What is the primary objective of the Employee Pension Scheme (EPS) 1995?

"To provide financial assistance to employees during periods of unemployment" "To offer a fixed income to employees after retirement" "To supplement employee income during periods of disability" "To encourage early retirement for employees in hazardous industries"

What is the minimum service period required to be eligible for pension benefits under EPS 95?

"5 years" "7 years" "10 years" "15 years"

What is the pensionable salary used to calculate the pension amount under EPS 95?

"The average monthly salary of the last 5 years of service" "The highest monthly salary earned during the entire service period" "The average monthly salary withdrawn in the last 12 months before exiting the scheme" "The starting salary of the employee at the commencement of their service"

What is the contribution rate for both the employee and employer towards the EPS 95 scheme?

"8.33% of the employee's pay" "12% of the employee's wage, including basic salary and DA" "3.67% of the employee's basic salary" "1.16% of the employee's pay"

Which of the following is NOT a type of pension offered under the EPS 95 scheme?

"Widow Pension" "Child Pension" "Disability Pension" "Orphan Pension"

What is the age at which an employee can choose to withdraw an early pension under EPS 95?

"45 years" "50 years" "55 years" "60 years"

What is the purpose of the EPS Scheme Certificate (Form 10C)?

"To apply for monthly pension withdrawal after 50 years of age" "To withdraw funds before completing 10 years of service" "To declare that a widow/widower has not remarried" "To certify that a pensioner is alive"

Who bears the administrative costs associated with the Employee Pension Scheme?

"The employee" "The employer" "The EPFO" "The Central Government"