Hello, I quit my job having completed 9 years, 4 months of service recently. I have not taken any Scheme certificate & currently self employed.
The contribution so far in EPS is around 82K.
I reviewed the below link on EPS withdrawal but was not sure on how the EPS withdrawal amount is calculated as I'm not sure on what Pensionable salary is taken for calculation. (is it 6.5K or Last years average Basic+DA).
http://www.epfindia.com/site_docs/PD...date102008.pdf
a) Paragrah 14 - on withdrawal benefit
> Table D, A & B, at the end
Now, I'm planning to withdraw the EPS contribution, hence looking for answers to the below two questions -
1) Can you please enlighten me on how EPS withdrawal Amount is calculated in my case?
2) What would be the total amount I can expect to get upon EPS withdrawal?
Thanks & Regards,
An
The contribution so far in EPS is around 82K.
I reviewed the below link on EPS withdrawal but was not sure on how the EPS withdrawal amount is calculated as I'm not sure on what Pensionable salary is taken for calculation. (is it 6.5K or Last years average Basic+DA).
http://www.epfindia.com/site_docs/PD...date102008.pdf
a) Paragrah 14 - on withdrawal benefit
> Table D, A & B, at the end
Now, I'm planning to withdraw the EPS contribution, hence looking for answers to the below two questions -
1) Can you please enlighten me on how EPS withdrawal Amount is calculated in my case?
2) What would be the total amount I can expect to get upon EPS withdrawal?
Thanks & Regards,
An
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SALARY SHEET CALCULATION.xls