Employees' Pension Scheme
Also called EPS (in the provident fund sense, not earnings per share)
The EPFO pension scheme funded by part of your employer's EPF share, paying a monthly pension after 10 years' membership.
The Employees’ Pension Scheme is the pension part of your provident fund. Your employer’s share is split, and a slice goes here instead of your EPF balance. After 10 years of membership, it pays a monthly pension from 58. The EPFO runs it. See how it sits next to gratuity in gratuity explained.
Questions people ask
What is the Employees' Pension Scheme?
It's the pension scheme run by the EPFO for salaried workers. Part of your employer's monthly provident fund contribution goes into it instead of your EPF balance, and it pays a monthly pension later.
How many years do I need for an EPS pension?
At least 10 years of membership to get a pension at 58, per the Ministry of Labour and Employment. Leave earlier and you can usually take a withdrawal benefit instead, though that ends your pension rights.
How much goes into the pension scheme each month?
8.33% of your wages, worked out on wages of up to 25,000 rupees a month since September 2026, per the Labour Ministry. The ceiling was 15,000 rupees before that. Check the current rule with EPFO.
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