EPS Full Form: What Does EPS Stand For?
Do you want to know what is full form of EPS is? Then, here you will come to know what Does EPS stand for? Also all possible Full Form of EPS.
EPS Full Form
The term EPS has many full forms, but out of which most relevant full form is-
EPS Full Form is – Employees Pension Scheme
The full form of EPS is “Employees Pension Scheme”. As we know that 12% of the basic salary and DA of the employees working in the company is deposited in EPF (Employees Provident Fund), and the same (12%) is also deposited by the EMPLOYER (Employer). Still, Very few people know that this EPS (Employees Pension Scheme) is also deposited in pension. Out of the 12% EPF deposited by the EMPLOYER (employer), 8.33 per cent goes to the EPS account, and it is received as a pension by the employee after attaining the age of 58 years. This is called EPS (Employees Pension Scheme).
But for this, there are some rules under EPS-95 such that the employee has to be a participant of EPF for at least nine years five months; that is, if any employee is employed in any company for 9.5 years or more, then he will be eligible for EPS. Becomes entitled and can apply for a pension on attaining the age of 58 years and can take advantage of this scheme. At present, 8.33 percent of the 12% EPF deposited by the employer is deposited in EPS, But the government is now trying to bring a voluntary pension scheme, under which the employee can get more pension than the currently employed pension, so let’s know more about pension in this block today.
How much money gets deposited in EPS?
As we mentioned that 12% from Basic Pay (BASIC) and DA of each employee is deposited in EPF and the same 12% is deposited by the employer of which 8.33 percent is deposited in EPS.
Who can take the benefit of EPS?
All employees who are associated with any organization sector and participate in EPF from their salary per month can take advantage of this scheme. If they work for 9.5 years or more in any one organization, then 58 years Can take advantage of pension on attaining the age of age, or if his tenure is less than this, he can withdraw the EPS deposited in his pension under EPF along with EPF.
What is Time limit to get the benefit of EPS?
Suppose an employee has contributed more than 9.5 years in EPF. In that case, he becomes eligible to benefit from pension, which is given EMPLOYEES PENSION SCHEME CERTIFICATE after the age of 58 years and by this certificate, he can get the use of a pension. If his tenure is less than 9.5 years, then he can withdraw EPS money under EPF.
How To Calculate EPS?
Calculation of EPS (EMPLOYEES PENSION SCHEME) Pension
Pension under the pension scheme is calculated with the help of this formula – the total number of years of work of the employee multiplied by the pensionable amount divided by 70
Suppose an employee is a participant in EPF in an organization for 15 years and his pensionable amount is ₹7000. So 7000 times 15 divided by 70
Highlights of EPS (EMPLOYEES PENSION SCHEME) Pension
If an employee is a participant of EPF in any organization for more than 9.5 years, then he is eligible for EPS pension.
At the age of 58, if the employee is employed or is unemployed, then in both these situations, one can take the benefit of pension.
The pensioner will get this pension for life, and after his death, his spouse and two children whose age is less than 25 years will get it.
The pensioner can ensure who gets the pension after his/her death.
What is EPS Full Form in Cars?
Electric Power Steering
What Does EPS Stand For?
EPS stands for – Earnings Per Share
Earnings Per Share (EPS) is a financial measure equal to the ratio of the company’s net profit available for distribution to the average annual number of common shares.
Earnings per share is one of the main financial indicators used to evaluate a company on the stock market, to compare the investment attractiveness of companies and their effectiveness.
In order to calculate EPS correctly, it is important to determine the number of shares used in the denominator, taking into account all the changes in their composition during the year, as well as taking into account the effect of capital dilution.
The formula for calculation:
EPS (Profit – Dividends on Preferred Shares) / Number of Common Shares
What is Full Forms of EPS
Now, here is the complete Full-Form list of the term EPS.
|Sr. No.||Term||Category||EPS Full Form|
|1||EPS||India||Employees Pension Scheme|
|2||EPS||Stock Exchange||Earnings Per Share|
|3||EPS||Educational||Early Periodic Screening|
|5||EPS||Engineering||Early Production Scheme|
|6||EPS||Oilfield||Early Production System|
|9||EPS||Uncategorized||Ears Palms And Soles|
|10||EPS||Academic & Science||Earth and Planetary Science|
|11||EPS||Educational||Earth and Planetary Sciences|
|13||EPS||Schools||Edmond Public Schools|
|14||EPS||Schools||Edmonton Public Schools|
|15||EPS||Companies or Organizations||Educators Publishing Service|
|16||EPS||Uncategorized||Elbow Plating System|
|17||EPS||Health||Electoral Profile System|
|18||EPS||Educational||Electric Power Steering|
|19||EPS||Technology||Electric Power System|
|20||EPS||Automotive||Electric Propulsion System|
|21||EPS||Educational||Electrical Power Source|
|22||EPS||Cosmos||Electrical Power Sub-system|
|23||EPS||Electrical Engineering||Electrical Power System|
|24||EPS||Pharmaceutical||Electro Physiological Study|
|25||EPS||Science Fiction||Electro Plasma System|
|26||EPS||Automotive||Electronic Parking System|
|27||EPS||Educational||Electronic Payment for Shares|
|28||EPS||Information Technology||Electronic Payment Service|
|29||EPS||Accounting||Electronic Payment System|
|30||EPS||Educational||Electronic Payments Statements|
|31||EPS||Normal Business||Electronic Point of Sale|
|34||EPS||Automotive||Electronic Power Shift|
|35||EPS||Technology||Electronic Power Steering|
|36||EPS||Automotive||Electronic Power System|
|37||EPS||Automotive||Electronic Precision Shift|
|38||EPS||Information Technology||Electronic Prepaid System|
|39||EPS||Medical||Electronic Prescription Service|
|40||EPS||Companies or Organizations||Electronic Printing Systems, Incorporated|
|41||EPS||Information Technology||Electronic Programming System|
|42||EPS||Educational||Electronic Publishing Services|
|45||EPS||Information Technology||Elementary Procedures|
|46||EPS||Clothing||Elizabeth's Percentage System|
|47||EPS||Schools||Elkhorn Public Schools|
|48||EPS||Uncategorized||Email Parsing System|
|49||EPS||Information Technology||e-Mail Postal Software|
|50||EPS||Information Technology||e-Mail Preference Services|
|51||EPS||Information Technology||Email Processing System|
|52||EPS||Information Technology||e-Mail Proxy Server|
|54||EPS||Technology||Emergency Power Supply|
|55||EPS||Computing||Emergency Power System|
|56||EPS||Pharmaceutical||Emergency Pregnancy Service|
|57||EPS||Pharmaceutical||Emergency Psychiatric Services|
|58||EPS||Educational||Emergency Pump System|
|59||EPS||Psychiatry||Emotional Processing Scale|
|60||EPS||Employment||Employee Pension Scheme|
|61||EPS||Uncategorized||Employment Permit System|
|62||EPS||Business||Empty Payment Submission|
|63||EPS||Information Technology||Encapsulated Post Script|
|65||EPS||Printing||Encapsulated PostScript File|
|66||EPS||Educational||Encapsulated PostScript image format|
|67||EPS||Nephrology||Encapsulating Peritoneal Sclerosis|
|68||EPS||Uncategorized||End Plug Survey|
|69||EPS||Funny||Energetic Possums Sterile|
|70||EPS||Energy||Energy and Power Solutions|
|71||EPS||Information Technology||Energy Panel Structure|
|72||EPS||Energy||Energy Panel Structures|
|73||EPS||Energy||Energy Performance Score|
|74||EPS||Army||Energy Projectile System|
|75||EPS||Medical||Enforcement Policy Statement|
|76||EPS||Automotive||Engine Position Sensor|
|77||EPS||Automotive||Engine Protection System|
|78||EPS||Transportation||Engineered Performance Standards|
|79||EPS||Uncategorized||Engineered Polymer Solutions|
|80||EPS||Uncategorized||Engineered Propulsion Systems|
|81||EPS||Technology||Enhanced Polar System|
|82||EPS||Pharmaceutical||Enhanced Probiotic System|
|83||EPS||Information Technology||Enterprise Platforms Support|
|84||EPS||Uncategorized||Enterprise Project Structure|
|85||EPS||Uncategorized||Entity Profile System|
|86||EPS||Information Technology||Entry Power Supply|
|87||EPS||Structural||Environmental Performance Statement|
|88||EPS||Environmental||Environmental Planning Specialists|
|89||EPS||Structural||Environmental Planning Statement|
|91||EPS||US Government||Environmental Priority Strategies|
|92||EPS||Information Technology||Epson Printer font|
|93||EPS||Athletics||Equalised Performance Sailing|
|94||EPS||Information Technology||Error Programmer's Sequence|
|95||EPS||Pharmaceutical||Essential Pregnancy Services|
|96||EPS||United Nations||Essential Programs And Services|
|97||EPS||Information Technology||Ethernet Print Server|
|98||EPS||Uncategorized||Ethnic Programs and Services|
|99||EPS||Companies or Organizations||European Parts Specialists|
|100||EPS||Educational||European Physical Society|
|101||EPS||Local - European||European Politics and Society|
|102||EPS||Educational||European Project Semester|
|103||EPS||Educational||European Project Seminar|
|104||EPS||Structural||European Protected Species|
|105||EPS||Educational||Evangelical Philosophical Society|
|106||EPS||Information Technology||Event Protocol Sharing|
What is EPS Full Form in Banking?
Earnings Per Share
What is EPS Full Form in Medical?
Intracardiac Electrophysiology Study
What is EPS Full Form in Computer?
What is EPS Full Form in Stock Market?
Earnings Per Share
I hope you get what you want to know about EPS. If you want to know the full forms of other term, then please ask by comments or email. Your valuable comments are always welcome.