The EPS pension amount is calculated using a specific formula: Pension = (Average Salary × Pensionable Service) ÷ 70. The average salary is calculated based on the basic pay plus DA of the last 60 ...
For most salaried employees, the Employees’ Provident Fund is familiar territory, but the Employees’ Pension Scheme that sits inside it is not. Every month, a part of your employer’s EPF contribution ...
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EPFO: Private sector employees retiring in 2030 will receive this much money every month; here's how to calculate it
EPFO: Employees working in the private sector often harbor a fear about financial security in old age. But if your Provident Fund (PF) is being deducted, you don't need to worry. The Employees' ...
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