EPS contribution

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Hi

Subscribers of the Employees’ Provident Fund Organisation (EPFO), who hadn’t opted for higher pension under a previous window, will now have the facility to exercise the option. Employees who were existing Employees’ Pension Scheme (EPS) members as on September 1, 2014 can contribute up to 8.33% of their ‘actual’ salaries — as against 8.33% of the capped salary — towards pension. Is it applicable to all employees?

Thanks

 

Replies (1)
Sir
good afternoon
New higher pension scheme is better or not

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