There is a great news for lakhs of pensioners across the country. Actually, the pension of government employees is going to increase soon. The government is preparing to increase the limit of pension.
After which now the pension of government employees will be doubled. At present, hearing is going on in the Supreme Court on this matter. If the government takes this decision, then no matter what your salary is, but your pension will be calculated on Rs 15,000 only.
Your pension will increase
A case is going on in the Supreme Court to abolish this salary limit of the Employees’ Provident Fund Organization (EPFO). Along with this, pension calculation in EPFO can also be done on the previous salary i.e. people getting high salary. After this decision of EPFO, there will be a bumper increase in the pension received by the employees. After which pensioners can be given the benefit of more pension.
How much is the maximum pension now?
Employees are members of EPFO. 12 percent of the salary of employed people goes to the EPF account. Along with this, the same contribution is also made by the employer of the employees i.e. the office. Whose 8.33 percent is deposited in the Employees Pension Scheme. If we talk about the maximum pensionable salary at this time, then it is Rs 15,000.
Pension is available after the age of 58 years.
The salaried employees are given the benefit of pension after the age of 58 years. However, for this, it is also mandatory for the employees to work for at least 10 years. Complaints are also being made that pensioners have to wait for a long time to get pension. To remove this complaint, it has been decided by EPFO to fix the date of pension.