In a landmark judgment delivered in April 2025, the Supreme Court of India approved a long-overdue revision to the Employees’ Pension Scheme (EPS-95), impacting over 78 lakh pensioners across the country. 27 or paragraph 27-A of the Employees' Provident Fund Scheme, 1952, a part of contribution representing 8.33 per cent of the Employee's pay shall be remitted by the employer to the Employees' Pension fund within 15 days of the close of every month by a separate bank draft or cheque on account of the Employees' Pension Fund contribution in such manner as may be specified in this behalf by the Commissioner. The cost of the remittance, if any, shall be borne by the employer. This EPS-95 Pension Hike goes into effect in August 2025, which follows an official judgement passed by the court in April 2025. This pension just got a pension boost, but it supports a lot of elderly individuals who are just getting minimum pensions. EPS-95 Pension Hike The Employees’ Pension Scheme (EPS-95) provides comprehensive benefits covering a broad spectrum of contingencies, which ensures social security protection during old age of the members and their families. The different categories of pension and withdrawal benefits available under EPS are as under: Member Pension upon superannuation at 58 years of age.
