The Employee Pension Scheme (EPS) is a retirement plan managed by the EPFO that provides a monthly pension to employees after they turn 58. You can also opt for an early pension at the age of 50.

Retirement planning should be started as early as possible. There are various way to plan your finances for retirement. Some ...

The EPS pension amount is calculated using a specific formula: Pension = (Average Salary × Pensionable Service) ÷ 70. The ...