Retirement planning is essential for securing your financial future—and one of India's most trusted pillars in this journey is the Employees’ Pension Scheme (EPS) 1995. Launched by the Employees’ Provident Fund Organisation (EPFO) on 19 November 1995, EPS provides a structured, reliable monthly pension benefit to employees after retirement. Both employees and employers contribute 12% of the basic salary plus dearness allowance toward this pension scheme, ensuring consistent post-retirement income. Once an EPF member reaches the age of 58, they are eligible to claim their EPS pension—a system designed to offer long-term financial peace of mind
What is Employee Pension Scheme?
The Employees’ Pension Scheme (EPS) 1995 was launched by the Employees’ Provident Fund Organisation (EPFO) on 19th November 1995.
It helps employees receive a monthly pension after they retire. Once a member turns 58, they can claim their pension through the EPFO.
Both new and existing EPF members can benefit from EPS 95. Both the employee and employer contribute 12% of the employee's basic salary and While EPS ensures a steady pension post-retirement, you can further
dearness allowance (DA) to the scheme.strengthen your financial future with a high-interest, risk-free
investment option. Diversify
your retirement savings and earn up to
7.30%
p.a.
returns with
a Fixed Deposit. Book
your FD now
and enjoy assured
returns!
The entire employee contribution goes to the EPF, while 8.33% of the employer's contribution is allocated to EPS, and the remaining 3.67% goes to the EPF.
While EPS ensures a steady pension post-retirement, you can further strengthen your financial future with a high-interest, risk-free investment option. Diversify your retirement savings and earn up to 7.30% p.a. returns with a Fixed Deposit. Book your FD now and enjoy assured returns!