Bhartiya Mazdoor Sangh encourages government to raise minimum pension under EPS

Even during the COVID-19 days, those who have worked lifelong got only a paltry amount of minimum pension of Rs 1,000. This is less than a destitute pension.

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Bhartiya Mazdoor Sangh encourages government to raise minimum pension under EPS

Bhartiya Mazdoor Sangh who is the RSS-affiliate trade union has encouraged the government to raise the minimum pension under the Employees’ Pension Scheme, 1995 to Rs 5,000 per month and link the Ayushman Bharat medical schemes to all the pensioners of EPS-95 while exempting senior citizens from income tax. The recent minimum monthly pension under the EPS 95 is Rs 1,000.

“Even during the COVID-19 days, those who have worked lifelong got only a paltry amount of minimum pension of Rs 1,000. This is less than a destitute pension. Hence the EPS pension should be raised to Rs 5,000,” BMS stated in its submission to the finance minister while the pre-budget consultation meeting of central trade unions on Saturday with Finance Minister Nirmala Sitharaman.

Also Read: ‘India Should Uphold Labour Laws’, Says International Labour Organisation to PM Modi

Ayushman Bharat medical scheme should be extended all EPS 95 pensioners and any hike in a minimum pension in EPS 95 should be a universal hike to all 65 lakh pensioners,” it stated, adding that senior citizens are free from IT and interest rate on fixed deposits would be protected to make sure of smooth income in old age.

BMS even enquired for extension of the Employees’ State Insurance health scheme to new sectors such as plantation, beedi workers, and scheme workers stating it is the best health insurance scheme and is even one of the most profitably run schemes.

Further, it encouraged the government to plan protection measures including “equal pay for equal work”, minimum wages, financial support, etc. for contract laborers, specifically in PSUs and the departments that are run by the government.

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Bhartiya Mazdoor Sangh encourages government to raise minimum pension under EPS
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Even during the COVID-19 days, those who have worked lifelong got only a paltry amount of minimum pension of Rs 1,000. This is less than a destitute pension.
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THE POLICY TIMES
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