The Employee Pension Scheme (EPS) is a government-backed retirement plan that helps workers in India save for their ... you and your employer both put 12 per cent of your basic salary into a ...

The EPS pensions could rise by a whopping 650% to Rs 7,000 from the current Rs 1,000 per month. According to reports, a ...

Both employees and employers contribute 12% of the employee's basic salary to the EPF, with 8.33% of the employer's share going to the EPS. The employer and employee contribute 12 per cent of the ...