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 ...

Contributing to the (present) wage ceiling of Rs 15,000. Even if someone's basic salary and dearness allowance is Rs 70,000, their EPS pension will be calculated at the wage ceiling, which is Rs ...

Most people working in the private sector worry about how to arrange for regular income in their old age. But if you are an EPFO member, you can get a pension from EPFO from the age of 58. But for ...

The Employee Pension Scheme (EPS) plays a crucial role in ensuring employees' financial stability in their retirement years by providing them with lifelong pension benefits and social security.

If you work for a company, especially a private one, you're likely familiar with the EPFO. The central government established ...

Former Mayor Mary Verner’s salary and pension request , which was denied by the city, has raised questions from several readers who wonder how an elected leader can be eligible to start receiving a ...

EDITORIAL: An office memorandum issued by the Finance Division noted a change in the calculation of emoluments for the purpose of pensions as proposed by the Pay and Pension Commission 2020 as well as ...

Facing another year of fiscal problems, Gov. Chris Christie changed the funding formula for the state’s pension contribution so that he could cancel $93.7 million in previously budgeted pension ...

EPS Pension Calculation: If an employee can't complete 10 years of service before turning 58, they can withdraw the entire amount at the age of 58 using Form 10C. But they will not be able to get ...

ISLAMABAD: The government has decided that pension shall be calculated on the basis of average of pensionable emoluments drawn during last 24 months of service prior to retirement. The Finance ...