CBT EPFO Meeting on October 13: EPFO 3.0 on Agenda; Will Minimum Pension Revision Under EPS-95 Be Discussed?

The Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) is scheduled to convene on October 13, marking its first meeting in over nine months. The high-level meeting will take up several key issues, including the much-anticipated technology upgrade under the EPFO 3.0 initiative.

CBT EPFO Meeting Tomorrow on 13 October 2025

The October meeting was originally scheduled to be a two-day event in Bengaluru on October 11 and 12 but has since been rescheduled and condensed into a single day.

This meeting of the CBT, which serves as EPFO's apex decision-making body, comes after a significant gap. The last meeting was held in February 2025, during which the board had approved the interest rate on provident fund (PF) deposits for the year.

CBT EPFO Meeting October 2025: EPFO 3.O Reform and Other Expected Key Agenda

One of the primary items on the agenda is an update on the EPFO's ongoing technology and customer interface overhaul, part of the broader EPFO 3.0 reform plan. The aim of this upgrade is to simplify and modernise the fund's digital services, making processes such as withdrawals, transfers, and claims faster and more user-friendly for millions of EPFO subscribers.

Major IT companies such as Infosys, Wipro, and TCS were shortlisted for the project, which has faced delays due to extended technical testing phases. Although initially expected to be completed earlier this year, the revamp is now likely to conclude in the coming months.

Will EPFO Minimum Pension Revision Under the EPS-95 Scheme Be Discussed in the Board Meeting?

While the official agenda circulated for the meeting does not include a discussion on the minimum pension revision, sources cited by Business Today suggest the matter could still be brought up informally during the discussions.

The current minimum pension of Rs 1,000 per month under the Employees' Pension Scheme, 1995 has long been criticised by pensioners and trade unions as being inadequate. Several stakeholders have consistently demanded a revision, arguing that the existing amount is insufficient to meet basic living expenses.

However, it remains uncertain whether the labour ministry will officially address this demand during the upcoming meeting.

Implementation of Employment-Linked Incentive Scheme

In addition, the meeting will review the implementation of the employment-linked incentive scheme as per BT report, officially known as the PM Viksit Bharat Rozgar Yojana. This scheme, approved by the Union Cabinet in July 2025 and effective from August 1, aims to generate over 3.5 crore jobs across the country over a two-year period ending July 2027.

Of these, around 1.92 crore jobs are expected to go to first-time workers entering the formal employment sector. The CBT is likely to receive a progress update and outline of the labour ministry's rollout strategy.

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