Query: One of our female employee expired. Her husband and two child's are receiving pension.
Husband pension amount :- 2176
Child's pension amount :-554 (each)
Please let me know on what basis above pension amount is derived.
In superannuation or retirement pension case PF applies formula: Pensionable Salary x Pensionable Service / 70.
For death case pension, any formula or how it is computed?
Details of case:
Employee span of service : 4 years 2 months
Please share your assured opinion.
Thanks in advance.
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