Dear All,
I think is better for withdraw a EPS 10 years before and we can deposit to bank for return deposit.it can get double benefit . one is lumpsum amount,second interest.
But Pension fund scheme only get interest. not our full EPS share.
What do you think ?
From India, Chennai
1I think is better for withdraw a EPS 10 years before and we can deposit to bank for return deposit.it can get double benefit . one is lumpsum amount,second interest.
But Pension fund scheme only get interest. not our full EPS share.
What do you think ?
From India, Chennai
Dear Sir,
I will advice you to think over in terms of benefits in totality on long term basis as short term deposits when taken out on maturity will not last longer but EPS provides life long benefits to the pensioner till death and there after to the widow along with two children upto the age of 25 years which is very important from the Social Security point of view and no one can match easily with this scheme specially when in case of dire needs.
Chandok A K
RPFC ( Retd.)
<link no longer exists - removed>
From India, Chandigarh
I will advice you to think over in terms of benefits in totality on long term basis as short term deposits when taken out on maturity will not last longer but EPS provides life long benefits to the pensioner till death and there after to the widow along with two children upto the age of 25 years which is very important from the Social Security point of view and no one can match easily with this scheme specially when in case of dire needs.
Chandok A K
RPFC ( Retd.)
<link no longer exists - removed>
From India, Chandigarh
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PF & Pension Amdmt Scheme 2010 for IW.pdf
Employee Pension Scheme, 1995.doc