Dear sir My name is sanjay Patki i am working in Philips electronocs india ltd vadododara . i have completed 58 years of my service in July 2014. & now iam still working in Philips till my 60 years completion it will be completed july 2016 .
As per gove rule of pension afte 58 year i want to claim pension . My total service is 32 years iam member of pf from 01.07.1982 . mY DATE OF bIRTH IS 10.07.1956. IN PENSION SCHEDME 1995 i COMPLETED 19 YEARS . & BEFORE PENSION C=SCHEME MY SERVICE IS 13 YEARS . mY bASIC SALARY IS 12550 RS AT PRESENT kINDLY CONFIRM HOE MUCH MONTHLY PENSION I WILL RECEIVED . SANJAY PATKI
From Hong Kong, Central District
1As per gove rule of pension afte 58 year i want to claim pension . My total service is 32 years iam member of pf from 01.07.1982 . mY DATE OF bIRTH IS 10.07.1956. IN PENSION SCHEDME 1995 i COMPLETED 19 YEARS . & BEFORE PENSION C=SCHEME MY SERVICE IS 13 YEARS . mY bASIC SALARY IS 12550 RS AT PRESENT kINDLY CONFIRM HOE MUCH MONTHLY PENSION I WILL RECEIVED . SANJAY PATKI
From Hong Kong, Central District
Dear Sir
Pl recalculate the pension on below details
Date of birth 10.07.1956
PF Joining date jan 1977
Baisc salary 10510/month
Total past service 17 years
Pentionable service 19 yeras & 4 months
Pl revert At theearliest
Sanjay pATKI
I want to show the calculation to pf representative .
Pl calcu
From Hong Kong, Central District
Pl recalculate the pension on below details
Date of birth 10.07.1956
PF Joining date jan 1977
Baisc salary 10510/month
Total past service 17 years
Pentionable service 19 yeras & 4 months
Pl revert At theearliest
Sanjay pATKI
I want to show the calculation to pf representative .
Pl calcu
From Hong Kong, Central District
Dear Sir
I have received pension amount is 2266 /p.m.
Sir Pl i am not happy with this amount i am giving you a details pl help me to calculate the pension .
My Basic salary is 10510 /month
Date of Birth 10.07.1956
Pensinavle salary 19 years
Past service 18 Yeras
Total service is 38 Yeasr
I have join pf in the year 1978
With Regards
Sanjay Patki
From Hong Kong, Central District
I have received pension amount is 2266 /p.m.
Sir Pl i am not happy with this amount i am giving you a details pl help me to calculate the pension .
My Basic salary is 10510 /month
Date of Birth 10.07.1956
Pensinavle salary 19 years
Past service 18 Yeras
Total service is 38 Yeasr
I have join pf in the year 1978
With Regards
Sanjay Patki
From Hong Kong, Central District
Dear Sir
I have received pension amount is 2266 /p.m.
Sir Pl i am not happy with this amount i am giving you a details pl help me to calculate the pension .
My Basic salary is 10510 /month
Date of Birth 10.07.1956
Pensinavle salary 19 years
Past service 18 Yeras
Total service is 38 Yeasr
I have join pf in the year 1978
With Regards
Sanjay Patki
From Hong Kong, Central District
I have received pension amount is 2266 /p.m.
Sir Pl i am not happy with this amount i am giving you a details pl help me to calculate the pension .
My Basic salary is 10510 /month
Date of Birth 10.07.1956
Pensinavle salary 19 years
Past service 18 Yeras
Total service is 38 Yeasr
I have join pf in the year 1978
With Regards
Sanjay Patki
From Hong Kong, Central District
Dear Stephen,
I cannot follow your calculation of PF. You have taken the full service for pension calculation. Actually, his pensionable service is 19 years, ie, from Nov, 1995, the date on which the pension scheme was introduced to July 2014, the date of attaining 58 years of age.
Again, the pension is not calculated on the entire salary that he was drawing at the time of retirement or average of the same for the last one year as you have taken, but it is restricted to Rs 6500 wherever, the PF qualifying salary is more than 6500. (Since Sept 2014, this has become Rs 15000) Therefore, the pensionable salary should be taken as Rs 6500 and not Rs 12550. The pension will be Rs 1764. Since he had a past service of 13 years, he will get a past service benefit calculated as per a separate schedule for this. This will be around Rs 400.
Madhu.T.K
From India, Kannur
I cannot follow your calculation of PF. You have taken the full service for pension calculation. Actually, his pensionable service is 19 years, ie, from Nov, 1995, the date on which the pension scheme was introduced to July 2014, the date of attaining 58 years of age.
Again, the pension is not calculated on the entire salary that he was drawing at the time of retirement or average of the same for the last one year as you have taken, but it is restricted to Rs 6500 wherever, the PF qualifying salary is more than 6500. (Since Sept 2014, this has become Rs 15000) Therefore, the pensionable salary should be taken as Rs 6500 and not Rs 12550. The pension will be Rs 1764. Since he had a past service of 13 years, he will get a past service benefit calculated as per a separate schedule for this. This will be around Rs 400.
Madhu.T.K
From India, Kannur
Dear Madhu
Till I donot under stand Above Clerification About Pension
In JULY 14 CELEING LIMIT for Pensinable Salary was 6500 & From 1st September 14 Sealing was 15000 Rs . I thing That Pensinable salry will calculate as below For July & August calculation Bse will be 6500 Rs & From 1 st september Pensinable salary will be 10510 as per everage last six month salary
1 For July & august t 6500 x2/70 = 185 Rs
2 From 1 st sept to onwards 10510 x17 /70 = 2552
Total pensinable salary will be 2737 /month + Past sevice salary as per calculatiom
Pl confirm
With Best Regards
Sanjay Patki
From Hong Kong, Central District
Till I donot under stand Above Clerification About Pension
In JULY 14 CELEING LIMIT for Pensinable Salary was 6500 & From 1st September 14 Sealing was 15000 Rs . I thing That Pensinable salry will calculate as below For July & August calculation Bse will be 6500 Rs & From 1 st september Pensinable salary will be 10510 as per everage last six month salary
1 For July & august t 6500 x2/70 = 185 Rs
2 From 1 st sept to onwards 10510 x17 /70 = 2552
Total pensinable salary will be 2737 /month + Past sevice salary as per calculatiom
Pl confirm
With Best Regards
Sanjay Patki
From Hong Kong, Central District
Shaaaameee on the age old britishers time calculations ... A person doing soooooo many years day and night will hardly get 1500 to 1900 rs as pension which is not even sufficient to get one gas cylender in a month... Than what matti he will eat in his old age if he survives with his spouse.. What amount he will spend on his treatments ... Whereas our dirty politicians who serve just 5 years were provided excellent benefits till his death...shaaaaaaammmmeeee on these dirty politicians, they are just supporting dirty corporates by taking crores of crores party funds by sucking we poor employees....shaaaammmeee if we employees just shut our mouth and allow to suck our blood these dirty politicians & corporates have no curtesy even to sell our blood and make crores out of it
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