🔆 PIB DECODED | EPFO Wage Ceiling Raised to ₹25,000
📍 Why in News?
✅ Cabinet approved raising EPFO wage ceiling from ₹15,000 to ₹25,000/month
✅ Over 51 lakh additional workers expected to be covered
📌 Key Highlights
🔹 Old ceiling: ₹15,000 (since 2014)
🔹 New ceiling: ₹25,000
🔹 Implemented by Ministry of Labour & EPFO
🛡 Benefits
✅ Wider EPF retirement savings coverage
✅ More workers under EPS pension scheme
✅ Greater EDLI insurance coverage
✅ Promotes formal employment & social security
💸 Financial Impact
🔹 Annual expenditure: ₹11,339 crore
🔹 5-year expenditure: ₹56,696 crore
📊 EPFO Facts
🔹 Manages EPF, EPS & EDLI
🔹 7.98 crore contributing members
🔹 7.68 lakh establishments
🔹 EPS supports ~82 lakh pensioners
🎯 Prelims Pointer
Remember: EPF + EPS + EDLI
#PIBDecoded #EPFO #SocialSecurity #Employment #UPSC #GS2 #GS3
September 21, 2026 180 1
