No Tags Found!

Sharma Vinod
1

Hello everybody,
I am working in an MNC and i want to know , how to calculate the pension in the current accumulation and of PF and EPF Ammount and no. of years of service. Also would like to know , how superannuation ammount contribution is helping in pension.
Regards
Vinod

From India, Pune
sandhya_kumari@sify.com
6

Halo,
From Employee 12% of Basic say Rs 1200000 x 12% goes to Provident fund .
From Employer Side 8.33% of Basic goes to Pension and 3.67% of basic goes to Provident fund but if basic is more than 6500 then pension is not more than Rs.541/- suppose if basic is 1200000 then as per 12 % of 1200000 is 144000 . out of this 541 goes to pension which is fixed and rest of amount i.e.143459 goes to provident fund.
I hope this will clear your doubts.
Regards
Sandhya

From India, Ranchi
lakshmi87*
54

Hi
Do you mean Pension calculation?
please find pension monthly : pensionable salary X pensionable service / 70
eg: pensionable salary (max 6500) X 35 yrs (no of year of pensionable service) / 70
hope your query clarified

From India, Hyderabad
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.