New Delhi, May 28 -- The Employees' Provident Fund Organisation (EPFO) provides pension benefit for all provident fund subscribers who have an account for more than 10 years. This is because of the 12% employer contribution to your EPF account, 8.33% is directed towards a pension fund administered by retirement body.

At time of retirement, members can withdraw their provident fund amount in full and maintain annuity in the pension scheme by availing a Scheme Certificate.

According to the Employees' Pension Scheme 1995 (EPS 1995), all EPF members are eligible for pension when they reach 58 years of age. You can also choose to delay pension payments till you reach 60 years of age, by pausing contributions for two years (lumpsum earns 4% p...