I worked in a State PSU from April 1984 to January 2003. When I retired on attaining superannuation age of 60 years. I received my CPF amount in full subtracting only the amount of FPF as per FPS 1971 at prevailing rate at that time without any contribution towards EPS1995.
After a prolonged period of time I decided to apply for EPS 1995 scheme and my Claim form 10D had been received and processed by Regional Provident Fund Commissioner, West Bengal
Regional PF Commissioner has now informed in a letter that I have to deposit a sum of Rs.95030.00 as Differential Amount Alongwith Interest within August 2014 to be eligible for Pension Payment.
I am detailing below various periods like Pensionable service period, past service periods, salary during 1995 etc.
1. Total Past Service: 10 years 7 months 13 days
2. Date of attaining 58 years: 29.01.2001
3. Pensionable service period: 5 years 2 months 14 days
4. Category “Y”
5. Basic salary during Nov 1995: More than Rs.6500.00
6. Pensionable Service Pension (As per my calculation): Rs.510.00
7. Past Service Pension (As per my calculation): Rs.143.00
8. Total Pension: Rs.653.00 +Pension Relief as applicable.
9. Date of Entitlement: 01.04.1986
I would like to know the following:
1. Whether the calculation I have made is correct
2. If not, what amount I can expect as monthly pension?
3. Whether arrears of my pension would be paid promptly at one go and what time will be required to process pension payment?
4. Whether there would be undue delay and what one can do to expedite payment
After a prolonged period of time I decided to apply for EPS 1995 scheme and my Claim form 10D had been received and processed by Regional Provident Fund Commissioner, West Bengal
Regional PF Commissioner has now informed in a letter that I have to deposit a sum of Rs.95030.00 as Differential Amount Alongwith Interest within August 2014 to be eligible for Pension Payment.
I am detailing below various periods like Pensionable service period, past service periods, salary during 1995 etc.
1. Total Past Service: 10 years 7 months 13 days
2. Date of attaining 58 years: 29.01.2001
3. Pensionable service period: 5 years 2 months 14 days
4. Category “Y”
5. Basic salary during Nov 1995: More than Rs.6500.00
6. Pensionable Service Pension (As per my calculation): Rs.510.00
7. Past Service Pension (As per my calculation): Rs.143.00
8. Total Pension: Rs.653.00 +Pension Relief as applicable.
9. Date of Entitlement: 01.04.1986
I would like to know the following:
1. Whether the calculation I have made is correct
2. If not, what amount I can expect as monthly pension?
3. Whether arrears of my pension would be paid promptly at one go and what time will be required to process pension payment?
4. Whether there would be undue delay and what one can do to expedite payment