To get a pension from EPS (Employee Pension Scheme), an employee must be a member of the EPFO (Employees' Provident Fund ...
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 ...
Key features of EPS The minimum service period for getting a pension is 10 years. That is, if you are an EPF member and you have worked for 10 years, then you are entitled to get a pension under ...
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 ...