Kindly clarify whether the weightage service of 2 years (given for employees whose service period is 20 years or more) is added to the past service (service prior to 16-11-1995) or to pensionable service (service after 16-11-1995) for calculation of pension, if the past service is 20 years.
Also please clarify at what rate of percentage per year is reduced from pension if we retire on VRS before attaining the age of 58 years.
From United States, Glen Allen
Also please clarify at what rate of percentage per year is reduced from pension if we retire on VRS before attaining the age of 58 years.
From United States, Glen Allen
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Weightage of 2 years in pensionable service 8.5.2017.pdf
Death while in service letter for pf death claim.docx