My father is a retired private sector employee. He retired 4 years ago and is currently receiving a pension. I would like to know the procedure for canceling the pension and how much he would receive if he decides to cancel it.
I think your father is receiving a pension from EPS/EPF. If so, there is no alternative other than receiving a monthly pension. There is no option for cancellation or one-time withdrawal.
Are you talking about the commutation of pension? Refer to this link: [Pension Schemes - EPFO, Delhi North](http://epfdehradun.gov.in/Pension_schemes.aspx). Please visit your nearest EPF office to get clarifications.
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