Navigating Pension Applications at 49: How Do I Start and What Can I Expect?

I have completed the job in my organization for 20 years, and now I am 49 years old. How can I apply for pension? Please provide me with the procedure and the monthly pension amount. How does the PF office calculate this monthly pension amount?

Thank you.

Hi Subha,

Your age is 49 years. The pension would start after 58 years. If you have left the company and you want to withdraw the PF & Pension amount, you have to fill Form 19 & 10 C. Instead of getting the pension amount, you will get a certificate showing your length of pensionable service and amount. The pension calculation will be made based on your last salary (Basic + DA) drawn. If it is more than Rs 6500 per month, it will be calculated only on Rs 6500. If it is less than Rs 6500, it will be calculated on this.

AMATYA