The Employee Pension Scheme (EPS) plays a crucial role in ensuring employees' financial stability in their retirement years by providing them with lifelong pension benefits and social security.

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 ...

EPFO pension calculator: To avail of the benefit of this pension facility under EPS, it is necessary to contribute to EPS for a minimum of 10 years i.e. the employee must have been employed for 10 ...

Under EPF, both the employer and the employee contribute to a pool of funds. The contribution from both stands at a maximum of 12 per cent of the basic salary and dearness allowance (DA) of an ...

If you are a salaried person and contribute to EPFO every month, then you must know about its Employee Pension Scheme. In common language, it is called EPS. EPS is the scheme through which you get a ...

Despite the current EPFO wage limit of Rs 15,000, members of the Employees’ Provident Fund Organisation (EPFO) can still retire with a monthly pension of nearly Rs 10,000 under the Employees’ Pension ...

In a significant move to modernise its operations, the Employees' Provident Fund Organisation (EPFO) has enacted several major changes to its processes as of 2025. These alterations are aimed at ...

In addition to the pension, EPFO also offers life insurance and tax-saving benefits, making it a comprehensive support system for employees in the organised sector. (Image: Financial Express) EPF ...

If you are an EPF member, your employer also puts a share into the Employees’ Pension Scheme (EPS 1995). You generally need at least 10 years of pensionable service to get a monthly pension. Full ...

Irked over the Employees Provident Fund Organisation’s (EPFO) decision to calculate the higher PF pension according to pro rata basis, officers of several Public Sector Undertakings (PSUs) have ...

A majority portion of an employer's PF contribution is allocated to the employee pension scheme, or EPS. (AI-generated image) Mr. A worked with employer 1 for a couple of years before joining employer ...