EPS-2026 replaces EPS-95: Eligibility, membership rules, and withdrawal conditions explained
New Delhi, July 3 -- The central government has notified the Employees' Pension Scheme (EPS), 2026, under the Code on Social Security, 2020, replacing the earlier EPS, 1971, and EPS, 1995. While the new framework does not introduce much changes, it specifies rules of eligibility to enroll in EPS, membership conditions and continuation of pension benefits for existing subscribers.
The new EPS framework came into effect on June 29, 2026, the date of its publication in the Official Gazette.
According to the Gazette notification, the following employees are eligible to become members of EPS-2026:
As mentioned in the Gazette notification, a member's Pension Fund membership will end on the earliest of the following events:
The Gazette notif...
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