The Economic Times

EPS 2026 replaces EPS-71, EPS-95: What has changed in new EPFO pension scheme and what remains the same

A new Employees' Pension Scheme, 2026, has replaced earlier pension schemes, effective June 29, 2026. While core benefits like the pension formula and contributions remain, key changes include faster pension claim settlements within 20 days and a 12% interest penalty for EPFO delays.