With labour unions demanding a hike in the minimum EPS-95 pension from Rs 1,000, the debate has once again reached Parliament ...
EPFO has reinstated the option for employees to link their pension scheme contributions to their full basic salary. This move ...
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EPS-95 pension update: Will minimum pension rise to ₹9,000? What the latest calculations show
The demand to increase the minimum pension under the Employees’ Pension Scheme (EPS-95) from ₹1,000 to ₹9,000 per month has ...
As per the latest reports, the Employees Provident Fund Organisation (EPFO) has reportedly reinstated the old option for ...
On September 1, 2014, EPFO capped the pensionable salary at Rs 15,000 per month (basic plus DA). This effectively limited the maximum EPS pension to Rs 7,500 per month, regardless of how high an ...
The Employees' Provident Fund Organisation (EPFO) has clarified rules around the higher Employees' Pension Scheme (EPS) ...
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 ...
Under the EPS rules, a member who has completed at least 10 years of eligible service can opt for early pension between the ages of 50 and 58.
This change can help certain retirees receive a higher pension amount based on their actual salary, rather than a capped wage limit.
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