{"id":166,"date":"2025-08-25T06:14:54","date_gmt":"2025-08-25T06:14:54","guid":{"rendered":"https:\/\/shivanshuconsults.in\/?p=166"},"modified":"2025-08-25T06:14:54","modified_gmt":"2025-08-25T06:14:54","slug":"complete-guide-to-eps-employee-pension-scheme-in-india","status":"publish","type":"post","link":"https:\/\/shivanshuconsults.in\/index.php\/2025\/08\/25\/complete-guide-to-eps-employee-pension-scheme-in-india\/","title":{"rendered":"Complete Guide to EPS (Employee Pension Scheme) in\u00a0India"},"content":{"rendered":"\n<p>Employee Pension Fund Simplified<br><a href=\"https:\/\/medium.com\/@pandeshivanshu18\/complete-guide-to-eps-employee-pension-scheme-in-india-0abef8f1870d\" data-type=\"link\" data-id=\"https:\/\/medium.com\/@pandeshivanshu18\/complete-guide-to-eps-employee-pension-scheme-in-india-0abef8f1870d\">Link to Medium Page<\/a><\/p>\n\n\n\n<p><em>The Employees\u2019 Pension Scheme (EPS), managed by the Employees\u2019 Provident Fund Organisation (EPFO), is a key component of India\u2019s social security system for salaried individuals, ensuring pension benefits after retirement. However, many employees, particularly in private and multinational companies, often misunderstand how contributions are structured, the portion allocated to EPS, and the government\u2019s role in supporting it. To put it simply, a small part of your total EPF contribution is diverted into the EPS fund, which is designed to provide you with a pension at the age of 58\u200a\u2014\u200aor as early as 50 if you choose to opt for it. This blog aims to clarify these aspects with precision and official references.<\/em><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><em>How EPS Contribution Works<\/em><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Out of your <strong>12% employee PF contribution<\/strong>, the entire amount goes to your EPF account.<\/li>\n\n\n\n<li>Your employer also contributes <strong>12% of your basic salary + DA<\/strong>:<\/li>\n\n\n\n<li><strong>8.33%<\/strong> goes to EPS (subject to a salary cap of \u20b915,000). This means <strong>\u20b91,250 per month is the maximum contribution to EPS<\/strong>.<\/li>\n\n\n\n<li>The remaining <strong>3.67%<\/strong> goes into your EPF account.<\/li>\n<\/ul>\n\n\n\n<p>Example: If your basic salary is \u20b950,000 per month:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Employee contribution (12%): \u20b96,000 \u2192 goes fully into EPF.<\/li>\n\n\n\n<li>Employer contribution (12%): \u20b96,000 \u2192 of which \u20b91,250 goes to EPS, balance \u20b94,750 goes into EPF.<\/li>\n<\/ul>\n\n\n\n<p>So, no matter how high your salary is, your EPS contribution is capped at \u20b91,250 per month (before higher pension facility, explained below).<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>ROI Calculations<\/strong><\/h3>\n\n\n\n<p>Let us now come to the juicy part where we calculate the ROI on our EPS calculations. Let\u2019s assume you started a job post B. TECH\/B. E and also assume you don\u2019t want to work your whole life and assuming you retire at 45.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Step 1: Total EPS contribution<\/h4>\n\n\n\n<p>\u20b91,250 \u00d7 12 \u00d7 23 years = <strong>\u20b93.45 lakh (approx.)<\/strong><\/p>\n\n\n\n<p>(but remember, this doesn\u2019t come back to you directly, it goes into EPS pool \u2192 pension only).<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Step 2: Pension&nbsp;Formula<\/h4>\n\n\n\n<p>EPS monthly pension = <strong>(Pensionable Salary \u00d7 Pensionable Service) \/ 70<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Pensionable Salary = capped at \u20b915,000<\/li>\n\n\n\n<li>Service = 23 years<\/li>\n<\/ul>\n\n\n\n<p><strong>20-Year Bonus Rule in EPS<\/strong><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>There\u2019s a small but powerful reward hidden inside the EPS rules. If you complete <strong>20 years of service or more<\/strong>, the system gifts you an extra <strong>two bonus years<\/strong> when your pension is calculated.<\/p>\n<\/blockquote>\n\n\n\n<p>Think of it like this: suppose you\u2019ve actually worked for <strong>23 years<\/strong>. When the pension formula is applied, your service won\u2019t be counted as 23\u200a\u2014\u200ait\u2019ll be treated as <strong>25 years<\/strong> (23 actual + 2 bonus).<\/p>\n\n\n\n<p>The best part? This bonus doesn\u2019t depend on sticking with a single employer. As long as you transfer your PF account properly each time you change jobs (through your UAN), all those years get clubbed together, and the two-year bonus gets added once you cross the 20-year milestone.<\/p>\n\n\n\n<p>So,<br>&nbsp;<strong>(15,000 \u00d7 25) \/ 70 = \u20b95,317.14 per month<\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Step 3: Pension at Different Ages<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>If you take pension at <strong>50<\/strong> \u2192 reduced by 4% per year before 58 \u2192 8 years early \u2192 32% cut.<br>\u00a0\u20b94,928 \u00d7 (1\u20130.32) = <strong>\u20b93,615.5 per month<\/strong>.<\/li>\n\n\n\n<li>If you take at <strong>58<\/strong> \u2192 full pension \u2192 <strong>\u20b95,317.14 per month<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Step 4: Factor-in Inflation<\/h4>\n\n\n\n<p>Assuming inflation of 6.5% each year, the real story changes once we adjust for inflation. Assuming a long-term average inflation rate of <strong>6.5%<\/strong>, the future payouts shrink drastically in today\u2019s value.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>At Age 50<\/strong><\/li>\n\n\n\n<li><strong>Nominal Pension<\/strong>:<strong>\u20b93,615.5 per month<\/strong>.<\/li>\n\n\n\n<li><strong>Inflation-Adjusted Value<\/strong>: <strong>\u20b9620 per month<\/strong><\/li>\n\n\n\n<li><strong>At Age 58<\/strong><\/li>\n\n\n\n<li><strong>Nominal Pension<\/strong>: <strong>\u20b94,928 per month<\/strong>.<\/li>\n\n\n\n<li><strong>Inflation-Adjusted Value<\/strong>: <strong>\u20b9551 per month<\/strong><\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>By the time you actually start receiving your EPS pension, it can be worth <strong>half of what it looks like today.<\/strong><\/p>\n<\/blockquote>\n\n\n\n<h4 class=\"wp-block-heading\">Is this&nbsp;unfair?<\/h4>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>No as the amount contributed each year for EPS fund is also capped and fixed. Even though your salary increases each year so your contribution decreases wrt to inflation<\/p>\n<\/blockquote>\n\n\n\n<h4 class=\"wp-block-heading\">How can I apply for Early Pension under EPS and who is eligible?<\/h4>\n\n\n\n<p>An employee becomes eligible for an <strong>early pension<\/strong> under the Employees\u2019 Pension Scheme (EPS) if they have worked for at least <strong>10 years<\/strong> and are between <strong>50 to 58 years of age<\/strong>. Normally, the full pension starts at 58 years, but if someone chooses to take it earlier (anytime after turning 50), it will be paid at a <strong>reduced rate<\/strong>. For each year the pension is taken before 58, the monthly amount goes down by about <strong>4% per year<\/strong>.<\/p>\n\n\n\n<p><strong>Procedure to claim early EPS pension:<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Make sure you meet the minimum <strong>10 years of service<\/strong> requirement.<\/li>\n\n\n\n<li>Fill out <strong>Form 10D<\/strong> through your employer or the EPFO member portal.<\/li>\n\n\n\n<li>Submit your Aadhaar, bank details, and service records.<\/li>\n\n\n\n<li>The application will be verified by your employer and then processed by EPFO.<\/li>\n\n\n\n<li>Once approved, the <strong>reduced monthly pension<\/strong> will start getting credited directly to your bank account.<\/li>\n<\/ol>\n\n\n\n<p>Example: If you retire at 55 with 20 years of service, you can apply for early pension, but the pension will be <strong>20% less<\/strong> (4% \u00d7 3 years early) compared to what you would have received at 58.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">The Story Behind EPS Wage&nbsp;Ceiling<\/h4>\n\n\n\n<p>When the Employees\u2019 Pension Scheme (EPS) was launched back in <strong>1995<\/strong>, the contribution limit was linked to a fairly modest salary cap of <strong>\u20b95,000 per month<\/strong>. In simple terms, this meant that even if you earned more, pension contributions would only be calculated on that \u20b95,000 base.<\/p>\n\n\n\n<p>By <strong>2001<\/strong>, the cap was nudged up slightly to <strong>\u20b96,500<\/strong>\u200a\u2014\u200aa small but important step, given how salaries were growing. But the real game-changer came much later. In <strong>September 2014<\/strong>, the government finally revised the ceiling to <strong>\u20b915,000 per month<\/strong>, bringing it more in line with modern pay structures.<\/p>\n\n\n\n<p>This revision didn\u2019t just change numbers on paper\u200a\u2014\u200ait had a real impact on how much employees could build as a pension base. For many, it meant their retirement benefits would finally start reflecting a larger portion of their actual salary.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Frequently Asked Questions (FAQs)<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\">1. What is&nbsp;EPS?<\/h4>\n\n\n\n<p>EPS (Employees\u2019 Pension Scheme) is part of EPF where 8.33% of your employer\u2019s contribution (capped at \u20b91,250 per month for most) goes into a pension fund, which later provides you with a lifelong monthly pension after retirement.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading\">2. How is the pension calculated?<\/h4>\n\n\n\n<p>The standard formula is:<\/p>\n\n\n\n<p><strong>Pension = (Pensionable Salary \u00d7 Pensionable Service) \u00f7 70<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Pensionable Salary<\/strong> = Average of last 60 months\u2019 basic salary (capped at \u20b915,000 unless opted for higher pension).<\/li>\n\n\n\n<li><strong>Pensionable Service<\/strong> = Total service years (max 35).<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading\">3. What happens if I exit before 10 years of&nbsp;service?<\/h4>\n\n\n\n<p>You can withdraw the EPS contribution as a lump sum based on Table D withdrawal values. If you have 10+ years, you\u2019re eligible only for pension (deferred till 50 or 58).<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading\">4. Can I start pension early at&nbsp;50?<\/h4>\n\n\n\n<p>Yes, but there\u2019s a <strong>reduction of 4% per year<\/strong> before 58.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading\">5. Is EPS pension inflation-adjusted?<\/h4>\n\n\n\n<p>No. Pension remains <strong>flat for life<\/strong>.<br>&nbsp;Using a 6.5% annual inflation assumption, the real value of a pension of \u20b93,000 at age 58 reduces to about <strong>\u20b9510 in today\u2019s money<\/strong>. This is why EPS alone cannot sustain retirement.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading\">6. What is \u201cHigher Pension\u201d under&nbsp;EPS?<\/h4>\n\n\n\n<p>Higher Pension is an option provided by EPFO (as per Supreme Court verdicts) where employees can contribute <strong>8.33% of their full basic salary (not capped at \u20b915,000)<\/strong> towards EPS. This increases the pension substantially.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading\">7. Who is eligible for Higher&nbsp;Pension?<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Those who were EPF members before <strong>September 1, 2014<\/strong>.<\/li>\n\n\n\n<li>Who had contributed on full salary but didn\u2019t file a joint declaration then.<\/li>\n\n\n\n<li>Who applied for Higher Pension before <strong>July 11, 2023<\/strong> (deadline after SC ruling).<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading\">8. Is Higher Pension still available in&nbsp;2025?<\/h4>\n\n\n\n<p><strong>No. As of 2025, EPFO has stopped accepting fresh applications for Higher Pension.<\/strong><br>&nbsp;Those who already applied and had their requests approved can benefit. Others cannot newly opt in.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading\">9. What are the pros and cons of Higher&nbsp;Pension?<\/h4>\n\n\n\n<p><strong>Pros:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Much higher lifelong pension (often 4\u20135\u00d7 normal).<\/li>\n\n\n\n<li>Indexed to your actual basic salary, not capped.<\/li>\n<\/ul>\n\n\n\n<p><strong>Cons:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Requires a large <strong>past contribution adjustment<\/strong> (retrospective transfer from your EPF balance to EPS).<\/li>\n\n\n\n<li>No commutation or lump-sum withdrawal\u200a\u2014\u200ait\u2019s a fixed pension.<\/li>\n\n\n\n<li>Not inflation-adjusted \u2192 purchasing power still erodes.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading\">10. Should I rely only on EPS&nbsp;pension?<\/h4>\n\n\n\n<p>No. Even with Higher Pension, the lack of inflation protection means real retirement security requires <strong>NPS, PPF, mutual funds, or other investments<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading\">11. Can you start EPS pension at 50 while still&nbsp;working?<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>No.<\/strong> You <strong>cannot draw pension while you are still in service<\/strong> (still employed in a job where EPF\/EPS contributions are being made).<\/li>\n\n\n\n<li>EPS pension is only payable <strong>after you exit employment<\/strong> (i.e., when you are no longer an active member of EPF\/EPS).<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Changing Jobs? Here\u2019s What Happens to Your PF &amp;&nbsp;Pension<\/h3>\n\n\n\n<p>When you join a new company, just share your <strong>UAN (Universal Account Number)<\/strong> with HR. Your new employer will open a fresh PF account (member ID) under the same UAN.<\/p>\n\n\n\n<p>But here\u2019s the catch <strong>just giving your UAN is not enough.<\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Why?<\/h4>\n\n\n\n<p>Because your <strong>old PF balance<\/strong> and <strong>EPS service years<\/strong> don\u2019t automatically move to the new account.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">What you need to&nbsp;do<\/h4>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Log in to the <strong>EPFO Member Portal<\/strong>.<\/li>\n\n\n\n<li>Go to <em>Online Services \u2192 One Member, One EPF Account (Transfer Request).<\/em><\/li>\n\n\n\n<li>Select your old and new employer details.<\/li>\n\n\n\n<li>Submit the request (your employer digitally approves it).<\/li>\n<\/ol>\n\n\n\n<h4 class=\"wp-block-heading\">What happens&nbsp;after<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>PF Money<\/strong> \u2192 Old PF balance moves to your new PF account.<\/li>\n\n\n\n<li><strong>EPS Service Years<\/strong> \u2192 Your pension service record continues smoothly.<\/li>\n<\/ul>\n\n\n\n<p>If you skip the transfer, your PF balance stays locked in the old account and your EPS service years won\u2019t get added up\u200a\u2014\u200ameaning a weaker pension later.<\/p>\n\n\n\n<p><strong>Simple Rule:<\/strong><br>&nbsp;Always provide your UAN + don\u2019t forget to request a transfer. That way, both your <strong>money<\/strong> and <strong>pension service years<\/strong> move with you.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">If a person dies before 50 years (and pension has not started&nbsp;yet)<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>EPS Amount<\/strong>: The person is still considered an EPS member (if service >10 years or otherwise).<\/li>\n\n\n\n<li><strong>Benefits<\/strong>:<\/li>\n\n\n\n<li><strong>Family Pension<\/strong> goes to the spouse, children (up to 25 yrs), or dependent parents.<\/li>\n\n\n\n<li>If <strong>no wife, no kids, and no dependent parents<\/strong> \u2192 EPS pension is <strong>not paid to anyone<\/strong>. The pension portion (8.33% of employer contribution) <strong>does not come back as cash<\/strong>.<\/li>\n\n\n\n<li>However, <strong>EPF corpus + EDLI insurance<\/strong> (if eligible) is payable to legal heirs\/nominees.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h4 class=\"wp-block-heading\">2. If a person dies at 51 years, having started pension at&nbsp;50<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Pension becomes <strong>monthly annuity<\/strong>.<\/li>\n\n\n\n<li>Again, <strong>Family Pension rules apply<\/strong>:<\/li>\n\n\n\n<li>Widow gets 50% of member\u2019s pension for life.<\/li>\n\n\n\n<li>Children get 25% share till 25 years of age.<\/li>\n\n\n\n<li>Dependent parents if no wife\/children.<\/li>\n\n\n\n<li>If <strong>no dependents<\/strong> \u2192 pension <strong>stops with the member\u2019s death<\/strong>. EPS does not give residual value back.<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">3. Special Case: No wife, no kids, no&nbsp;parents<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Both before and after pension starts \u2192 pension dies with the member.<\/li>\n\n\n\n<li>Only <strong>EPF balance + EDLI (insurance)<\/strong> may go to legal heirs (siblings, relatives, nominees).<\/li>\n\n\n\n<li>EPS corpus is <strong>non-refundable<\/strong> (this is one of the most debated issues with EPS).<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">EDLI (Employees\u2019 Deposit Linked Insurance)\u200a\u2014\u200aA Quick&nbsp;Add-On<\/h3>\n\n\n\n<p>Alongside EPF and EPS, employees also get covered under EDLI, which is basically a life insurance scheme linked to your PF account. If a salaried employee passes away during service, the nominee receives a lump sum insurance amount. The payout is linked to the balance in the PF account, but it generally ranges up to around <strong>\u20b97 lakh<\/strong>.<\/p>\n\n\n\n<p><strong>30 \u00d7 your average monthly salary<\/strong>, plus a <strong>bonus of \u20b92.5 lakh<\/strong>, capped at around <strong>\u20b97 lakh<\/strong>.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>One important point\u200a\u2014\u200aif your company already provides its own group life insurance that\u2019s equal to or better than EDLI, then EDLI may not apply, since the employer is already giving you coverage.<\/strong><\/p>\n<\/blockquote>\n\n\n\n<p>When it comes to nominations, EDLI rules are very similar to EPF. By default, you can nominate family members (spouse, children, or dependent parents). Friends or same-sex partners usually <strong>cannot be made nominees<\/strong> unless they are legally recognized as part of your family (for example, a spouse after marriage).<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>In <strong>EPF, EPS, and EDLI<\/strong>\u200a\u2014\u200aall three\u200a\u2014\u200athe nomination rules are tied to <strong>\u201cfamily\u201d as defined under the EPF Act<\/strong>.<\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>Family for a male employee<\/strong> = wife, children (married or unmarried), and dependent parents.<br><strong>Family for a female employee<\/strong> = husband, children, and dependent parents-in-law.<\/p>\n<\/blockquote>\n\n\n\n<p>So, while EDLI gives peace of mind in terms of insurance coverage, its nomination rules are still quite traditional and family-oriented.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Resource Reference List<\/h3>\n\n\n\n<p>Groww-<a href=\"https:\/\/groww.in\/p\/savings-schemes\/edli?utm_source=chatgpt.com\" rel=\"noreferrer noopener\" target=\"_blank\">EDLI\u200a\u2014\u200aFeatures, Benefits, Eligibility Criteria &amp; How Does it Work?<\/a><\/p>\n\n\n\n<p>Paisabazaar. (2025, May 27). What is Employees\u2019 Pension Scheme (EPS): Eligibility, Calculation &amp; More. Paisabazaar. <a href=\"https:\/\/www.paisabazaar.com\/saving-schemes\/employees-pension-scheme\/\" rel=\"noreferrer noopener\" target=\"_blank\">https:\/\/www.paisabazaar.com\/saving-schemes\/employees-pension-scheme\/<\/a><\/p>\n\n\n\n<p>Fi Money. (2024, April 23). Employee Pension Scheme (EPS): Eligibility, Calculation &amp; How to Check if You Are a Part of EPS. Fi Money. <a href=\"https:\/\/fi.money\/guides\/investments\/eps-what-is-employee-pension-scheme-how-to-check-if-you-are-a-part-of-eps\" rel=\"noreferrer noopener\" target=\"_blank\">https:\/\/fi.money\/guides\/investments\/eps-what-is-employee-pension-scheme-how-to-check-if-you-are-a-part-of-eps<\/a><\/p>\n\n\n\n<p>Muthoot Finance. (2025, March 23). Difference Between EPF and EPS: Features and Calculation. Muthoot Finance. <a href=\"https:\/\/www.muthootfinance.com\/blog\/difference-between-epf-and-eps-features-and-calculation\" rel=\"noreferrer noopener\" target=\"_blank\">https:\/\/www.muthootfinance.com\/blog\/difference-between-epf-and-eps-features-and-calculation<\/a><\/p>\n\n\n\n<p>CreditMantri. (1994, December 31). Employees\u2019 Pension Scheme (EPS)\u200a\u2014\u200aEligibility Criteria, Calculation &amp; More. CreditMantri. <a href=\"https:\/\/www.creditmantri.com\/employee-pension-scheme\/\" rel=\"noreferrer noopener\" target=\"_blank\">https:\/\/www.creditmantri.com\/employee-pension-scheme\/<\/a><\/p>\n\n\n\n<p>Go Better. (n.d.). All You Need To Know about Employees\u2019 Pension Scheme (EPS). Go Better. <a href=\"https:\/\/go-better.com\/blog\/employee-pension-scheme\/\" rel=\"noreferrer noopener\" target=\"_blank\">https:\/\/go-better.com\/blog\/employee-pension-scheme\/<\/a><\/p>\n\n\n\n<p>Paytm. (n.d.). EPF vs EPS\u200a\u2014\u200aKnow How it Works &amp; Difference. Paytm. <a href=\"https:\/\/paytm.com\/blog\/epf\/epf-vs-eps-know-the-difference-between-epf-and-eps\/\" rel=\"noreferrer noopener\" target=\"_blank\">https:\/\/paytm.com\/blog\/epf\/epf-vs-eps-know-the-difference-between-epf-and-eps\/<\/a><\/p>\n\n\n\n<p>myScheme. (2024, December 31). Employees\u2019 Pension Scheme. myScheme. <a href=\"https:\/\/www.myscheme.gov.in\/schemes\/eps\" rel=\"noreferrer noopener\" target=\"_blank\">https:\/\/www.myscheme.gov.in\/schemes\/eps<\/a><\/p>\n\n\n\n<p>EPFO. (2025, August 19). EPFO Circulars. Employees\u2019 Provident Fund Organisation. <a href=\"https:\/\/www.epfindia.gov.in\/site_en\/circulars.php\" rel=\"noreferrer noopener\" target=\"_blank\">https:\/\/www.epfindia.gov.in\/site_en\/circulars.php<\/a><\/p>\n\n\n\n<p>These are just used to get some formula and facts but blog is not based on these&nbsp;\ud83d\ude42&nbsp;.<\/p>\n\n\n\n<p><em>\u00a9 2025 by <\/em><a href=\"https:\/\/medium.com\/@pandeshivanshu18\" rel=\"noreferrer noopener\" target=\"_blank\"><em>Shivanshu Pande<\/em><\/a><em> is licensed under <\/em><a href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\" rel=\"noreferrer noopener\" target=\"_blank\"><em>CC BY 4.0<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Employee Pension Fund SimplifiedLink to Medium Page The Employees\u2019 Pension Scheme (EPS), managed by the Employees\u2019 Provident Fund Organisation (EPFO), is a key component of India\u2019s social security system for salaried individuals, ensuring pension benefits after retirement. However, many employees, particularly in private and multinational companies, often misunderstand how contributions are structured, the portion allocated [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-166","post","type-post","status-publish","format-standard","hentry","category-personal-finance-finance-and-investing"],"acf":[],"_links":{"self":[{"href":"https:\/\/shivanshuconsults.in\/index.php\/wp-json\/wp\/v2\/posts\/166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shivanshuconsults.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shivanshuconsults.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shivanshuconsults.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/shivanshuconsults.in\/index.php\/wp-json\/wp\/v2\/comments?post=166"}],"version-history":[{"count":1,"href":"https:\/\/shivanshuconsults.in\/index.php\/wp-json\/wp\/v2\/posts\/166\/revisions"}],"predecessor-version":[{"id":167,"href":"https:\/\/shivanshuconsults.in\/index.php\/wp-json\/wp\/v2\/posts\/166\/revisions\/167"}],"wp:attachment":[{"href":"https:\/\/shivanshuconsults.in\/index.php\/wp-json\/wp\/v2\/media?parent=166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shivanshuconsults.in\/index.php\/wp-json\/wp\/v2\/categories?post=166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shivanshuconsults.in\/index.php\/wp-json\/wp\/v2\/tags?post=166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}