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How is the pension amount calculated under the Employees' Provident Fund Scheme (EPS)?
How is the pension amount calculated under the Employees' Provident Fund Scheme (EPS)?
The pension amount under the Employees’ Provident Fund Scheme (EPS) is calculated based on factors such as the employee’s years of service, average monthly salary, and the pensionable salary formula specified by the Employees’ Provident Fund Organization (EPFO).