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EPS Higher Pension: EPF vs Employee Pension Scheme - What To Opt For | EPS Calculation

TOI.in / May 12, 2023, 07.30 AM IST

EPS Higher Pension Scheme: Should private sector employees opt for a higher pension outgo under the revised Employees’ Pension Scheme? How will this impact your EPF or Employees’ Provident Fund corpus at the end of retirement? The time to decide is now since as per EPFO circulars, your employer would be asking you to make this one time choice. Simplifying this somewhat complicated issue is our focus in this week’s TOI Wallet Talks. Puneet Gupta, Partner, People Advisory Services at EY India helps us understand what it would mean to opt for a higher pension outgo under EPS and how it would impact your PF corpus at the time of retirement.

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