I need help with a reduced rate pension. Is it beneficial to claim this now or to wait until completion of 58 years? How is it calculated? Why is it divided by 70 in the calculation of the pension amount?
I have completed my 15 years of service recently and now I have resigned from my current employment. My gross is 25K, so I would like to know about my pension after retirement at the age of 58.
Regards,
Mannu Swalkar
From India, Dehradun
Acknowledge(0)
Amend(0)
CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Pension calculation - xls download [thread 301488] Dear sir i joined himalaya drug co. on 1st april 1984 and in november 1995 my basic salary was rs 4185/ . i left the company on 30th april 2010... 8 Replies1 Files5 Participants