The Employee Pension Scheme (EPS) is designed to provide a guaranteed pension to employees after they retire. Both the employer and employee put 12 per cent of the basic salary into a special fund ...

Let's calculate the monthly pension from the Employee Pension Scheme (EPS) by an employee drawing a salary of Rs 79,000 with different years of service, 17 years, 28 years, and 33 years, to find out ...

The 8th Pay Commission salary discussions are always done around fitment factor. It’s a base for calculation of basic salary and other factors which get impacted due to this factor. There are around 1 ...

Monthly Pension Calculation: Pensionable service, 15, 28, & 32 years The monthly pension amount you will receive will depend on your pensionable salary and service. The average salary used in the ...