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What Would Be My Pensionable Amount? - CiteHR

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msmallya77
Dear all,
I have some qurries. I had worked in one company for nearly 15 years (GOA). (I have PF Pension Letter and it has a mention of pensionable salary is 4000/- p.m.). In another company, I have been working for 10 Years (Ahmedabad) and I have to leave. My last Basic is nearly 24500/-p.m.. At the time of joining new company I had offered PF Pension Certificate (from earlier company), but said that it is not requried.
Now Pension Certificates from previuos company and from present company (after receiving), I need to produce to PF commission?
If I opt for pension (assuming that I am not continuing my profession), then let me know the approximate total pension receivable. My age is 47 years.
Thanks and Regards
MSMallya

From India, Vadodara
abbasiti
517

Dear M.S. Mallya,
For pension calculation, the foolowing details are required.
1. Date of birth
2. Date of Join in EPS
3. Date of exit from EPS
4. Break in service before and after 16.11.95
5. Salary on 16.11.95
6. Salary at the time of exit from EPS
7. Date of pension commencement (Minimum age to get pension is 50 years. For every year below the age 58 years, 4% each will be deducted from pension).
Abbas.P.S

From India, Bangalore
msmallya77
Hi,
Thanks for the quick reply.
Here is some info needed
1. 12/081963
2. Date of Joining EPS not known but Joined Service 1985 Jul and upto Jun 2000 in one company and from 2000 Jul till date in another company. I have pension certificate from first 15 years as 4000/-p.m.
3,4,5 may be excluded if point 2 says 4000/- is pensionable salary.
6. Basic Salary will be 24500/- and from this service how much can be pensionable amount approximately ?
Point 7 is really informative.
Thanks again

From India, Vadodara
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