Securing Hannav Ledger...
Securing Hannav Ledger...
Glossary
The Employee Pension Scheme is a component of EPF contributions (8.33% of employer share, capped) that funds a monthly pension for employees after retirement.
Part of your PF contribution that builds toward a monthly pension after you retire.
Pension amount is calculated using a formula based on pensionable salary and pensionable service; requires a minimum of 10 years of service to qualify for a monthly pension at 58.
An employee with 20 years of pensionable service receives a monthly EPS pension calculated per the EPFO formula after age 58.
Part of your PF contribution that builds toward a monthly pension after you retire.
Employee Pension Scheme (EPS) helps you evaluate products, compare options, and make informed decisions aligned with goals, tax rules, and risk tolerance in the Indian financial system.