The Employee Pension Scheme (EPS) is a government-backed retirement plan that helps workers in India save for their future. Launched in 1995, it ensures that employees who work in organized sectors ...

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 ...

As per the latest reports, the Employees Provident Fund Organisation (EPFO) has reportedly reinstated the old option for ...

With EPS 2026 set to take effect on April 1, 2026, the removal of the higher pension option and the formalisation of pro rata calculation have raised fresh concerns among EPF members over possible ...

Under EPS, 8.33 per cent of the employer’s EPF contribution is diverted towards pension. When the wage ceiling was enforced, pensionable salary calculations were capped, significantly lowering ...