I have resigned after 7 years of service and applied for the EPS withdrawal and received 49,000 Rs as EPS. EPS contributions are as follows:
2011: 6492 Rs
2012: 6492 Rs
2013: 6492 Rs
2014: 8192 Rs
2015: 11516 Rs
2016: 15000 Rs
2017: 15000 Rs
2018: 7500 Rs
Total of 7 years 3 months, and a contribution of 76,684 Rs. What would be the EPS withdrawal as per the Tabled D?
From India, Bengaluru
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12011: 6492 Rs
2012: 6492 Rs
2013: 6492 Rs
2014: 8192 Rs
2015: 11516 Rs
2016: 15000 Rs
2017: 15000 Rs
2018: 7500 Rs
Total of 7 years 3 months, and a contribution of 76,684 Rs. What would be the EPS withdrawal as per the Tabled D?
From India, Bengaluru
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In addition, In last 3 years 1250rs were contributed for EPS every month.
From India, Bengaluru
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From India, Bengaluru
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follow the passbook, as EPS claim is not entertained at present, but payable at 58+ of age only
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Dear Friend,
If an employee has not completed 10 years in service, he can either withdraw the EPS amount or take the 'scheme certificate'. If he is still working but hasn't completed 10 years, this, however, is not possible. He can apply only after he has quit his job, i.e., before joining another company (60 days gap is a must to apply for final settlement).
Calculation is last Basic + DA drawn * Proportion of wages as per Table D. If your last Basic + DA is 15,000, then the calculation is = 15,000 * 7.13. Please go through the attachment of Table D.
From India, Mumbai
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If an employee has not completed 10 years in service, he can either withdraw the EPS amount or take the 'scheme certificate'. If he is still working but hasn't completed 10 years, this, however, is not possible. He can apply only after he has quit his job, i.e., before joining another company (60 days gap is a must to apply for final settlement).
Calculation is last Basic + DA drawn * Proportion of wages as per Table D. If your last Basic + DA is 15,000, then the calculation is = 15,000 * 7.13. Please go through the attachment of Table D.
From India, Mumbai
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Employee Pension Scheme, 1995.doc
Form10C.PDF for Employee Pension Scheme 1995.PDF