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Dear Rajesh,
the maximum no of years service is 58-18 = 40 yrs
Maximum EPS wages Rs. 15000/-
If member joins services on Completion of age 18 yrs, e.g. June 2001 and will retire on June 2041, without any break,as well as his average EPS wages are Rs. 15000/-, at present rate his pension will be:
15000/70 * 40 = 8571/-
Thanks,
Vidyadhar Bhat
From India, Pune
the maximum no of years service is 58-18 = 40 yrs
Maximum EPS wages Rs. 15000/-
If member joins services on Completion of age 18 yrs, e.g. June 2001 and will retire on June 2041, without any break,as well as his average EPS wages are Rs. 15000/-, at present rate his pension will be:
15000/70 * 40 = 8571/-
Thanks,
Vidyadhar Bhat
From India, Pune
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