A Game-Changing Announcement for Pensioners
Rahul Gandhi, a prominent Congress leader, recently made a bold announcement that has sparked hope among millions of retirees under the Employees’ Pension Scheme (EPS-95). He promised to push for a minimum pension of ₹7500 per month, a significant jump from the current ₹1000, if his party comes to power. This statement comes amid growing demands from pensioners and unions for better financial support to cope with rising living costs. Gandhi’s pledge has stirred discussions, especially as it contrasts with the current government’s approach under Prime Minister Narendra Modi.
Why EPS-95 Pensioners Are Demanding a Hike
The EPS-95 scheme, managed by the Employees’ Provident Fund Organisation (EPFO), supports over 78 lakh pensioners across India. Launched in 1995, it provides pensions to private-sector workers, but the minimum pension of ₹1000 has remained unchanged for years. With inflation and living expenses soaring, retirees struggle to meet basic needs like food, rent, and healthcare. Pensioners’ groups, such as the EPS-95 National Agitation Committee, have long demanded a hike to ₹7500, along with Dearness Allowance (DA) to adjust for inflation, to ensure a dignified life after retirement.
Rahul Gandhi’s Plan to Support Retirees
During a recent public address, Rahul Gandhi highlighted the struggles of EPS-95 pensioners, calling the current pension “too low to survive.” He promised that a Congress-led government would prioritize raising the minimum pension to ₹7500 and include DA to protect retirees from rising prices. Gandhi also emphasized free healthcare for pensioners and their spouses, addressing another key concern. This announcement has been welcomed by many, though some question how it will be funded without straining the EPFO’s resources.
Government’s Response and Current Status
The Modi government has faced pressure to revise the EPS-95 pension, with reports suggesting a proposal for a ₹7500 minimum pension is under review. In April 2025, the Supreme Court approved a pension hike with DA, but implementation details remain unclear. The EPFO is expected to finalize guidelines by mid-2025, potentially benefiting millions. However, no official confirmation has come from the government, leading to mixed reactions. While some praise the government’s efforts, others feel the pace is too slow compared to Gandhi’s bold promise.
What This Means for Pensioners
If implemented, a ₹7500 pension would transform the lives of retirees, offering better financial stability and reducing dependence on family support. The addition of DA would ensure pensions keep up with inflation, providing long-term security. Pensioners are hopeful but cautious, awaiting clear timelines and official updates. Below is a quick comparison of the current and proposed pension plans:
| Feature | Current Policy | Proposed Policy |
|---|---|---|
| Minimum Pension | ₹1000 | ₹7500 |
| Dearness Allowance | Not Included | Included |
| Beneficiaries | ~78 Lakh | ~78 Lakh |