How Employee Pension Scheme work? Employee and employer both contribute 12 per cent of your basic salary to a fund. Some of this money goes into your EPS account. When it comes to saving for ...
EPS reveals a company's profit per share, calculated by net income minus preferred dividends divided by shares. Companies can manipulate EPS through share count changes, affecting investment ...
The Employee Pension Scheme (EPS) is a government-backed retirement plan that helps workers in India save for their future. Launched in 1995, it ensures that employees who work in organized sectors ...
EPFO: How you can receive a monthly EPS pension of Rs 9,642 despite the Rs 15,000 EPF wage ceiling (Image source - Freepik) The Employees’ Provident Fund Organisation (EPFO) primarily manages two ...
Let's calculate the monthly pension from the Employee Pension Scheme (EPS) by an employee drawing a salary of Rs 79,000 with different years of service, 17 years, 28 years, and 33 years, to find out ...