Background
78 lakh pensioners under the Employee Pension Scheme (EPS) are planning to protest, seeking a significant increase in their pension. These pensioners have been vocal about their demands for the past eight years but feel their concerns have not been adequately addressed.
Primary Demand: Pension Increase
The main demand of the pensioners is an increase in their monthly pension amount. Currently, many pensioners receive a meager sum that is insufficient to meet their basic needs. They are urging the government to revise the pension rates to reflect the rising cost of living and ensure a dignified retirement.
Demand for Minimum Pension
Pensioners are also demanding the implementation of a minimum pension amount. They propose a minimum monthly pension of Rs 7,500, which they believe is necessary to cover essential expenses. This demand aims to provide a safety net for all pensioners, ensuring that none receive an inadequate amount.
Regular Adjustments for Inflation
Another key demand is for regular adjustments to the pension amount to account for inflation. Pensioners argue that without these adjustments, the real value of their pensions diminishes over time, making it harder for them to maintain their standard of living.
Better Healthcare Benefits
Healthcare is a major concern for retired individuals. Pensioners are calling for improved healthcare benefits, including access to affordable and quality medical services. They seek comprehensive health insurance coverage to alleviate the financial burden of medical expenses.
Inclusion of Dearness Allowance
Pensioners are demanding the inclusion of Dearness Allowance (DA) in their pension calculations. DA is a cost-of-living adjustment allowance paid to employees and pensioners, and its inclusion in the pension would provide additional financial support.
Transparency in Fund Management
The management and utilization of the pension fund are also under scrutiny. Pensioners are demanding greater transparency in how the funds are managed and allocated. They want assurances that the funds are being used efficiently and for the benefit of all members.
Legal Amendments
Pensioners are pushing for legal amendments to the EPS. They believe that changes in the legal framework are necessary to address their longstanding issues and ensure fair treatment of all pensioners.
Conclusion
For the past eight years, EPS pensioners have consistently raised these demands, hoping for meaningful changes. The planned protest is a testament to their determination and the urgency of their needs. The government’s response to these demands will be crucial in determining the future well-being of millions of retired individuals in the country.
