May 25, 2026
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Pension Reform

EPFO Disburses Rs 1,852 Crore Amid Mounting Pressure for EPS-95 Pension Reform

EPFO Disburses Rs 1,852 Crore Amid Mounting Pressure for EPS-95 Pension Reform

Business News Desk03 mins mins

The Employees’ Provident Fund Organisation (EPFO) has disbursed Rs 1,852 crore to EPS-95 pensioners, a move aimed at providing immediate liquidity to millions of retirees across India. This latest distribution occurs against a backdrop of escalating nationwide protests, where retired workers are intensifying their demands for a guaranteed minimum monthly pension of Rs 7,500. Contextualizing…

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PFRDA Overhauls NPS Withdrawal Rules: Retirees Gain Greater Liquidity

PFRDA Overhauls NPS Withdrawal Rules: Retirees Gain Greater Liquidity

Business News Desk03 mins mins

The Pension Fund Regulatory and Development Authority (PFRDA) issued a landmark circular on May 15, 2026, officially launching the Retirement Income Scheme, which permits National Pension System (NPS) subscribers to withdraw up to 80% of their accumulated corpus upon retirement. This policy shift, implemented across India, marks a significant departure from previous regulatory frameworks that…

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