The Employee Pension Scheme (EPS) is a retirement plan that helps employees get a monthly pension after they turn 58. Both ...
Earnings per share is the quotient of a company's net income divided by the number of shares of stock it has outstanding. In other words, EPS is a company's profit expressed on a per-share basis.
The EPFO calculates the pension amount on a pro-rata basis, splitting the service period into pre and post 1 September 2014 ...
The formula for P/E ratio is as follows ... Firstly, we’ll calculate the earnings per share (EPS) by using the earnings figures and the number of outstanding shares issued.
As per the EPS pension formula (Pensionable salary X years of service/70), the monthly pension will be Rs 17142.8571429. However, there is a capping on monthly pensionable salary, so the contributor ...