Can one get EPS pension from EPFO ​​Pension while working? What do the rules of EPFO ​​say? See here: According to the current rules of the Employees' Provident Fund Organization, both the employer and the employee contribute equally 12% of the employee's salary to the EPF fund! However, 3.67% of the employer's contribution is deposited every month in EPF and 8.33% in the Employees' Pension Scheme!

The Employees' Provident Fund Organization provides incentives for investment to its customers for their convenience and to secure their future! For this, the Employees' Pension Scheme, which is a retirement scheme, is managed by the Employees' Provident Fund Organization!

It provides the benefit of pension to employees working in the organized sector on investing every month after retirement or after the age of 58 years! However, many people continue their job even after 58 years! In such a situation, if he completes 10 years of his job!

So in the current job situation, can he get Employee Pension Scheme pension before retirement or not? Many people have questions about this! In such a situation, what do the rules of the Employees' Provident Fund Organization say? So let's know about this in detail….

Employees' Provident Fund Organisation - Can EPS pension be received while working?

For your information, let us tell you that according to the current rules of the Employees' Provident Fund Organization, both the employer and the employee contribute 12 percent of the employee's salary equally to the EPF fund! However, out of the employer's contribution, 3.67% is deposited every month in EPF and 8.33% in the Employees' Pension Scheme!

In which employees can get pension after completing their 10 years of service or on completion of 58 years of age! However, one feature of this scheme is that if a person is working even after the age of 58! So they can also avail the benefit of pension while working!

Pension Fund – When will you get the right to claim pension

Existing and new EPF members can join the pension scheme of the Employees Provident Fund Organization! In such a situation, according to the rules of the Employees Provident Fund Organization, subscribers whose age is more than 50 years! And they are regularly contributing to the Employees Provident Fund Organization!

Along with this, if they have completed 10 years of service! They are given the right to receive pension! On the other hand, if the shareholders complete 10 years of service! But their age is less than 50 years! So in such a situation, they cannot claim for pension!

In such a situation, after leaving the job, the employee gets only the amount deposited in EPF! Apart from this, if the total duration of the job is less than 10 years! Then he can withdraw the amount deposited for pension anytime in between! Because even in this situation, the employees are not eligible to get pension!

Employees' Provident Fund Organisation – Pension will be reduced by 4% before 58 years
As we have told that if the age of an employee is more than 50 years, then he can claim for pension. Claiming for pension between 50 to 58 years is called early claim. However, if you get pension before 58 years, you get a reduced pension at the rate of 4% every year. In such a situation, claiming for pension after 58 years or 60 years can prove to be a better option for you.