Ministry of Labour & Employment
Employees’ Pension Scheme (Amendment) Scheme, 2020

16 MAR 2020

Representations have been received from individual Employees’ Pension Scheme (EPS), 1995 pensioners as well as various pensioners associations raising issue of amendments in EPS, 1995 as well as demands, inter-alia, regarding enhancement of minimum monthly pension and restoration of commuted value of pension.

Considering the demands of EPS, 1995 pensioners, the Government had constituted a High Empowered Monitoring Committee for complete evaluation and review of EPS, 1995. Based on Committee’s recommendation, the Government vide Notification G.S.R. No. 132(E) dated 20.02.2020 has notified decision to restore normal pension after completion of fifteen years from the date of such commutation, in respect of those members who availed the benefit of commutation of pension under the erstwhile paragraph 12A of this Scheme, on or before the 25th day of September, 2008.

The State / UT-wise details of number of employees enrolled under EPS, 1995 at present are at Annexure I.

Annexure I

State / UT-wise details of number of employees enrolled under EPS, 1995

The State/UT-wise details of the amount distributed under EPS, 1995 during each of the last three years including the current year are at Annexure II.

Also check: MACP – MODIFIED ASSURED CAREER PROGRESSION SCHEME FOR THE CENTRAL GOVERNMENT CIVILIAN EMPLOYEES ORIGINAL ORDER DATED MAY 2009

Annexure I

State / UT-wise details of the amount (in Rs.) distributed under EPS, 1995

This information was given by Shri Santosh Kumar Gangwar Union Minister of State (I/C) for Labour and Employment in written reply to a question in Lok Sabha today.

PIB

The post Employees Pension Scheme Amendment Scheme 2020 appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.