EPS Pension Eligibility: Can You Receive Pension While Still Employed? EPFO Rules Explained
The Employees' Pension Scheme (EPS) is a retirement scheme managed by the Employees' Provident Fund Organisation (EPFO), designed to provide social security to employees in the organized sector upon retirement at the age of 58. Introduced in 1995, the EPS ensures that every employee in the organized sector with an EPF account can benefit from it. But what happens if someone continues to work beyond the age of 58? Can they still claim their EPS pension while employed? Let's find out the rules and provisions.
Can You Receive EPS Pension While Still Working?
One unique feature of the EPS scheme is that if an employee continues to work after the age of 58, they are still eligible to receive their EPS pension. This means you can claim your pension even while continuing with your job.
How the Contributions Work
Under the EPS scheme, both the employee and the employer contribute to the fund:
Can You Receive EPS Pension While Still Working?
One unique feature of the EPS scheme is that if an employee continues to work after the age of 58, they are still eligible to receive their EPS pension. This means you can claim your pension even while continuing with your job.
How the Contributions Work
Under the EPS scheme, both the employee and the employer contribute to the fund:
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