state gov TSPSC Group 2 (తెలంగాణ గ్రూప్ 2) Mock Test Series General Knowledge Economy Industrial Sector
Which of the following statement is true about the Employees Pension Scheme?
1. It is run by EPFO for the employees of the organized as well as unorganized sector.
2. An employee contributes 12% of his/her salary towards EPF account, an equal amount is made by the employer, and the central government also contributes 1.16% of the employee’s salary.
3. Pension is received by the members on attaining 58 years of age and no provisional withdrawal benefit is available.
Choose the correct option:
1
2 only
2
1 and 2
3
2 and 3
4
1, 2 and 3