The unique number or code given to the pensioners is termed as Pension Payment Order (PPO). The Employees’ Provident Fund Organisation (EPFO) allots this number to every employee who retires from any ...
If you are a pensioner who is enrolled under the Employees' Pension Scheme (EPS), a scheme handled by the Employees' Provident Fund Organisation (EPFO), your Pension Payment Order (PPO) number is your ...
The working of EPS is not similar to EPF and neither does EPS contributions earn any interest. Employee Pension Scheme 1995: For an employee working in the corporate world, it is nearly a 35 years of ...
EPS Pension Calculations: The Employer Provident Fund (EPF) account of a private sector employee comprises their EPF account and the Employees' Pension Scheme (EPS) account. While they get EPF in the ...