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    Question

    What is the minimum pension per month for the pensioners

    under the Employees’ Pension Scheme (EPS), 1995?
    A Rs. 750 Correct Answer Incorrect Answer
    B Rs. 1000 Correct Answer Incorrect Answer
    C Rs. 1250 Correct Answer Incorrect Answer
    D Rs. 1500 Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The Government had, for the first time, provided a minimum pension of Rs.1000/- per month to the pensioners under Employees’ Pension Scheme (EPS), 1995 from 01.09.2014 by providing additional budgetary support. In addition, Government provides budgetary support of 1.16% of wages of the member to Employees’ Provident Fund Organisation (EPFO).

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