I have a query regarding EPS amount withdrawal for anyone whose service is less than 10 yrs.
Suppose the monthly salary for the employee is Rs.15000. Now, if the employee resigns and the last working day falls on the 15th of the month. Since the employee is working for only 15 days, the salary for the month would be Rs.7500/.
So, during the calculation of EPS withdrawal as per Table D will the exit salary be calculated at Rs7500/(15 days working) or a full month's salary of Rs.15000/.
From India, Asansol
1Suppose the monthly salary for the employee is Rs.15000. Now, if the employee resigns and the last working day falls on the 15th of the month. Since the employee is working for only 15 days, the salary for the month would be Rs.7500/.
So, during the calculation of EPS withdrawal as per Table D will the exit salary be calculated at Rs7500/(15 days working) or a full month's salary of Rs.15000/.
From India, Asansol
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EPS - Withdrawal Benefit Calculators_Ann onymous.xls
Download-eps-pe nsion-withdrawa l-form-31-uan-p ic.jpg
Employee Appraisal Form new.doc