The Supreme Court has posted for hearing on January 25 a petition filed by retirees and members of the Employees Pension Scheme (EPS), 1995 against the government and the Employees Provident Fund Organisation (EPFO), which administers the scheme.
The petitioners claim that a 2014 amendment and a 2017 circular exclude thousands from receiving their rightful benefits under EPS 95.
The petitions represent the members of the National Confederation of Retirees, that is about 42,555 former employees from the private and public sector who are members of EPS 95, and the National Confederation of Officers Association, which represents 19,118 people working in Central public sector organisations. Most of the latter group are members of EPS 95.
“It is a settled law that pension is not a bounty payment to which an employee is entitled to as a matter…