Retirement
Pension
A regular income paid to you after retirement, from a government scheme, employer, or annuity.
A pension is steady income in retirement, once your salary stops. It can come from EPS, an annuity, or a government scheme.
Most Indian pensions are modest, so relying on them alone is risky.
The reliable path is building your own corpus through EPF, PPF, NPS, and equity investing, then generating income from it.
For example
Rather than depending on a small EPS pension, most people need a self-built corpus and an SWP or annuity to fund retirement.