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Hello I want to understand that higher wages means pension revision on the basis of revision in the wage after the retirement of the pensioners. Please help me to understand Thanks Rajan
From India, Faridabad
From India, Faridabad
Dear Rajan ji,
I will explain you in very short.
Pension contribution is restricted on Rs. 15000 (earlier Rs. 6500). Pension is calculated on this pensionable salary.
What SC said, if you want more pension you have to contribute more. So you can now contribute more to get more pension, retrospectively, if your salary is more than threshold.
Hope you understand it.
From India, Mumbai
I will explain you in very short.
Pension contribution is restricted on Rs. 15000 (earlier Rs. 6500). Pension is calculated on this pensionable salary.
What SC said, if you want more pension you have to contribute more. So you can now contribute more to get more pension, retrospectively, if your salary is more than threshold.
Hope you understand it.
From India, Mumbai
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