DEAR SIR
KINDLY SUGGEST ON BELOW POINT.
1.HOW MANY YEARS (after 58years)WE CAN GET PENIOSN UNDER EPF PENSION SCHEME?
-----life long and after death to family aslo ?.
2.Suppose if any one completed 12 years and left the job then
can he get all amt which deposited under pension scheme in one time if he refuse to get pension.
From
Raju Shriname
From India, Chicalim
5KINDLY SUGGEST ON BELOW POINT.
1.HOW MANY YEARS (after 58years)WE CAN GET PENIOSN UNDER EPF PENSION SCHEME?
-----life long and after death to family aslo ?.
2.Suppose if any one completed 12 years and left the job then
can he get all amt which deposited under pension scheme in one time if he refuse to get pension.
From
Raju Shriname
From India, Chicalim
Dear Raju,
First of all i would like to answer you that EPF Pension Scheme is life long and after the death of concerned person family members get that pension.
another thing is that according to EPF pension scheme minimum 20 years working job should be must, to get benefit.
From India, Ghaziabad
First of all i would like to answer you that EPF Pension Scheme is life long and after the death of concerned person family members get that pension.
another thing is that according to EPF pension scheme minimum 20 years working job should be must, to get benefit.
From India, Ghaziabad
Dear Raju,
Firstly I want to tell u that EPF Pension Scheme is life long and after the death of concerned person nominee members get that pension.
Second thing is that according to EPF pension scheme minimum 10 years working job should be must, to get benefit in a concern.
From India, Delhi
Firstly I want to tell u that EPF Pension Scheme is life long and after the death of concerned person nominee members get that pension.
Second thing is that according to EPF pension scheme minimum 10 years working job should be must, to get benefit in a concern.
From India, Delhi
QUOTE=Shweta Dhiman Dear Sweta ji! EPF pension scheme minimum 10 years working job should be must, to get benefit.
From India, Delhi
From India, Delhi
Dear Shwethaji,
Please note New Employees Pension scheme is introduced in 1995. Those who put more than 10 years service after 1995 cannot withdraw the amount. They have to opt for Scheme Certificate only. After attaining 58 years of age they have to submit Scheme certificate and apply for pension. Employee will get pension for entire life period. After his death his family members also get pension as per nomination given.
You can download Employees Pension Scheme from EPFO Website for reference.
Regards,
S.Vaitheeswaran
From India, Bangalore
Please note New Employees Pension scheme is introduced in 1995. Those who put more than 10 years service after 1995 cannot withdraw the amount. They have to opt for Scheme Certificate only. After attaining 58 years of age they have to submit Scheme certificate and apply for pension. Employee will get pension for entire life period. After his death his family members also get pension as per nomination given.
You can download Employees Pension Scheme from EPFO Website for reference.
Regards,
S.Vaitheeswaran
From India, Bangalore
and what about his pension fund deposited between 10to15 service. can he lost his fund? from Raju shriname
From India, Chicalim
From India, Chicalim
All the contribution made to the pension fund goes to the corpus. Nothing is lost. The pension one gets does not depend on the contribution one made to the fund. It depends upon the length of qualifying service (the more service you put in the more pension you get) and the average emoluments (the greater the emoluments more the pension).
From India, Madras
From India, Madras
Dear friends,
1. Regarding member, pension is life long. Regarding widow/widower, pension is either up to death or remarriage; which take place earlier. Regarding children, in normal case upto 25 years. In case of permanent disabled and mentally retarded children, pension is life long.
2. Those complete 9 years and six months will have no options other than availing pension. If the service is less than 9 years and six months and not below six months, one time withdrawal benefit in accordance with Table D and average salary of last twelve month on which pension being contributed will be paid.
Abbas.P.S
From India, Bangalore
1. Regarding member, pension is life long. Regarding widow/widower, pension is either up to death or remarriage; which take place earlier. Regarding children, in normal case upto 25 years. In case of permanent disabled and mentally retarded children, pension is life long.
2. Those complete 9 years and six months will have no options other than availing pension. If the service is less than 9 years and six months and not below six months, one time withdrawal benefit in accordance with Table D and average salary of last twelve month on which pension being contributed will be paid.
Abbas.P.S
From India, Bangalore
After 9.6 years service cannot withdraw the amount. They have to opt for Scheme Certificate only. After attaining 58 years of age they have to submit Scheme certificate and apply for pension. Employee will get pension for entire life period. After his death his wife get pension upto alive or remarriage and his two children upto age of 25 years.
Regards
Yogendra Chavda
From India, Ahmedabad
Regards
Yogendra Chavda
From India, Ahmedabad
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PF & Pension Amdmt Scheme 2010 for IW.pdf