friends / Seniors
i have question that my employee having PPO details as under
Total Eligible Service - 17 yrs ( before - 15-11-95 0 yrs )
Pensionable Salary - 14575 inspite of wages on date of Exit - 15000/-
Pension Amount - 2126 /-
my question is
1) According to date of Exit, basic wages (since more that 5 years ) 15000 then how did they calculate pensionable salary is 14575/- and
2) if his pensionable salary 14575 - service - 17 years then how did they calculate monthly pension 2126/-
requested to all who have these idea plz share it
thanking you
Bipin
i have question that my employee having PPO details as under
Total Eligible Service - 17 yrs ( before - 15-11-95 0 yrs )
Pensionable Salary - 14575 inspite of wages on date of Exit - 15000/-
Pension Amount - 2126 /-
my question is
1) According to date of Exit, basic wages (since more that 5 years ) 15000 then how did they calculate pensionable salary is 14575/- and
2) if his pensionable salary 14575 - service - 17 years then how did they calculate monthly pension 2126/-
requested to all who have these idea plz share it
thanking you
Bipin