The EPS pension amount is calculated using a specific formula: Pension = (Average Salary × Pensionable Service) ÷ 70. The ...

The Employee Pension Scheme (EPS) is designed to provide a guaranteed pension to employees after they retire. Both the ...

The Employee Pension Scheme (EPS) provides a monthly pension to employees after age 58, based on their salary and years of service. For a basic salary of Rs 68,000, the monthly pension would vary ...

EPFO has specified that physical transfers of funds will be carried out wherever necessary to maintain correct accounting.

The Employees’ Pension Scheme (EPS), part of the Employees’ Provident Fund (EPF), provides salaried employees with a monthly pension after retirement, based on contributions made during their service.

For most salaried employees, the Employees’ Provident Fund is familiar territory, but the Employees’ Pension Scheme that sits inside it is not. Every month, a part of your employer’s EPF contribution ...

Employers are making mistakes with Employees Pension Scheme contributions. Some members are wrongly included, while eligible ...

EPFO issues new guidelines for correcting erroneous Employees’ Pension Scheme contributions, ensuring accurate pension ...