Employee Pension Scheme provides fixed income after retirement at the age of 58 years or after early retirement at 50 years.
Below, we explain the formula used to calculate the pension amount you can expect after retirement. Understanding the EPS Pension Calculation Formula The pension amount under EPS is determined ...
The EPFO uses the same methodology to calculate pensions for people ... and pension orders so far," he added. A meagre pension amount in the EPS drove people to exercise the option of a higher ...
Getting your higher EPS pension application approved can be a big relief for your retirement plans, but what if the process gets stuck? It’s not uncommon for applications to face delays or issues.
There has been a long-standing demand to increase the minimum pension under the Employees’ Provident Fund Organisation (EPFO) for private sector employees. In September 2014, the Centre had last ...
An Employee Pension Scheme (EPS) is administered by the Employees' Provident Fund Organisation (EPFO) in India. In this retirement plan, both the employer and employee contribute a portion of their ...