Shri. K. K. Jalan, Central Provident Fund Commission has stated that the government has notified enhancement of wage ceiling to Rs.15000 per month, fixed minimum monthly pension at Rs.1000 under EPS-95 and enhanced the maximum sum assured under the Employees’ Deposit Linked Insurance Scheme to Rs.3 lakh. Mr. Jalan said the notification regarding minimum pension, wage ceiling and EDLI Would be effected from September 1.

The decision to this effect was taken about an year ago by the UPA government but no orders were issued. The EPF pensioners waged several agitations including Massive Dharna at Jantar Mantar, New Delhi on 24-02-2014 to get the decisions implemented.      (source: The Hindu )