EPF pension benefits: Eligibility, amount of pension and other details
Employees’ pension scheme (EPS) was introduced on Nov 16, 1995, replacing the Employees’ Family Pension Scheme, 1971. This is a social security scheme offered by the Employees’ Provident Fund Organisation (EPFO). The new scheme (EPS, 1995) has a provision to give pension to EPF subscribers as well as to the family members and nominees of …