Minimum Monthly Pension Scheme suspended by EPFO on April 2015

Q.  Name the scheme that has been suspended by Employees Provident Fund Organisation (EPFO) from April 2015?
- Published on 31 Jul 15

a. Peasant Pension Scheme
b. Compensation Scheme
c. Minimum Monthly Pension Scheme
d. All of these

ANSWER: Minimum Monthly Pension Scheme
 
The scheme was launched with effect from September 2014, hiking the pension amount to a flat Rs 1,000 per month for those who were getting lower amount earlier. This decision will hit about 32 lakh Pensioners.

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