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.
Below, we explain the formula used to calculate the pension amount you can expect after retirement. Understanding the EPS Pension Calculation Formula The pension amount under EPS is determined ...
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 ...