Monthly pension under the Employees' Pension Scheme sets eligibility, early pension reduction, deferred pension, and minimum pension safeguards. Monthly pension under the Employees' Pension Scheme, 2026 covers superannuation pension, early pension, deferred pension, and the treatment of members who exit before superannuation. A member with at least ten years of eligible service is entitled to pension on retirement at superannuation age or on earlier cessation of employment, with pension computed by formula for non-existing members and subject to wage-ceiling limits, minimum pension floors, and pro rata treatment for each wage-ceiling period. Early pension is available from fifty years of age with a reduction of four per cent for each year below superannuation age.
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Provisions expressly mentioned in the judgment/order text.
Monthly pension under the Employees' Pension Scheme sets eligibility, early pension reduction, deferred pension, and minimum pension safeguards.
Monthly pension under the Employees' Pension Scheme, 2026 covers superannuation pension, early pension, deferred pension, and the treatment of members who exit before superannuation. A member with at least ten years of eligible service is entitled to pension on retirement at superannuation age or on earlier cessation of employment, with pension computed by formula for non-existing members and subject to wage-ceiling limits, minimum pension floors, and pro rata treatment for each wage-ceiling period. Early pension is available from fifty years of age with a reduction of four per cent for each year below superannuation age.
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