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Dear Divakar,
As per my knowledge in case of transfer of EPS, the scheme certificate (Membership period/duration) is provided which will continue the membership of employee as member and accordingly employee gets eligible for pension after attaining 10 years as member.
As monthly pension is calculated as (Pensionable Salary X pensionable Service / 70) & does not depends on amount accumulated in EPS Account.
Seniors please correct if I am wrong.
Thanks & regards,
Jaspal Negi
From India, Mumbai
As per my knowledge in case of transfer of EPS, the scheme certificate (Membership period/duration) is provided which will continue the membership of employee as member and accordingly employee gets eligible for pension after attaining 10 years as member.
As monthly pension is calculated as (Pensionable Salary X pensionable Service / 70) & does not depends on amount accumulated in EPS Account.
Seniors please correct if I am wrong.
Thanks & regards,
Jaspal Negi
From India, Mumbai
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