The EPS pension amount is calculated using a specific formula: Pension = (Average Salary × Pensionable Service) ÷ 70. The ...

Retirement planning should be started as early as possible. There are various way to plan your finances for retirement. Some of them include EPF (employees provident fund), PPF (public provident fund) ...

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 ...

EPS 95 pension: Employees' Pension Scheme subscribers seek higher pension limits. Minister Shobha Karandlaje stated in Lok Sabha that an actuarial deficit exists in the EPS fund as of March 31, 2019.

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.

Hopes of a substantial increase in the Employees’ Pension Scheme (EPS-95) payout have dimmed once again, with the Centre confirming that it is not considering raising the minimum monthly pension from ...

Minister of State for Labour & Employment Shobha Karandlaje stated in a written reply to Lok Sabha that the EPFO has taken action to implement the directions issued in the Supreme Court Judgement on ...

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 ...

Retirement fund body EPFO has disposed of nearly 99 per cent of the applications seeking higher contributions for getting higher pension under the Employees' Pension Scheme (EPS) 1995, Parliament was ...

The Employee Pension Scheme (EPS) is designed to provide a guaranteed pension to employees after they retire. Both the ...