I am 56 years old from Bangalore and I have 2 sons.
My husband worked in Karnataka Road Transport Service (KSRTC) as a junior assistant for almost 30 years.
He passed away in 1997 January 31st, my first son was 18 years and second son was 16 years .
I received my first pension of Rs.2626/- on 31st dec 1997.
From September 1998, the pension was split as 1750+438+438 and was debited into my account and it continued till that way till August 2001.
meanwhile i receive arrears in December 2000 of rs 3072/-
From August 2001 the pension amount increased to rs 1986+480+480/- and it continued till that way till January 2002.
We got two account opened for my two sons in Feburary 2002 and rs 480+480 was deposited in thier respective account and i was debited rs 1986/- from then on.
In 2004 my first son turned 25 years and he stopped receiving the pension of Rs 480/-. In 2007 My second son turned 25 years and he stopped revieving the pension of Rs 480/-
Now my pension is just rs 1986/-
Is this the right procedure? or am i suppose to get rs 1986+960/- as my sons have stopped getting it..
In the letter of pension..
The address is Bhavishyanidhi Bahavan, Rajaram mohan roy road,Bangalore.
The subject is :
Disbursement of pension sancioned to you under Employees Pension Scheme 1995.
and says an amount of rs.3524 has been sactioned to me towards monthly pension under epf scheme 1995 w.e.f 1.2.97 to 31.10.97.
i did receive rs 31742/- from the bank..but was my pension suppose to be Rs 3524/- every month from then on?
Please help me..i did not get a good response from the EPF office about these doubts..
Thanks & Regards,
Gayathri Thimappa
From India, Bangalore
My husband worked in Karnataka Road Transport Service (KSRTC) as a junior assistant for almost 30 years.
He passed away in 1997 January 31st, my first son was 18 years and second son was 16 years .
I received my first pension of Rs.2626/- on 31st dec 1997.
From September 1998, the pension was split as 1750+438+438 and was debited into my account and it continued till that way till August 2001.
meanwhile i receive arrears in December 2000 of rs 3072/-
From August 2001 the pension amount increased to rs 1986+480+480/- and it continued till that way till January 2002.
We got two account opened for my two sons in Feburary 2002 and rs 480+480 was deposited in thier respective account and i was debited rs 1986/- from then on.
In 2004 my first son turned 25 years and he stopped receiving the pension of Rs 480/-. In 2007 My second son turned 25 years and he stopped revieving the pension of Rs 480/-
Now my pension is just rs 1986/-
Is this the right procedure? or am i suppose to get rs 1986+960/- as my sons have stopped getting it..
In the letter of pension..
The address is Bhavishyanidhi Bahavan, Rajaram mohan roy road,Bangalore.
The subject is :
Disbursement of pension sancioned to you under Employees Pension Scheme 1995.
and says an amount of rs.3524 has been sactioned to me towards monthly pension under epf scheme 1995 w.e.f 1.2.97 to 31.10.97.
i did receive rs 31742/- from the bank..but was my pension suppose to be Rs 3524/- every month from then on?
Please help me..i did not get a good response from the EPF office about these doubts..
Thanks & Regards,
Gayathri Thimappa
From India, Bangalore
The maximum widow pension as per Table C payable on 01.02.97 is Rs. 1750. Child pension is 25% of widow pension, i.e 1750x25% = 437.50 rounded to 438 each.
As per the Section 32 of EPS-95, there should be annual valuation on pension fund. Accordingly hike of 4%, 5.5%, 4%, 4% were granted for the period 16.11.95 to 15.11.96, 16.11.96 to 31.3.98, 1.4.98 to 31.3.99, 1.4.99 to 31.3.2000 respectively on pension for the pensioners on roll at that time. As your pension is applicable from 01.02.97 onwards, first hike of 4% is not payable to you. But you had to get balance 5.5+4+4 = 13.5%. That is why your pension enhanced from 1750 to 1986. But at the same time child pension should also be hiked to 13.5%, resulting an amount of Rs. 497. But you mentioned that it was enhanced to Rs. 480 only. This you make into the notice of the concerned RPFC. (497 is from 1.4.2000 onwards. From 1.4.99 it should be 480 and from 1.4.98 it should be 462).
You are eligible for a pension of Rs. 1986 only. The child pension has to be stopped on attaining an age of 25 years. Hence the procedure of EPFO is correct in this regard.
Abbas.P.S, ITI Ltd, PALAKKAD - 678 623
Ph. +91 9447 467 667
From India, Bangalore
517As per the Section 32 of EPS-95, there should be annual valuation on pension fund. Accordingly hike of 4%, 5.5%, 4%, 4% were granted for the period 16.11.95 to 15.11.96, 16.11.96 to 31.3.98, 1.4.98 to 31.3.99, 1.4.99 to 31.3.2000 respectively on pension for the pensioners on roll at that time. As your pension is applicable from 01.02.97 onwards, first hike of 4% is not payable to you. But you had to get balance 5.5+4+4 = 13.5%. That is why your pension enhanced from 1750 to 1986. But at the same time child pension should also be hiked to 13.5%, resulting an amount of Rs. 497. But you mentioned that it was enhanced to Rs. 480 only. This you make into the notice of the concerned RPFC. (497 is from 1.4.2000 onwards. From 1.4.99 it should be 480 and from 1.4.98 it should be 462).
You are eligible for a pension of Rs. 1986 only. The child pension has to be stopped on attaining an age of 25 years. Hence the procedure of EPFO is correct in this regard.
Abbas.P.S, ITI Ltd, PALAKKAD - 678 623
Ph. +91 9447 467 667
From India, Bangalore
Mr. Abbas, Thanks a lot a for your explaination. Yes, you are right. My sons received Rs.497/- from 2000. I verified it from the passbook entries, it was a typo. Thanks again Gayathri T
From India, Bangalore
From India, Bangalore
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