Enhancement of salary limit of Employees Provident Fund
GOVERNMENT OF INDIA
MINISTRY OF LABOUR AND EMPLOYMENT
RAJYA SABHA
UNSTARRED QUESTION NO-748
ANSWERED ON-11.12.2013
Enhancement of salary limit of Employees Provident Fund
748 . SHRI RAMACHANDRA KHUNTIA
(a)whether Government is considering to enhance the salary limit of employees of provident fund to Rs. 15000/- and reduce the number of workers from 20 to 5 in view of the mechanization and down sizing of the workers; and
(b)whether Government is also considering to raise the provident fund related pension to Rs. 2000/- per month as minimum pension?
ANSWER
MINISTER OF STATE FOR LABOUR AND EMPLOYMENT (SHRI KODIKUNNIL SURESH)
(a) Proposals for enhancing the wage ceiling from Rs. 6500/- to Rs. 15000/- and reducing the threshold limit from 20 to 10 under the Employees Provident Funds & Miscellaneous Provisions Act, 1952 are under consideration of the Government.
(b) A proposal for providing a minimum pension of Rs. 1000/- to member pensioners under Employees’ Pension Scheme, 1995 is also under consideration of the Government.
Source: rajyasabha.nic.in
GOVERNMENT OF INDIA
MINISTRY OF LABOUR AND EMPLOYMENT
RAJYA SABHA
UNSTARRED QUESTION NO-748
ANSWERED ON-11.12.2013
Enhancement of salary limit of Employees Provident Fund
748 . SHRI RAMACHANDRA KHUNTIA
(a)whether Government is considering to enhance the salary limit of employees of provident fund to Rs. 15000/- and reduce the number of workers from 20 to 5 in view of the mechanization and down sizing of the workers; and
(b)whether Government is also considering to raise the provident fund related pension to Rs. 2000/- per month as minimum pension?
ANSWER
MINISTER OF STATE FOR LABOUR AND EMPLOYMENT (SHRI KODIKUNNIL SURESH)
(a) Proposals for enhancing the wage ceiling from Rs. 6500/- to Rs. 15000/- and reducing the threshold limit from 20 to 10 under the Employees Provident Funds & Miscellaneous Provisions Act, 1952 are under consideration of the Government.
(b) A proposal for providing a minimum pension of Rs. 1000/- to member pensioners under Employees’ Pension Scheme, 1995 is also under consideration of the Government.
Source: rajyasabha.nic.in
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