Hello friends and elders, this is Santosh from Hyderabad. I recently faced a question in my interview regarding the amount of pension we receive after retiring from any service, i.e., after contributing for 10+ years and reaching the age of 58.
From India, Hyderabad
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4From India, Hyderabad
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The answer depends on what kind of organization you are working with. For example, some organizations follow the New Pension Scheme, some follow CPF where there is no pension, just a lump sum amount on superannuation, and GPF where there is a pension. If it's a bank, pension calculation is different.
So please clarify what you really want to know. Apart from that, search on the site itself; there are various discussions on the same issue that have already taken place.
Regards
From India, Asansol
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So please clarify what you really want to know. Apart from that, search on the site itself; there are various discussions on the same issue that have already taken place.
Regards
From India, Asansol
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PENSION CALCULATION.xls
PENSION CALCULATION.pdf
EPF PENSION CALCULATION.zip