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Beedi workers may get relief on pension math
Business Standard
|May 14, 2025
Labour min to examine classifying beedi industry as 'seasonal' establishments
In a move that could benefit over 4 million beedi workers in nearly 8,000 establishments covered under the Employees' Provident Fund Organisation (EPFO), the Union labour ministry is going to examine classifying the beedi industry as "seasonal" establishments.
The move will relax the "non-contributory period" (NCP) norms under the Employees' Pension Scheme, 1995 (EPS-95) for beedi workers, making it easier for them to qualify for pension benefits.
A non-contributory period (NCP) refers to a period when an employee is absent from work and does not receive wages. During such periods, no contribution is made to the employee's provident fund (PF) or pension account.
This provision was introduced by EPFO under EPS-95 in 2015, making it mandatory for a subscriber to contribute for 240 days per year for at least 10 years to become eligible for pension.
This story is from the May 14, 2025 edition of Business Standard.
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