Retirement fund body EPFO may soon allow its subscribers to contribute voluntarily towards its pension scheme in addition to their employers' mandatory contributions. "We are considering a proposal to allow employees to contribute owards 'EPS 95' for getting enhanced benefits after retirement. But that contribution would be paid by the employees," EPFO's Central Provident Fund Commissioner VP Joy told PTI. At present, an employer contributes 8.33 per cent of basic wages of Rs 15,000 per month towards to the Employees' Pension Scheme 1995 (EPS-95). The threshold for monthly basic wages for deduction of EPS contribution is Rs 15,000. Therefore, the maximum contribution in a pension account can be Rs 1,424 every month which includes government subsidy of 1.16 per cent of basic wages even if an employee is drawing more than the threshold. Once the proposal is approved by the EPFO's Central Board of Trustees, the employees would have an option to