Employees' Pension Scheme (EPS)

URI: https://gptkb.org/entity/Employees'_Pension_Scheme_(EPS)
GPTKB entity
Statements (27)
Predicate Object
gptkbp:instanceOf gptkb:Pension_scheme
gptkbp:administeredBy Employees' Provident Fund Organisation (EPFO)
gptkbp:benefit Monthly pension
gptkbp:contributionByEmployer 8.33% of basic salary
gptkbp:country gptkb:India
gptkbp:earlyPensionAge 50 years
gptkbp:eligibility Employees who are members of EPF
gptkbp:fundedBy gptkb:Government_of_India
Employer
Employee (indirectly via EPF)
gptkbp:governedBy gptkb:Employees'_Provident_Funds_and_Miscellaneous_Provisions_Act,_1952
gptkbp:headquarters gptkb:New_Delhi,_India
gptkbp:launched 1995
gptkbp:maximumPensionableSalary ₹15,000 per month
gptkbp:minimumServicePeriod 10 years
gptkbp:pensionableAge 58 years
gptkbp:provides Pension to children
Pension to employee
Pension to nominee
Pension to widow/widower
gptkbp:purpose Provide pension to employees in the organized sector
gptkbp:website https://www.epfindia.gov.in/
gptkbp:bfsParent gptkb:EPFO
gptkb:Employee_Provident_Fund_(EPF)
gptkb:Employees_Provident_Fund_(EPF)
gptkbp:bfsLayer 8
https://www.w3.org/2000/01/rdf-schema#label Employees' Pension Scheme (EPS)