BusinessProposed EPS Pension Ceiling Increase Could Boost Retirement Benefits
The proposed increase in the EPS pensionable salary ceiling from ₹15,000 to ₹25,000 could significantly raise monthly pension benefits for eligible employees. This change would increase the baseline salary used in pension calculations, potentially boosting pensions by up to 66.6%. The Employees' Provident Fund Organisation (EPFO) calculates pensions based on average salary and years worked, so a higher ceiling means higher retirement payouts.
News18 Business·3h ago



