EPFO Employees Pension Scheme 1995 not enough, Parliamentary committee want more for public
The Parliamentary Standing Committee on Labour in its 34th report tabled in Parliament today said it is of the firm opinion that this (Rs 1,000) is too meagre an amount which will not be able to fulfil even the basic monthly needs and requirements of a pensioner. The committee recommended that government undertake an assessment of the pension scheme with particular reference to the right of sustenance of the pensioners and based on the result, consider revision of the amount accordingly
Parliamentary panel recommended that a list of defaulters should also be displayed on the website of Labour Ministry/EPFO. Image source: zeenews.com