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Dear All, Could you please help me to understand about PF pension calculations.?
How to calculate my pension amount against my deduction?
From India, Pune
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Dear friend,
Furnish your details viz. Date of birth, Date of Join in EPF, salary details on 16.11.95, on 31.08.2014 & 01.09.2014 etc.
Abbas.P.S
From India, Bangalore
As one of our employee age is about 28 years and he is drawing about 17969/- and paying contribution Rs.1116/- per month and he got about 2 years experience and his basic is about 9300/-. After 58 years, how much pension he will get?
From India, Pune
Dear friend,
We don't know after 30 years what will happen.
Abbas.P.S
From India, Bangalore
Formula for Calculation of EPS:
EPS Wages X Number of Years of Membership Divided by 70
Minimum 10 Years of membership
Present EPS Ceiling:Rs15,000/-
EPS Contribution:Rs1,250/- @8.33%
From India, New Delhi
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