Posted On 05 September 2010 at 00:58
I want to clarify some doubts in "Employees' Pension Scheme 1995 (EPS-95) "
1. As per rule, to avail EPS-95 benefit age should above 58 years and completed 10 years of service (while still working) AND For early pension - age should between 50 and 58 years, completed 10 years service (but not in service)
a. What is the meaning of 10 years of service (is this continuation in same company or can we add up other company service to make up 10 years?)
b. What is the proof that we are member of "Employees' Pension Scheme 1995 (EPS-95) "? is this our PF number or any other bond they going to give?
c. What is the assurance that we receive our Pension Fund after 58 Years if we alive?
d. if we complete 10 yeras of service as a EPF member, any pension bond automatically we receive from government or we need to apply for it or anything else regarding this. Please clarify. Thanks