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Business Desk, New Delhi. For crores of employees working in the private sector in India, the year 2026 can prove to be a historic turning point in terms of retirement planning. Employees’ Provident Fund Organization (EPFO)EPFO) your pension plan (EPS-95) is preparing to make some such revolutionary changes, which may see a huge increase in the pension amount received by employees who have served 15 years or more. Let us understand in the style of Amar Ujala how these new rules will change your life after retirement.
1. Huge increase in minimum pension: It may increase from ₹ 1,000 to ₹ 7,500
At present the minimum pension under EPS-95 is only ₹ 1,000 per month, against which employee unions have been protesting for a long time. According to the reforms proposed in 2026, the government Increase in minimum pension from ₹7,000 to ₹7,500 Can do between. This will be a big relief for those pensioners who are currently living on a very small amount. In this era of inflation, this increase will provide financial strength to senior citizens.
2. Change in Wage Ceiling: Pension will almost double
At present, the biggest hurdle in calculating pension is the ‘salary limit’ of ₹ 15,000. Under the new rules this Increase in wage ceiling from ₹15,000 to ₹25,000 or ₹30,000 There is a strong discussion about doing so.
Its effect: If your basic salary is higher, now your pension will also be calculated on the basis of increased salary, due to which the monthly pension amount can almost double.
Pension Formula: $\text{Monthly Pension} = \frac{\text{Pensionable Salary} \times \text{Pensionable Service}}{70}$
3. How much pension will you get now after 15 years of service?
If you have completed 15 years of private employment, the difference between the current and proposed rules will surprise you.
Existing Rules: If your pensionable salary is ₹15,000 and you have worked for 15 years, then according to the formula your pension works out to be around ₹3,214 (but the minimum guarantee is only ₹1,000).
Possible rules for 2026: If the salary limit becomes ₹ 30,000, then your pension will be based on this 15 years of service. ₹6,428 Will reach close to. And if the minimum pension of ₹7,500 is applicable, you will be assured of getting at least ₹7,500.
Other important points about EPFO pension rules
Inclusion of Dearness Allowance (DA): Now there is a proposal to add ‘dearness allowance’ in the pension calculation, which can pave the way for increase in pension according to inflation every year.
Digital Transparency: Now the pensioners uan You will be able to see your probable amount by using the online ‘Pension Calculator’.
Eligibility: At least to get pension 10 years service Is mandatory. 15 years of service helps you in getting ‘weightage’ and more benefits.
Government’s objective: Self-reliant elderly, secure future
The main objective of these reforms is to provide the same social security after retirement to private sector employees as is provided to government employees. The government wants that the elderly should not have to depend on anyone for medicines, electricity bills and other expenses as they grow older. These changes will not only benefit the current pensioners but will also provide relief to the youth who are currently working.
