EPS is a retirement plan for employees in the organised sector ... How much pension you will get on Rs 15,000 basic salary on retirement; check with this formula ...

The formula for calculating the EPS pension is: The monthly pension ... Do your due diligence or consult an expert for financial planning) ...

The Employee Pension Scheme (EPS) is a government-backed retirement ... The average salary used in the formula is the average of your basic salary plus your DA for the last 12 months.