Understanding Pension Contributions: How Are They Calculated and When Do We Receive Them?

Hi, I am able to see the Pension Contribution column in our account summary as shown below:

Pension Contribution

Questions:
1. Can you explain how it is calculated?
2. Will the pension amount be given to us when added to all amounts, I mean (Employee Share, Employer Share)?

Once an employee becomes the member of EPF (Employee Provident Fund) they automatically get enrolled for EPS (Employee Pension scheme). Total contribution towards EPF is 12% and it's an equal contribution from both the side. 12% of Employee contribution goes in EPF A/C and 12% of Employer contribution is divided into 3.67% which goes in EPF A/C and remaining 8.33% goes in EPS.
In short only Employer share of 8.33% goes in EPS.