The Economic Times

Higher EPS-95 pension: Government clarifies rule for employees of exempted, unexempted establishments

EPS higher pension: The government has acknowledged the Madras High Court's decision on higher pension benefits. Supreme Court orders regarding higher pension contributions have also been examined. An online facility was provided for EPS subscribers opting for higher pension. This higher pension judgment has been implemented uniformly for all establishments. Employees can now contribute based on actual basic salary for increased pension.