Dear Sir,
I have been an employee at the National Heart Institute since August 1981. I am planning to retire in July 2015. My current basic pay is $12,700, DA is $13,589, and the total gross salary is $34,561.
Could you please let me know how much pension I will receive after retirement?
Thank you.
Best regards,
Shyambali Yadav
From India, Delhi
I have been an employee at the National Heart Institute since August 1981. I am planning to retire in July 2015. My current basic pay is $12,700, DA is $13,589, and the total gross salary is $34,561.
Could you please let me know how much pension I will receive after retirement?
Thank you.
Best regards,
Shyambali Yadav
From India, Delhi
Dear Shyambali Yadav,
Your Past Service Benefit for 14 years (till 16.11.95) - 105. Multiplying factor as per Table B - 4.485. Pension for Past Service - 105 x 4.485 = 471 - (1).
Pension w.e.f 16.11.1995 = pensionable service x pensionable salary / 70 = 19.63 x 7916.67 / 70 = 2220 - (2).
Total Pension, (1) + (2) = 471 + 2220 = 2691.
Abbas.P.S
From India, Bangalore
Your Past Service Benefit for 14 years (till 16.11.95) - 105. Multiplying factor as per Table B - 4.485. Pension for Past Service - 105 x 4.485 = 471 - (1).
Pension w.e.f 16.11.1995 = pensionable service x pensionable salary / 70 = 19.63 x 7916.67 / 70 = 2220 - (2).
Total Pension, (1) + (2) = 471 + 2220 = 2691.
Abbas.P.S
From India, Bangalore
this is indeed a great work done abbas. I request you to please share the table b also if you have got as the provided link is not working. this will be very helpful. thanks
From India, New Delhi
From India, New Delhi
Dear Harpreet Walia, Table B can be down loaded from EPFO. However I shall reproduce as under :- 51 51. Subs. by G.S.R. 438(E), dated the 10th June, 2008 Abbas.P.S
From India, Bangalore
From India, Bangalore
Hi, can you provide a calculation for EPS after the recent amendment? My DOB is 01.01.1963, and my date of joining is 28.08.1984. My basic salary as of 1995 was over 2500, and today it is more than 15000. If possible, could you create an Excel sheet for this information?
Dear Mr. B.K.Roy, Your past service benefit is 85x7.117 = 605 - (1) Pension for pensionable service is 15000x27.1224/70 = 5812 - (2) Total pension (1)+(2) = 6417 Abbas.P.S
From India, Bangalore
From India, Bangalore
Dear Sir,
I have retired from RINL, Vizag Steel on 30-06-2012 as AGM (Personnel). I joined VSP on 08-06-1977. My contributions for EPFS started from 01-11-1977. I had continuously worked without any breaks in my service until my retirement. Now, I would like to know the pension that I should receive after my retirement, considering my past service before 1995. Please send the calculation sheet as well. If you need further information, please let me know, and I will provide it.
Thank you,
Yours truly,
M Gurunadha Rao
mgurunadh@gmail.com
Mobile No. 9000828829.
From India, Visakhapatnam
I have retired from RINL, Vizag Steel on 30-06-2012 as AGM (Personnel). I joined VSP on 08-06-1977. My contributions for EPFS started from 01-11-1977. I had continuously worked without any breaks in my service until my retirement. Now, I would like to know the pension that I should receive after my retirement, considering my past service before 1995. Please send the calculation sheet as well. If you need further information, please let me know, and I will provide it.
Thank you,
Yours truly,
M Gurunadha Rao
mgurunadh@gmail.com
Mobile No. 9000828829.
From India, Visakhapatnam
Dear Abbas,
I trust you are doing well. I want to know if a person who has withdrawn an amount of PF accumulated and pension fund from their previous service due to unawareness of the rules can still be eligible for continuous service. After leaving the initial job, the person joined a new organization but has not completed more than 5 years of service there. At the time of leaving the initial job, the individual had about 5 years of service. Is it possible for them to accumulate both the services, old and new, and be eligible for the pension scheme?
I would appreciate it if you could let me know. If the answer is yes, please share the process for how the person should proceed in this regard.
Regards,
AG
From India, Gurgaon
I trust you are doing well. I want to know if a person who has withdrawn an amount of PF accumulated and pension fund from their previous service due to unawareness of the rules can still be eligible for continuous service. After leaving the initial job, the person joined a new organization but has not completed more than 5 years of service there. At the time of leaving the initial job, the individual had about 5 years of service. Is it possible for them to accumulate both the services, old and new, and be eligible for the pension scheme?
I would appreciate it if you could let me know. If the answer is yes, please share the process for how the person should proceed in this regard.
Regards,
AG
From India, Gurgaon
Monthly pension=( Pensionable salary*Pensionable service)/70 Why it is divided by 70? no 80 or 60. Ashutosh Srivastava
From India, Mumbai
From India, Mumbai
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