About Employee Pension Scheme (EPS):
For the employee pension fund,
The EPS is a scheme by the Employee's Provident Fund Organization (EPFO), which aims at social security. This scheme is for the pension of the employees working in the organized sector, after their retirement at 58 years.
12% of the salary of the employer's contribution in respect of a member of EPF a/c is divided into -
3.67% credited to employees' EPF A/c.
8.33% for EPS,
The pension contribution in the EPF passbook is the amount deposited by the employer every month in the EPS account of the employee. It comes to be around ₹ 1250 every month depending on the length of the service/salary & contribution of the employees.