Most of the employees, either Govt or non-Govt employees contribute to Employee Provident Fund. If at all you happened to see the passbook there is also a Pension contribution mentioned in the passbook,which is for Employee Pension Scheme. So will there be a pension for non-Govt employees too, The good new is Yes. In this article we will understand
how much is the pension contribution per month? and who pays it (is it the employee or employer) how much pension can someone retiring from a private organization receive post his retirement.