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EPF or EPS: How much pension will you get after retirement? Know the latest formula and rules
Retirement is a major milestone in every working person’s life. Along with emotional changes, financial security becomes the biggest concern. To ensure stability after retirement, the Employees’ ...
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How do PF and EPS determine your pension after retirement? Understand the complete calculation in simple terms.
Every month, a portion of your salary is deducted for PF (Provident Fund), but most salaried individuals don't know where this money goes and how much they will receive after retirement. Many people ...
If you are an EPF member, your employer also puts a share into the Employees’ Pension Scheme (EPS 1995). You generally need at least 10 years of pensionable service to get a monthly pension. Full ...
In a major update in rules, the Employees’ Provident Fund Organisation (EPFO) recently revamped fund withdrawal guidelines for members. This will impact both EPF (provident fund) and EPS (pension fund ...
Let's decode how EPS works, who qualifies, and how pensions are calculated, using simple examples for different salary levels Kindly note that this illustration generated using Google Gemini has only ...
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