Understanding My Pension: How Will an Extra 1.16% Contribution Affect My Retirement Benefits?

Balaji V P

With an additional contribution of 1.16% over and above Rs. 1800.00, which is being deducted from my salary, how much pension will I get after my retirement with this additional contribution?

My retirement is in 07/2027.

rakeshkumar@hersheys.com

Formula for pension calculation is: Pension amount = average 3 years wages / 70 * Length of service.

Please calculate accordingly.

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