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PENSION CALCULATION FORMULA
7 must-know things about EPS-95 pension: Eligibility, pension formula, family benefits and moreThe Employees' Pension Scheme, 1995, offers vital retirement benefits for organized sector workers. Managed by the Employees' Provident Fun...
Rs 7 lakh life insurance cover at zero premium, which very few EPF members are aware of; check how to claim when neededEmployees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This ...
What is Retirement Income Scheme in NPS; how do SPR and SUR work?Under National Pension System's (NPS) Retirement Income Schemes (RIS), subscribers can choose periodic payouts till age 85 via Systematic P...
Most married couples are leaving Social Security money on the table — here's how to claim it allSocial Security benefits for married couples are becoming one of America’s biggest retirement conversations in 2026. The average dual-incom...
Boost your Social Security fast: Little-known rules that could mean bigger checksMore than 53 million retired Americans now depend on Social Security benefits every month. Yet millions still lose retirement income becaus...
Hike in minimum EPS pension of Rs 1,000 under consideration by EPFO: Know who will benefit and how?EPFO members' long wait for a higher minimum monthly pension under EPS-95 may soon end. The Ministry of Labour and Employment is reportedly...
More cash each month! Social Security Administration revamp could mean bigger checks soon – here's what retirees must knowSocial Security calculation change 2026 boosts monthly checks: More money is finally reaching retirees. The Social Security calculation cha...
Dearness Allowance (DA) hike: How much DA hike will central govt employees get and how is it calculated?
DA hike announcement: How salaries of Level 1-18 employees will rise after 2% dearness allowance hikeDA hike for central government employees: A 2% hike in DA will take it from its current rate of 58% to 60%. With this hike, dearness relief...
8th Pay Commission salary hike: Why NC-JCM wants minimum basic pay to rise from Rs 18,000 to Rs 69,0008th Pay Commission pay hike: Employee unions calculate the minimum pay for an employee based on the rates of a food basket for a month. The...
Central government workers seek wages based on five-member familiesCentral government employees are demanding a significant overhaul of their pay structure. They want the government to consider a family of ...
DA hike delay: Will central government raise dearness allowance in first week of April?Central government employees and pensioners are awaiting the January 2026 Dearness Allowance (DA) and Dearness Relief (DR) hike announcemen...
Around 97,000 EPF members to receive higher pension under EPS; How to track status of higher EPS pension applicationHigher EPS pension: Under the Employees' Pension Scheme, 1995, approximately 97,640 PF (Provident Fund) members and pensioners nationwide a...
EPF pension: What is the formula for calculating pension amount?EPF pension: Here are some crucial frequently asked questions (FAQs) regarding the calculation of pension benefits for EPF members, as per ...
UPS pension calculation: How assured pension, family pension may be calculated under Unified Pension SchemeAssured pension calculation in UPS: The govt announced a new pension scheme for central government employees, the Unified Pension Scheme. T...
What is the formula to calculate EPS pensionThe formula to calculate pension under Employees' Pension Scheme (EPS) was tweaked by the Employees' Provident Fund Organisation (EPFO) in ...
Higher EPS pension FAQ released: Rules, pension calculation formula, documents — EPFO answers your queriesThe FAQs on higher EPS pension cover a wide range of topics, including how to calculate pensions, what documentation EPFO members must send...
Higher EPS pension: EPFO releases circular on pension computation methodAs per the circular, the formula for the calculation of higher pension will be different for those retiring before September 1, 2014, and t...
Higher EPS pension: Can EPFO change the current pension formula in future?While most of the doubts regarding higher EPS pension have been addressed by the EPFO however one clarification regarding the pension compu...
Worked for more than 20 years under EPF scheme? You will get this as bonus for pension calculationMany employees diligently make contributions to EPF account so that they can have good corpus at the time of retirement. Further, if they a...