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Union Labour Minister Mansukh Mandaviya told a gathering of the Central Board of Trustees (CBT) of the Employees Provident Fund Organisation (EPFO) successful New Delhi connected Monday (October 13, 2025) that the Cabinet was actively considering expanding the minimum PF pension.
Though the contented was not successful agenda, commercialized national members successful the CBT said during the discussions that the minimum PF pension should beryllium revised from the contiguous magnitude of ₹1,000 a month. “The Minister did not regularisation it retired and said the Cabinet is actively considering the proposal,” a CBT subordinate told The Hindu after the meeting.
The gathering besides discussed the contented of hold successful distributing higher pension arsenic per the Supreme Court order. Against the inheritance of assorted High Court orders, immoderate CBT members representing workers argued that the EPFO indispensable retreat the guidelines framed connected the substance and urged that caller guidelines should beryllium implemented successful tune with the apical tribunal order. “The effect was not positive,” different subordinate said.
The Labour Ministry, successful a release, said the gathering took a fig of path-breaking decisions, including simplification and liberalisation of the EPF partial withdrawal provisions. “To heighten easiness of surviving for EPF members, CBT decided to simplify the partial withdrawal provisions of the EPF strategy by merging 13 analyzable provisions into a single, streamlined regularisation categorised into 3 types, namely, Essential Needs (illness, education, marriage), Housing Needs, and Special Circumstances. Now, members volition beryllium capable to retreat up to 100% of the eligible equilibrium successful the Provident Fund, including worker and leader shares,” the Ministry said.
Withdrawal limits person besides been liberalised — acquisition withdrawals volition beryllium allowed up to 10 times and matrimony up to 5 times (from the existing bounds of a full of 3 partial withdrawals for matrimony and acquisition successful all). “The request of minimum work has been uniformly reduced to lone 12 months for each partial withdrawals,” it added.
The gathering besides decided to motorboat the ‘Vishwas Scheme’ to trim litigation done rationalised penal damages. “One of the large reasons for litigations has been the imposition of damages for belated remittances of PF dues. As of May 2025, outstanding penal damages basal astatine ₹2,406 crore, with implicit 6,000 cases pending crossed forums including High Courts, CGITs, and Supreme Court. Further, astir 21,000 imaginable litigation cases are pending nether EPFO’s e-proceedings portal,” the Ministry said.
The CBT approved signing an MoU with the India Post Payments Bank (IPPB) to supply doorstep Digital Life Certificate (DLC) services to EPS’95 pensioners astatine a outgo of ₹50 per certificate, afloat borne by the EPFO. As portion of the EPFO 3.0, the CBT approved a broad member-centric integer translation model to modernise provident money services. The gathering besides approved the enactment of 4 money managers — SBI Funds Management Limited, HDFC AMC Ltd., Aditya Birla Sun Life AMC Ltd., and UTI AMC Ltd. — for managing the indebtedness portfolio of the EPFO for a play of 5 years.
