Respected seniors!
I want to know that one of my friend is working in a private ltd. company from past 10 years and now he is eligible for pension, his deduction is around 1200.00 one side and now he want to leave the company. (I have seen that like the people in army gets their pension just some time later when the took VRS or get retire without completing age 58 or 60years)
My question is if he leaves his job now , is it possible to get his pension fund immediate after leaving from the company or he has to wait for 58 or 60 years at the age of retirement and if some time later he gets his pension how much he will get in his own hand?
Regards
Narendra
I want to know that one of my friend is working in a private ltd. company from past 10 years and now he is eligible for pension, his deduction is around 1200.00 one side and now he want to leave the company. (I have seen that like the people in army gets their pension just some time later when the took VRS or get retire without completing age 58 or 60years)
My question is if he leaves his job now , is it possible to get his pension fund immediate after leaving from the company or he has to wait for 58 or 60 years at the age of retirement and if some time later he gets his pension how much he will get in his own hand?
Regards
Narendra