Friday, September 18, 2020

GOOD NEWS FOR EPS 95 PENSIONERS: DEMAND FOR INCREASING MINIMUM PENSION FOR PROVIDENT FUND PENSIONERS IN RAJYA SABHA

EPS 95 HIGHER PENSIN NEWS | EPS 95 PENSION HEKE NEWS


Rajya Sabha
18.09.2020

Mr. Elamaram Kareem, MP (CPM) from Kerala raised our Higher Pension issue in Rajya Sabha today (18.09.2020) to implement the verdict given by Kerala High Court which was upheld by the Supreme Court on 1.4.2019. Lot of thanks to him on behalf of all pensioners. Uncorrected text is also being reproduced for ready reference of my pensioner friends.


DEMAND FOR INCREASING MINIMUM PENSION FOR PROVIDENT FUND PENSIONERS
Uncorrected/ Not for Publication - 18.09.2020

SHRI ELAMARAM KAREEM (KERALA)

Mr. Chairman, Sir, there is a long-pending demand for the revision of pension under the Provident Fund Pension Scheme, 1995. There are about 65 lakh pensioners in the country who are raising this burning issue. They have played a major role in the advancement of modern India. 


At the time of introduction of the EPS, 1995, the trade unions and the pensioners had opposed the scheme since they were being offered much less benefits, as compared to the contributions made by the workers during their service tenure. Their argument was favoured by the Kerala High Court and it was upheld by the Supreme Court too. But, so far, the Government has not implemented the recommendations. 


Therefore, the pensioners, the organizations, and the trade unions are on the path of struggle. I urge upon the Government to take necessary action in this regard and implement the verdict of the hon. court. (Ends)


 

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