Hi
I have been told to accumulate my PF since i keep moving from one company to another. Till now i have over 10 years of continuous service, i have the following doubts:
1. After retirement at the age of 60 what would be monthly pension - on what basis is this decided
2. Can i do a calculation based on todays salary - if so what is the calculation
3. If i retire from service before 60 years will I be still eligible for the same - if so from when i may expect pension.
4. Also several of my colleagues are interested in removing PF money when they move from one organization, is this really a good option or waiting till 60 years.
Thanks
Regards
Satish V
I have been told to accumulate my PF since i keep moving from one company to another. Till now i have over 10 years of continuous service, i have the following doubts:
1. After retirement at the age of 60 what would be monthly pension - on what basis is this decided
2. Can i do a calculation based on todays salary - if so what is the calculation
3. If i retire from service before 60 years will I be still eligible for the same - if so from when i may expect pension.
4. Also several of my colleagues are interested in removing PF money when they move from one organization, is this really a good option or waiting till 60 years.
Thanks
Regards
Satish V