Pension Scheme, this is contributed by your employer and by the Central Government. Your employer contributes 8.33% of Rs. 6,500 Basic salary to the Employee Pension Scheme, and the Central Government contributes 1.16% of the same. The EPS provides you with regular annuity after your retirement...
One can apply for EPS Pension from a date immediately following the date of completion of 58 years of age notwithstanding that the person has retired or ceased to be in the employment before that date. Maximum Pension one can get is Rs 7,500 per month. Minimum Pension one can get is Rs...