Let us see in this post how to apply a monthly pension under Employee Pension Scheme. Monthly Pension can be applied by using Form 10D and the below criteria should be satisified Employees should be over 58 years of age Employees should have completed 10 years of service These are various pensions that can…
As per the recent circular by the EPFO, Aadhaar has been made mandatory for all members who join EPS (Employee Pension Scheme – EPS 1995) and members are requested to verify and validate the details before it is submitted by the Employer to the EPF Office EPFO Circular making Aadhaar Mandatory http://epfindia.gov.in/site_docs/PDFs/Circulars/Y2017-2018/Pension_Aadhaar_JeevanPramaan_8051.pdf Aadhaar not Mandatory…
These are the banks with which EPF has a tie-up with to disburse the PF pension for the members of the EPS scheme (Employees Pension Scheme).A PF member needs to have an account in any of the these banks under the Respective Regional office (RO) Andaman PF Office Pension Disbursing Banks PF Office Pension Disbursing…
EPS otherwise known as Employees Pension scheme is one of the flaghship schemes of EPFO. It was started in 1995 and it’s designed to assure Employees get a minimum pension after their retirement or after 10 years of service.(subject to some conditions) Features of EPS 8.33% of the Salary(Basic+DA) contributed by the Employer 1.16%…