Epf pension calculator for private employees

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  • How pension is calculated for private employees
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    What is Employees' Provident Fund (EPF)?

    The Employees' Provident Fund (EPF) is a retirement savings scheme for salaried individuals in India.

    The EPF scheme allows employees to save a portion of their salaries each month. The accumulated amount can be used by employees when they retire, resign, or during times of need.

    What is Employees' Pension Scheme (EPS)?

    Introduced in 1995, under the Employees' Provident Funds & Miscellaneous Provisions Act, the Employees' Pension Scheme (EPS) is a social security scheme that provides a monthly pension to employees and their dependents once the employee retires from work.

    EPS is applicable to all those who are enrolled under the EPFO befor

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