Hi all,
I have received a scheme certificate from the EPFO office upon the submission of the filled Form 10C. Please let me know how I will benefit upon reaching the age of 58, or how my family will benefit in the event of my death. What is the amount I will receive in a lump sum or monthly if I am alive, or what amount my family members will receive?
If anyone knows, please guide me.
From India, Mumbai
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I have received a scheme certificate from the EPFO office upon the submission of the filled Form 10C. Please let me know how I will benefit upon reaching the age of 58, or how my family will benefit in the event of my death. What is the amount I will receive in a lump sum or monthly if I am alive, or what amount my family members will receive?
If anyone knows, please guide me.
From India, Mumbai
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Hi,
The amount depends on your period of service, whether it is 10 years or more. You can choose to receive your pension either upon attaining the age of 58 or opt for a reduced pension at the age of 50 years. Pension disbursement will typically be on a monthly basis, and in the event of the member's demise, the nominee will receive the pension.
Thank you.
From India, Madras
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1015The amount depends on your period of service, whether it is 10 years or more. You can choose to receive your pension either upon attaining the age of 58 or opt for a reduced pension at the age of 50 years. Pension disbursement will typically be on a monthly basis, and in the event of the member's demise, the nominee will receive the pension.
Thank you.
From India, Madras
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Hi, Thank you for the explanation, however I have still some confusion. Attached is the document received from EPFO office. Please go through the same and guide.
From India, Mumbai
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From India, Mumbai
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Hi,
Yes, it is very clear. You have not shared your current age. If you join any organization that comes under the purview of the PF Act, you need to surrender the scheme certificate to the concerned PF Office through HR to continue pension contributions in the same PF number.
From India, Madras
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Yes, it is very clear. You have not shared your current age. If you join any organization that comes under the purview of the PF Act, you need to surrender the scheme certificate to the concerned PF Office through HR to continue pension contributions in the same PF number.
From India, Madras
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My age is 41 and i do not have job now, so wanted to know if i do not get job further what will be the benefit of this scheme to me and from what age ? please advise.
From India, Mumbai
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From India, Mumbai
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Compulsory Submission Of Life Certificate Or Digital Jeevan Pramaan For Pension Benefits.pdf