Hai Everybody and Seniors in HR,
I'm Working as a EDP Manager. my doubt is, if anyone worked more than 10 years means, he have eligible for Pension.
so. my question is suppose he have 300000/- in Pension amount. he can get a pension something amount..
but what about 300000/- amount. Epf Co. only give a interest amount for Pension. they did not give any principle amount. so, employee after 2 or 3 year he will dead means his family get a pension. suppose he gave no wife and son / Daughter. so, what will happen the 300000/- amount.
this is my question
I'm Working as a EDP Manager. my doubt is, if anyone worked more than 10 years means, he have eligible for Pension.
so. my question is suppose he have 300000/- in Pension amount. he can get a pension something amount..
but what about 300000/- amount. Epf Co. only give a interest amount for Pension. they did not give any principle amount. so, employee after 2 or 3 year he will dead means his family get a pension. suppose he gave no wife and son / Daughter. so, what will happen the 300000/- amount.
this is my question