The Employee Pension Scheme (EPS) provides a monthly pension to employees after age 58, based on their salary and years of service. For a basic salary of Rs 68,000, the monthly pension would vary ...

The Employee Pension Scheme (EPS) is designed to provide a guaranteed pension to employees after they retire. Both the employer and employee put 12 per cent of the basic salary into a special fund ...

The government has clarified in Parliament that there is no proposal to calculate EPS pension on actual basic salary beyond the Rs 15,000 wage ceiling, even as demands for higher pensions and a ...

For years, employee groups and pensioners have demanded a higher pension and a change in the salary cap, saying retirement income should reflect real earnings.

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