Understanding Pension Scheme Contribution, Withdrawal Age, and Rules - CiteHR
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Curious About Pension Schemes? Learn About Contribution Limits and Withdrawal Rules


I would like to know what is the minimum amount for the contribution of a pension and what is the age limit for withdrawing the amount from a pension scheme. Also, what are the other rules for a pension scheme.

Regards

541068
From India, Mumbai
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To avail pension at the age of 50 years, there are two conditions:

1. He should not be continued in PF-applicable service while claiming pension.
2. For every year below 58 years, 4% will be deducted from the pension amount.

Abbas
From India, Bangalore
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Related Files & Downloads Shared By Members
 PF & Pension Amdmt Scheme 2010 for IW.pdf
 Amendment in Employees Pension Scheme, 1995.pdf
 Employee Pension Scheme, 1995.doc


CiteHR (HR Discussions, Policies & Compliance) (Entry: 249434)

India, Mumbai
25 April 2010 09.52.05 AM
Views: 1741 Replies: 2 Appreciations: 0

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