Employees' Pension Scheme: Who Qualifies and What You Get
Learn how to qualify for monthly pension payments under the Employees' Pension Scheme if you have worked for ten years.
This scheme provides a regular monthly pension to workers who have met specific service requirements.
Who it's for
You qualify for this scheme if you have been an employee and have contributed to the EPF for at least 10 years.
What you get
You receive a monthly pension. The amount you receive depends on two main factors: your average salary and the total number of years you served.
What it costs you
There is no direct fee to join, but you must complete certain administrative steps. You will need to ensure your UAN is activated and that your Aadhaar is linked to your account.
The catch to know
The monthly pension amount is often lower than some people expect. This happens because there are specific salary caps placed on how much of your income is used for these contributions.
How to apply
- Ensure your UAN is activated.
- Link your Aadhaar to your account.
- Verify your service history on the official portal.
- Follow the claim process via the official link: https://unifiedportal-mem.epfindia.gov.in/