The EPS pension amount is calculated using a specific formula: Pension = (Average Salary × Pensionable Service) ÷ 70. The ...

Calculating how much you need for retirement is going to be different for everyone. Estimating how much you'll spend in your golden years is the crux of the calculation. Determining a safe withdrawal ...

If you are a salaried person and contribute to EPFO every month, then you must know about its Employee Pension Scheme. In common language, it is called EPS. EPS is the scheme through which you get a ...

For many American workers, a defined benefit pension plan is an artifact that has gone the way of phone booths, cassette tapes and percolator coffee. But millions of federal and state government ...

EPFO: Employees working in the private sector often harbor a fear about financial security in old age. But if your Provident ...

The Employees’ Pension Scheme (EPS), part of the Employees’ Provident Fund (EPF), provides salaried employees with a monthly pension after retirement, based on contributions made during their service.

When you think about retirement, you probably picture a monthly pension that is stable, tax-efficient, and not at the mercy ...

Employees' Pension Scheme subscribers seek higher pension limits. Minister Shobha Karandlaje stated in Lok Sabha that an actuarial deficit exists in the EPS fund as of March 31, 2019. This valuation ...

Retired central government employees await the 8th Pay Commission's impact on their pensions, with the fitment factor being a key determinant of any increase. Pensioners also seek improvements in ...

The exact calculation will depend on a variety of personal factors. The 80% rule is one way to calculate how much you'll need in retirement. There are some simple rules that can help you figure out ...