EPS Scheme 2026: 5 key pension benefits for the family every EPF subscriber should know
The Employees’ Pension Scheme (EPS) is designed not only to provide a pension after retirement but also to offer financial protection to an EPF subscriber’s family members.
The scheme includes provisions for spouses, children, nominees, and even dependent parents, subject to specified conditions.
Here are five important family benefits available under the EPS Scheme:
1. Widow pension
If an EPS member dies, the surviving spouse is entitled to a monthly widow or widower pension.
2. Child pension
Children of a deceased EPS member will also receive a monthly pension in addition to the widow pension.
- Available for up to two eligible children at a time.
- Payable until the child turns 25 years of age.
- Children with permanent disabilities may continue to receive the pension beyond the age limit, subject to the scheme’s conditions.
3. Orphan Pension
If there is no surviving spouse, eligible children can receive a monthly orphan pension.
- Available for up to two eligible children at a time.
- Payable until the child turns 25 years of age.
4. Nominee pension
A nominee pension is available in limited situations where the deceased member did not have an eligible spouse or child.
5. Dependent parent pension
The EPS Scheme also provides support to dependent parents. It ensures financial support for dependent parents when no other eligible family beneficiary exists.
- Available only if there is no eligible spouse, child, or valid nominee.
- Pension is paid first to the dependent father and thereafter to the dependent mother, as provided under the scheme.
Disclaimer: This is for informational purposes only. Please visit the official website for the latest laws and regulations, or consult a qualified expert.
