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Information Regarding The Pension Fund - CiteHR

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shubha1969
I have completed the job in my organisation for 20 years and now my age is 49 years. How I will get the pension? Please let me know the procedure and the ratio of pension p.m.? How PF office calculates this monthly pension amount ?
From India, Pune
Amatya007
4

Hi Subha,
Your age is 49 years. The Pension would start after 58 yrs.
If you have left the company and you want to withdrawal the PF & Pension amount, you have to fill Form 19 & 10 C.
Instead of getting the Pension amount, you will get a certificate showing your length of pensionable service and amount.
The Pension calculation will made on your last salary ( Basic + DA) drawn. IF it is more than Rs 6500/- per month, it would be calculated only on Rs 6500/-. If it is less than RS 6500/- it would calculate on this.
AMATYA


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