New Policy for Pension Holders
GOVERNMENT OF INDIA
MINISTRY OF LABOUR AND EMPLOYMENT
UNSTARRED QUESTION NO-1192
New policy for pension holders
1192 . Shri Basawaraj Patil
1192. SHRI BASAWARAJ PATIL:
Will the Minister of LABOUR AND EMPLOYMENT be pleased to state:
(a)the impact of the new policy of Government on pension holders;
(b)the number of pension holders likely to get benefited; and
(c)the details of total financial benefit to the pension holders?
MINISTER OF STATE (IC) FOR LABOUR AND EMPLOYMENT
(SHRI BANDARU DATTATREYA)
(c): Pensioners under Employees’ Pension Scheme, 1995 getting less than Rs. 1000/- per month are getting top-up amount over and above the pension they are getting to make it to Rs. 1,000/- per month. Besides, children and orphan pensioners are getting a minimum pension of Rs. 250/- and Rs. 750/- per month respectively. The total financial benefit to the pension holders in implementing the minimum pension under Employees’ Pension Scheme, 1995 is estimated to be Rs. 709 crores for the period 01.09.2014 to 31.03.2015.