Contributing to the (present) wage ceiling of Rs 15,000. Even if someone's basic salary and dearness allowance is Rs 70,000, their EPS pension will be calculated at the wage ceiling, which is Rs ...

The Employee Pension Scheme (EPS) is a retirement plan that helps employees get a monthly pension after they turn 58. Both you and your employer put 12 per cent of your basic salary into a special ...

The Employee Pension Scheme (EPS) gives you a fixed income after retirement. You can start receiving a pension at 58 or opt for early pension at 50. If you leave your job 10 years before turning 58, ...

While EPF helps build a sizeable corpus that can be withdrawn at retirement, EPS ensures a fixed monthly pension after the ...