remain unaddressed, it may intensify its agitation.

Current minimum pension under EPS

At present, the minimum monthly pension under the Employees' Pension Scheme (EPS) is ₹1,000. This minimum pension came into effect on September 1, 2014, and has not been revised since.

The EPS is administered by the Employees' Provident Fund Organisation (EPFO) and provides pension benefits to eligible members after retirement.

Why this protest comes at an important time

The protest coincides with growing interest in retirement benefits following the notification of the EPF Scheme 2026.

Although the Employees' Provident Fund (EPF) and Employees' Pension Scheme (EPS) are separate schemes under the EPFO, both are integral to the retirement benefits available to organised-sector employees.

One of the key discussions in recent weeks has been around the EPF wage ceiling, with several media reports suggesting that the government may consider increasing the existing limit. Upstox News has not independently verified these reports, and the government has made no official announcement.

Can the EPF wage ceiling be increased?

The newly notified EPF Scheme 2026 does not prescribe a fixed wage ceiling. Instead, it provides that provident fund contributions will be calculated based on the "wage ceiling limit" notified by the Central Government from time to time.

This means the government has the flexibility to revise the current statutory wage ceiling through a notification if it chooses.

EPF wage ceiling vs EPS pension: What's the difference?

While both fall under the EPFO framework, they serve different purposes.

The EPF wage ceiling determines the salary on which mandatory provident fund contributions are calculated for eligible employees. A revision in this ceiling would primarily affect future EPF contributions and retirement savings.
The EPS-95 protest, on the other hand, is focused on increasing the minimum monthly pension payable to retirees. Pensioners are seeking a revision of the minimum pension from ₹1,000 to ₹7,500, along with DA and improved social security benefits.
-With inputs from PTI
For all personal finance updates, visit here

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

Next Story