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Provident Fund is a long-term savings plan in which you can save a part of your salary every month, and the best part is that it is a government-backed scheme, meaning the government ... Pension ...
In case of non-exempt employers, the withdrawal request will release EPF and EPS both if service period is less than 113 months. If the service period is longer, your PF money will be released ...
On the other hand, out of the employer’s contribution of 12%, 8.33% is deposited in the EPS account and the balance 3.67% is deposited in the EPF account. On the 8.33% EPS contribution, there is ...