29th April 2019
If an employee has not completed 10 years in service, he can either withdraw the EPS amount, or take the 'scheme certificate'. If he is still working, but hasn't completed 10 years, this, however, is not possible. He can apply only after he has quit his job, i.e., before joining another company ( 60 days gap is must to apply for final settlement).
Calculation is last Basic+DA drawn*Proportion of wages as per Table D
If your last Basic + DA is 15,000 then calculation is =15000*7.13.
Please go through with attachment of Table D.
29th April 2019 From India, Mumbai