It’s not just you; your family also receives a pension after you—discover 5 hidden benefits of EPS..

The Employees' Pension Scheme (EPS) is designed not only to provide a pension after retirement but also to offer financial security to the family members of EPF subscribers. The scheme includes provisions—subject to certain conditions—for spouses, children, nominees, and even dependent parents. Let us look in detail at five key benefits available to the family under the EPS scheme:

Widow/Widower Pension
In the event of an EPS member's death, the surviving spouse is entitled to a monthly widow or widower pension. This benefit is payable following the death of an eligible EPS member, provided the deceased had worked in an establishment covered under the EPF and either passed away during service or had contributed to the EPF for at least one month. The pension continues until the spouse's death or remarriage, whichever occurs first. If there is more than one eligible widow, the pension is granted to the eldest widow first.

Children's Pension
Children of the deceased EPS member receive a monthly pension in addition to the widow/widower pension. This benefit is available for a maximum of two eligible children at a time and is payable until the child attains the age of 25. Children with permanent disabilities may continue to receive the pension beyond this age limit, subject to the scheme's conditions.

Orphan Pension
In the absence of a surviving spouse, eligible children may receive a monthly orphan pension. This pension is available for a maximum of two eligible children at a time and is payable until the child turns 25.

Nominee Pension
Nominee pension is available in limited circumstances where the deceased member has no eligible spouse or children. It primarily applies to unmarried members or those without eligible family members. A valid nomination is required to avail of this benefit. If the member subsequently acquires an eligible family, any previous nomination becomes invalid under the scheme. 

Pension for Dependent Parents
The EPS scheme also provides support to dependent parents. It ensures financial assistance for dependent parents when there is no other eligible beneficiary in the family. This benefit is available only in the absence of an eligible spouse, child, or valid nominee. Under the scheme's provisions, the pension is granted first to the dependent father and subsequently to the dependent mother.

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