Employees' Pension Scheme, 1995

GPTKB entity

Statements (25)
Predicate Object
gptkbp:instanceOf pension scheme
gptkbp:administeredBy gptkb:Employees'_Provident_Fund_Organisation
gptkbp:benefit disability pension
monthly pension
children pension
family pension
orphan pension
gptkbp:contribution 1.16% of employee's salary (by government)
8.33% of employee's salary (by employer)
gptkbp:country gptkb:India
gptkbp:dateEnacted gptkb:Employees'_Provident_Funds_and_Miscellaneous_Provisions_Act,_1952
gptkbp:eligibility employees who are members of Employees' Provident Fund
gptkbp:fundedBy employee contributions
employer contributions
government contributions
https://www.w3.org/2000/01/rdf-schema#label Employees' Pension Scheme, 1995
gptkbp:maximumPensionableSalary Rs. 15,000 per month (as of 2014 amendment)
gptkbp:minimumPension Rs. 1,000 per month (as of 2014 amendment)
gptkbp:purpose providing pension to employees in the organized sector
gptkbp:replacedBy gptkb:Employees'_Family_Pension_Scheme,_1971
gptkbp:startDate 16 November 1995
gptkbp:vestingPeriod 10 years of service
gptkbp:website https://www.epfindia.gov.in/
gptkbp:bfsParent gptkb:Employees'_Provident_Fund_Organisation
gptkbp:bfsLayer 5