Dear HR Fraternity members,
With effect from 1st September 2014, the employee wage ceiling limit for EPF contribution has been raised from Rs. 6500 to Rs. 15000. In this context, many employees have the desire to know about their pension calculations and the monthly pension amount they will earn after superannuation. These kinds of concerns are common for many employees. I have prepared a model EPF & pension calculation sheet with illustrations for your information. The necessary attachment is enclosed. Please note that this calculation sheet is for employees joining PF from 01.09.2014 onwards.
With effect from 1st September 2014, the employee wage ceiling limit for EPF contribution has been raised from Rs. 6500 to Rs. 15000. In this context, many employees have the desire to know about their pension calculations and the monthly pension amount they will earn after superannuation. These kinds of concerns are common for many employees. I have prepared a model EPF & pension calculation sheet with illustrations for your information. The necessary attachment is enclosed. Please note that this calculation sheet is for employees joining PF from 01.09.2014 onwards.
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