Critical
Old wine, new bottle: on the EPFO’s recent changes
The Labour Ministry's new EPF/EPS/EDLI rules are a procedural update, aligning with the Social Security Code. This formal change, however, disappointed millions of pensioners who anticipated revisions to the 12-year-old minimum monthly pension (₹1,000) and wage ceiling (₹15,000). Despite many receiving ₹1,000 or less, and repeated demands, the government hasn't acted, even with modest financial implications. The author critically urges restoring EPS applicability for all workers, emphasizing that substantive EPFO decisions profoundly affect crores of employees, necessitating urgent government action.
The Hindu · The Hindu · Jul 6, 2026 at 3:57 AM