Employee Pension Scheme Flashcards
1
Q
Year
A
1995
2
Q
Ministry
A
Labour and emoliyment
3
Q
Objective
A
Pension for organised sector workers
4
Q
Both employee and employers contribute __% monthly salary
A
12
5
Q
Of employee share __% in EPF and __% diverted to EPS
A
12 and 8.33
6
Q
Central govt contributes
A
1.16%
7
Q
Membership till age of __ years
A
58
8
Q
Pensionable salary
A
60 months preceding the date of exist
6500 month
