EPF Pension which is technically known as Employees’ Pension Scheme (EPS), is a social security scheme provided by the Employees’ Provident Fund Organisation (EPFO).The scheme makes provisions for employees working in the organized sector for a pension after their retirement at the age of 58 years. Employees’ Provident Fund (EPF) is a retirement benefit scheme wherein a member invests a part of his salary every month and equal contribution is made by the employer towards EPF and EPS accounts of the employee. When you switch jobs, you can either withdraw the pension amount or transfer it to the new one by submitting the EPS Scheme Certificate. Mar 04, · The complete guide to Employee Pension Scheme (EPS) When I wrote a post about recent changes in the Employee Provident Fund (EPF), I received so many queries related to Employee Pension Scheme because there is a huge misconception among employees about getfreeonlinequotes.com: Basavaraj Tonagatti.
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