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.
For millions of salaried employees in India’s organised sector, retirement planning often centres around the Employees’ Pension Scheme (EPS). Introduced in 1995, EPS is linked to the Employees’ ...
EPS Pension Calculations: The Employer Provident Fund (EPF) account of a private sector employee comprises their EPF account and the Employees' Pension Scheme (EPS) account. While they get EPF in the ...