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
Kindly furnish your Date of birth, Date of join in PF, salary on 16.11.95 (if applicable), break in service details (if applicable) also, for pension calculation. Abbas.P.S
From India, Bangalore
517From India, Bangalore
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