EPFO vide its circular no. 1164 dt. 9th Apr-15 has suspended the minimum monthly pension of INR 1000 to its pensioners and has asked its field officers to release pension at earlier rates without considering minimum monthly pension provision.
Earlier in Sep-14, a scheme for minimum pension of INR 1000 was launched for those who were getting less than INR 1000. But now, the pension has been reverted on old rates.
Full text of circular is given below and can be downloaded from here.
EMPLOYEES’ PROVIDENT FUND ORGANISATION
(Ministry of Labour & Employement, Govt. of India)
Head Office
Bhavishya Nidhi Bhawan, 14, Bhikaji Cama Place, New Delhi – 110 066
No. Pen/Actuarial/18(2)2008/Vol-III/1164 Date : 09 Apr 2015
To
All Addl. Central P.F. Commissioners (Zones)
All Regional P.F. Commissioners, In-Charge of Regions
All Regional P.F. Commissioners, In-Charge of SROs
Sub: Release of Pension under EPS-1995 without the Minimum Pension of Rs. 1,000/- per month from the Month of April 2015 onwards Generation of BRS for the Month of April 2015 only after receiving_ patch from IS Division – Reg.
Sir,
As you are aware, the Government of India had issued the Gazette Notification GSR No 593(E) dated 19.08.2014 providing for a minimum pension of Rs. 1,000/- per month under EPS-95. As per the notification the provision of minimum pension of Rs. 1,000/- per month in respect of member/widow(er)/disabled nominee/dependent parents and Rs.250/- per month and Rs.750/- per month for Children and Orphan pension respectively was made effective from 01.09.2014 and was specifically limited to the financial year 2014-15.
2. Consequent to the notification, appropriate changes in the application was carried out by the IS Division and offices have disbursed the monthly pensions with the minimum pension provision as provided for in the notification from the month of September 2014 to March 2015.
3. While the matter has been referred to the Government for a decision on the continuation of the minimum pension provision beyond 2014-15, a direction is yet to be received. Under the circumstances EPFO cannot go beyond the directions of the Government and the provisions of the Gazette Notification GSR No. 593(E) dated 19.08.2014 and the payment of pension from the Month of April 2015 will be released at earlier rates i.e. without the minimum pension provision.
4. All field offices are,therefore,directed to ensure that the BRS processing cycle for the month of April,2015 for credit of pension in May,015 should only be carried out after the necessary patch from IS division.
5. The Directions in the previous paragraph are for strict compliance and it must be ensured that no overpayments take place.
[This isssues with the approval of he CPFC]
Yours Faithfully
(CHANDRAMAULI CHAKRABORTY)
REGIONAL PROVIDENT FUND COMMISSIONER-I (Pension)
