If you are employed and contribute to EPFO every month, then you must be aware of its Employee Pension Scheme. If you have ...

EPFO Pension: If you are employed and contribute ... can get if you work for 35 years and contribute to EPS and by which formula this pension is calculated. Understand how pension is calculated?

To get a pension from EPS (Employee Pension Scheme), an employee must be a member of the EPFO (Employees' Provident Fund ...

A provident fund is a government-backed retirement fund. A pension plan is a retirement plan run by employers and governments. Pension funds operate much like annuities. Provident funds operate ...

Dawra said EPFO currently has around 7.5 crore active members who maintain their PF accounts and contribute towards their pension. “We have undertaken significant work in this regard.

Under the EPS scheme, pension is calculated with the following formula: (average basic salary of last 60 months multiplied by the years in service) divided by 70. Furthermore, media reports suggest ...

headed by BJP MP Basavaraj Bommai has recommended that the Centre increase the minimum pension of Rs 1,000 paid by the Employees Provident Fund Organisation (EPFO) under its Employees Pension ...

KUALA LUMPUR-Malaysia wants its 2.5 million foreign workers to contribute 2 per cent of their monthly salaries to the country’s pension scheme, known as the Employees Provident Fund (EPF).

If an individual has more than 10 years of service, they qualify for both EPF and Employees’ Pension Scheme (EPS) benefits. If the service period is less than 10 years, the full EPF amount can be ...

EPFO pensioners in Nashik demonstrated outside the local office in Satpur, demanding an increase in their meager Rs1,000 pension to Rs9,000. They also called for additional support, such as ...

Dawra also announced major pension reforms, stating that EPFO’s 78 lakh pensioners will now receive benefits through a centralized pension system, allowing them to access their pensions from any ...