Keyword Analysis & Research: epf

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What is the pension contribution in EPF?

The EPF pension or EPS is a pension scheme for the employees of organized sector. This pension scheme gives a guaranteed monthly pension after the retirement. Employee provident fund organisation(EPFO) manages the pension account of all those who are contributing to EPF including private trust.

What is the scope of EPF?

What is the scope of EPF? The Employees' Provident Fund (EPF) is a compulsory savings scheme established to provide a measure of security for old age retirement to its members. Prior to 1 August 1998, expatriates and foreign workers were not required to contribute to the EPF although they may elect to do so.

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