How to Calculate PF Interest - Why no interest for Pension Contribution?

Hi all, Interest rate of EPF a/cs being hiked from 8.55% to 8.65%. Notification awaited.
21st February 2019 From India, Bangalore

The EPFO sent out instructions to all regional offices to supply detailed working sheet of settlement from EPF a/cs. Read the circular attached.
26th March 2019 From India, Bangalore

Attached Files (Download Requires Membership)

PF Calculation Sheet To The Subscribers At the Time Of Provident Fund Withdrawal.pdf (88.5 KB, 207 views)

I am not understanding how Pf is calculated so please do anyone help me?
19th April 2019 From India, undefined

Hi Mrunali,
PF is calculated on Basic salary of the Employee
Employee contribution 12% and Employer contribution 12% (3.67% - EPF and 8.33% - Pension)
Employee contribution - 12/100*8000 - 960/- per month
Employer contribution - 3.67/100*8000 = 293.6
- 8.33/100*8000 = 666.4
- 960 /- per month
Regards
22nd August 2019

Hi Mrunali,
PF is calculated on Basic salary of the Employee
Employee contribution 12% and Employer contribution 12% (3.67% - EPF and 8.33% - Pension)
For example Basic salary - 8000/-
Employee contribution - 12/100*8000 - 960/- per month
Employer contribution - 3.67/100*8000 = 293.6 , 8.33/100*8000 = 666.4 then Employer PF 12% = 960 /- per month
Regards
22nd August 2019

Epf interest calculated on simple interest basis or compound interest basis. Is there any rule/circular/notification in this regard.
3rd September 2019 From India, Chennai