Our organistion is deduction the PF as per govt rules, but the fund deposited by our organisation in the pension fund is Rs. 541/- and balance amount is transfered to our PF account. In this case how much pention I can get, if I retire by 2022.
From India, New Delhi
From India, New Delhi
517
I am extremely sorry for the delay in reply as do not get any reply or indicaiton while logging in. Just today i seen your query.
DOB. 07011964.
DOJ . 01041986.
Salary on 16.11.1995 = 15,000/pm.
Break in service:- nil.
From India, New Delhi
DOB. 07011964.
DOJ . 01041986.
Salary on 16.11.1995 = 15,000/pm.
Break in service:- nil.
From India, New Delhi
Dear Rajiv K Mehta,
Your Past Service benefit (up to 16.11.95) slab is 85 and multiplying factor as per table B is 7.686. Hence benefit is 85 x 7.686 = 653 - (1)
Pensionable service w.e.f 16.11.1995 is 27 years (approx.) and with 2 yrs bonus is 29 years. Pensionable salary is salary x service / 70 = 15000 x 29/70 = 6214 - (2)
Total pension is (1) + (2) = 653 + 6214 = 6867
Abbas.P.S
From India, Bangalore
Your Past Service benefit (up to 16.11.95) slab is 85 and multiplying factor as per table B is 7.686. Hence benefit is 85 x 7.686 = 653 - (1)
Pensionable service w.e.f 16.11.1995 is 27 years (approx.) and with 2 yrs bonus is 29 years. Pensionable salary is salary x service / 70 = 15000 x 29/70 = 6214 - (2)
Total pension is (1) + (2) = 653 + 6214 = 6867
Abbas.P.S
From India, Bangalore
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PF & Pension Amdmt Scheme 2010 for IW.pdf