EPFO Pension Rules 2026: Lifetime Pension for Private Sector Employees Explained

• EPFO's EPS scheme is crucial for private sector employees, but understanding pension rules is complex.
• To receive a monthly pension, employees need 10 years of pensionable service and must be 58 years old.
• 8.33% of the employer's PF contribution goes to EPS, but it's based on a fixed wage limit, capping pension amounts.
• Taking pension before 58 (after 50) results in a permanent reduction; delaying until 60 can increase it.
• Employees leaving service before 10 years receive a one-time withdrawal benefit, not a lifetime monthly pension.