The record
Written from the 1 report below. Nothing here is unsourced.
- EPFO CEO Ramesh Krishnamurthi said there are no plans to reopen the application window for higher pensions under the Employees' Pension Scheme, and that nearly 4.4 lakh demand letters have already been issued.
- He defended the new EPF scheme 2026 against trade union concerns, saying core provisions remain unchanged, with contributions at 12% and the wage ceiling still at ₹15,000 as notified in 2014.
- He argued that higher pensions drain the pooled fund, with each payout costing about ₹25 lakh, and reopening the window would deprive current members of their retirement corpus.
- Decisions on minimum pension and wage ceiling, he said, rest with the government.
What to watch next
- Whether trade unions press further objections to the Social Security Code and new EPFO schemes
- Any government move to revise the wage ceiling or minimum pension
- Completion of remaining higher pension applications among the nearly 4.4 lakh demand letters issued
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All filed from India
Named India · Trade unions · Employees' Provident Fund Organisation · Government · Ramesh Krishnamurthi
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