Tag: epfo pension rules

Pension Under EPS-95: Anyone working in the organized sector in India is benefited by EPFO ​​i.e. Employees Provident Fund Organization. It has provision for providing provident fund, insurance and pension. Both the employee and the employer contribute to it. EPFO ​​is a government institution which is run by the Government of India. Every employee working in the organized sector has an account in EPFO. In which 12% of the salary is deposited. And the same contribution is made by the employer i.e. the company. But the contribution made by the…