Now Reading: EPFO issues 1.49 lakh higher-pension orders; govt lists 4 steps
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EPFO issues 1.49 lakh higher-pension orders; govt lists 4 steps
EPFO has issued 1,49,806 pension payment orders for higher contributions following the Supreme Court's November 2022 direction, Minister of State Shobha Karandlaje told Lok Sabha. Of the 15,24,365 claims received, only 11,595…
The Story in Brief
EPFO has issued 1,49,806 pension payment orders for higher contributions following the Supreme Court's November 2022 direction, Minister of State Shobha Karandlaje told Lok Sabha. Of the 15,24,365 claims received, only 11,595 were pending as of 5 August. To speed up processing, the government has taken four steps: an online facility for Joint Options, processing claims under applicable provisions, instructions to regional offices for timely disposal, and regular video conferences to review progress. Members can track claims via the Umang app, portal, SMS (to 7738299899), missed call (9966044425), or toll-free numbers 1800 118 005 and 1800 114 470.
The minister said the government is committed to robust social security under the new EPS 2026 scheme while ensuring the fund's sustainability. Meanwhile, BJP MP K Laxman urged the centre to enhance the minimum pension of Rs 1,000, citing rising costs of food and healthcare.
The Indian Opinion
The government stresses 'time-bound' processing but has set no fresh deadline for clearing the 15.24 lakh applications. The 1.49 lakh orders issued so far leave a vast majority waiting, and the demand to raise the minimum pension from Rs 1,000 is growing louder. Both sides need to be tested: will the centre announce a date for arrear payment, and will it link minimum pension to inflation as unions ask? Watch for the next budget reply.
Sources (2): businesstoday.in, livemint.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
