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The Full Form of EPS stands for Earnings Per Share. EPS is the ratio of net income to the total number of ordinary shares issued by the company. This is the ratio that generally indicates the profitability of the business. Investors, stakeholders, and analysts use the earnings per share calculator to gauge the performance of a company. What is the Employee Pension Scheme ( EPS )? The Pension scheme pays a pension to the employees who are members of EPFO and have contributed to the EPS account. On the death of an employee, pension continues to be paid to the nominee. Employee’s don’t contribute to the EPS account. Know the basics of the Employee Pension Scheme ( EPS ), its benefits, eligibility, types of pensions, and how to check your EPS balance easily. The full form of EPS is Employee Pension Scheme, a social security scheme under the Employees’ Provident Fund Organisation (EPFO). EPS provides pension benefits to employees after retirement, ensuring a steady income post-retirement.