The Employee Pension Scheme (EPS) is designed to provide a guaranteed pension to employees after they retire. Both the ...
The monthly pension of an employee is determined by the period of service, rounding up the number of years if the employee has completed six months or more. For example, 10 years and 7 months of ...
Your Final Salary Pension is calculated from the salary you were being paid by Which? when you left the Scheme (1) and your length of service in the Scheme. The calculation works out the pension to be ...
For most salaried employees, the Employees’ Provident Fund is familiar territory, but the Employees’ Pension Scheme that sits inside it is not. Every month, a part of your employer’s EPF contribution ...