27 or paragraph 27-A of the Employees' Provident Fund Scheme, 1952, a part of contribution representing 8.33 per cent of the Employee's pay shall be remitted by the employer to the Employees' Pension fund within 15 days of the close of every month by a separate bank draft or cheque on account of the Employees' Pension Fund contribution in such manner as may be specified in this behalf by the Commissioner. The cost of the remittance, if any, shall be borne by the employer. This EPS-95 Pension Hike goes into effect in August 2025, which follows an official judgement passed by the court in April 2025. This pension just got a pension boost, but it supports a lot of elderly individuals who are just getting minimum pensions. EPS-95 Pension Hike Explore the EPS 95 Pension Scheme – eligibility, pension types, calculation, latest updates & benefits. Secure your retirement with monthly income support. Learn about the comprehensive benefits under EPS-95, which covers old age, disability, widowhood, orphanhood, and nominee pension. See the year-wise details of the total number of pensioners receiving benefits under EPS-95 from 2019-20 to 2023-24.
