Most people’s dream beyond working is to spend their retirement comfortably and peacefully without financial stress. But it requires huge fund raising. Did you know that regular contributions to a government pension scheme EPFO ​​account can create a corpus of crores for you? One can build up a corpus of crores during retirement by considering the contribution started in PF with a fixed salary and increases with the increase in salary. How can crores of rupees be deposited in the PF account with the help of calculation? Let’s understand about it. If your total monthly salary is Rs. 50 thousand, and contribute 12 percent per month to a PF account, your age is 30 years, you get 8.1 percent interest from the government. Considering a 5 percent increase in your salary annually till retirement Rs. can collect a corpus of 2,53,46,997. Which makes your retirement easy and peaceful. Any employer contributes 12 percent of the employee’s equivalent salary to the employee’s PF account. You can also increase the contribution. Also 8.25 percent interest per annum is fixed on the amount deposited in PF. EPFO also provides pension to employees after retirement. As per EPFO ​​rules, any employee becomes entitled to pension after completing 10 years of service. The scheme guarantees pension benefits to eligible employees who reach the age of 58 years. A tenure of 9 years and 6 months is also considered equivalent to 10 years. The employee’s entire share is deposited in the PF account, while 8.33 percent of the employer’s share is deposited in the Employees’ Pension Scheme (EPS) and 3.67 percent is deposited in the EPF.