Note-We have deactivated commenting on this post. However, if you have any doubts regarding EPS, then you can raise them in our. Many of EPF members at the first instance do not know that they have a pension scheme and for which their employer is contributing. You will notice that the major portion of your employer contribution will go towards the Employee Pension Scheme EPS. However, the majority of employees are ignorant about this. Here the meaning of salary means Basic+DA. The rulebook still sticks to the old salary limit of Rs. However, in my view after the new rules, the limit should be raised to Rs. If it is less than 6 months, then such fraction of service period is not considered for calculation. For example, suppose you worked for 21 yrs and 7 months. In this case, your service is considered as 22 years. However, if your service is 21 yrs and 2 months, then service will be considered as 21 yrs only. What is an eligible service for EPS? As I said above, for calculation purpose, if your service is more than or equal to 6 months, then it will be rounded to next year. If it is less than 6 months, then such fraction of service period is not considered for calculation. For example, suppose you worked for 21 yrs and 7 months. In this case, your service is considered as 22 years. However, if your service is 21 yrs and 2 months, then service will be considered as 21 yrs only. What is pensionable service for EPS? The pensionable service is determined by the number of years your employer contributed on behalf of you. If your employer failed to deposit the amount then such months are not considered for calculation of service. Also, in case if an employee completed 58 yrs of age and completed 20 yrs of service or more, his pensionable service will be increased by 2 years for calculation purpose. What is a pensionable salary for EPS? It is the last 12 months average salary during contribution period p