EPFO made the employees happy, employees will get pension every month, see update: Do you know that an employee pension scheme is also being run for PF employees? The purpose of this employee pension scheme is to provide pension to the employees every month! There are many government schemes in India about which most people are not aware!
EPFO made the employees happy, employees will get pension every month, see update
Similarly, many people are not able to take full advantage of their rights and schemes! Do you know that an employee pension scheme is also being run for PF employees? The purpose of this employee pension scheme is to provide pension to the employees every month!
Which gives them financial security and stability! So let us tell you all more information about this employee pension scheme in detail! How employees will get the benefit of this employee pension scheme! Let’s know in detail….
Employees’ Provident Fund Organisation – How to get the benefit of EPS scheme?
Only the person whose PF is being deducted can avail the benefit of Employee Pension Scheme. If your PF is also deducted, then you need to know some important things. To get pension, employees have to follow some rules. By following these rules, the nominee and the heir of the family can also get the benefit of pension after death.
Pension Fund – Minimum Service Requirements
If you want to take advantage of this employee pension scheme of Employees’ Provident Fund Organization! So you have to serve at least 10 years! Apart from this, your age should be at least 50 years! You will be eligible for pension only after fulfilling these conditions!
Employees’ Provident Fund Organisation – How to calculate pension?
You can calculate the pension amount very easily! The amount of pension depends on your average salary of 60 months before retirement! If you contribute for 20 years or more! So you can also get the benefit of two years’ bonus!
Pension Fund – Get information on EPFO India’s website
PF employees have to first visit the official website of EPFO epfindia.gov.in! From there you can choose the option of online services! Choose the option of ‘EDLI & Pension Calculator’! After this, you can learn how to use the calculator! You can find out the pension amount by entering all the required details!
To get pension under the Employees’ Pension Scheme, PF employees need to follow the necessary terms and conditions! This EPS scheme provides financial security to the employees in the future! For more information, visit the official website of EPFO and take advantage of the facilities available there!
