Game - EPFO Pension eligibility to get a Monthly Pension (Shared from Internet)

Find out about EPFO Pension eligibility to get a Monthly Pension
The EPFO pension is a monthly retirement benefit provided under the Employees’ Pension Scheme, 1995, commonly known as EPS-95. It is administered by the Employees’ Provident Fund Organisation, and it mainly benefits employees working in establishments covered under the Employees’ Provident Funds and Miscellaneous Provisions Act. When we work in an EPF-covered organisation, the employer contributes a part of the monthly wage toward the pension fund. This contribution helps create eligibility for a monthly pension after retirement, provided the employee satisfies the required age and service conditions. Under EPS-95, the pension is not a lump-sum retirement saving like EPF. Instead, it is designed as a lifelong monthly pension after the member becomes eligible.
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