The EPS pension amount is calculated using a specific formula: Pension = (Average Salary × Pensionable Service) ÷ 70. The ...
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 ...
Read this explainer on how EPF and EPS differ, how contributions are calculated and what benefits employees can expect.
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.
In a matter related to the increasing the minimum salary for enrolment under EPF, and plans to increase the minimum salary ceiling to Rs 30,000 for enrolment, provisions for gig workers in the service ...
Private employees are paid a pension after retirement under the EPFO's EPS scheme. Every month, a portion of your employer's ...
EPS-95 is India's largest pension scheme for private-sector and organised-sector workers, covering more than 80 lakh ...
Like a long-awaited monsoon that renews the landscape, a sweeping change may soon refresh India’s social security horizon.
As on November 24, 2025, nearly 99 per cent of applications received in EPFO have been disposed of, she also stated. As per her reply, a total of 4,27,308 demand letters have been issued, out of which ...
Parliament reviews persistent demands for a higher minimum pension under EPS-95 amid government clarification and concerns ...
For most salaried Indians, Provident Fund (PF) is that one pot of money that quietly grows in the background, meant to be there when life stops going according to plan or there is a crucial life event ...