The ceiling of calculating Bonus for factory workers and establishment with 20 or more workers under section 12 of the Payment of Bonus Act has been increased from Rs.3500/- per month to Rs.7000/- per month or the minimum wage for the scheduled employment, as fixed by the appropriate Government, whichever is higher with effect from 1st day of April 2014 through the Payment of Bonus (Amendment) Act, 2015, notified on 1st January, 2016.
The pension under the Employees Pension Scheme, 1995 has been fixed at minimum of Rs.1,000/-per month vide Government of India notification No.GSR 593 (E) dated 19.8.2014. The number of pensioners benefited during the year 2014-15 was 17,65,307 after issue of notification for minimum pension of Rs. 1000/- per month on 19.08.2014. A statement showing the State-wise details of pensioners benefited from this move is at enlisted
Minimum Pension of Rs.1000/- per month
|Sl. No.||State||No. of Pensioners Benefited with Notification No. GSR 593(E) Dated 19.08.2014|
This information given by Shri Bandaru Dattatreya, the Minister of State (IC) for Labour and Employment, in reply to a question in Lok Sabha today.
Ministry of Labour & Employment 09-May, 2016