Eps 95 pension: EPS 95

EPS 95, or Employee Pension Scheme 1995, is a social security scheme that was launched by the Employees’ Provident Fund Organisation on November 19 th 1995. This scheme provides pension benefits after retirement to employees working in the organised sector. The EPS, 1995 is a “Defined Contribution-Defined Benefit” Social Security Scheme. The corpus of the Employees’ Pension Fund is made up of (i) contribution by the employer @ 8.33 per cent of wages; and (ii) contribution from Central Government through budgetary support @ 1.16 per cent of wages up to an amount of Rs.15,000/- per month. All benefits under the scheme are paid out of such accumulations. The fund is valued annually as mandated under paragraph 32 of the EPS, 1995 and as per ... In a landmark judgment delivered in April 2025, the Supreme Court of India approved a long-overdue revision to the Employees’ Pension Scheme (EPS-95), impacting over 78 lakh pensioners across the country. What Is EPS 95 Pension Scheme? EPS 95, or Employee Pension Scheme 1995, is a social security scheme that was launched by the Employees’ Provident Fund Organisation on November 19th 1995. This scheme provides pension benefits after retirement to employees working in the organised sector.