Pension
shailesh pandey
(Querist) 04 October 2011
This query is : Resolved
Dear sirs,
please help me regarding pension calculation whether there is a limit of 2500/- for private sector if any staff completed his 10 years of the contribution in pension fund & completed 58 years , will get maximum Rs.2500/- only.wht is the calculation of pension if any one's basic & d.a. is Rs.15000/- what pension will be paid.
after death of the member if he had son/daughter below 25 years , are they entitled to get pension apart from their mother i.e. nominee.
please give your expert opinion
regards
shailesh
Raj Kumar Makkad
(Expert) 04 October 2011
There is no such limit as you described. The calculation of pension depends upon the scheme of such private company wherein such employ was engaged. It is not clear from your query whether you want to know pension from EPF department or company itself.
prabhakar singh
(Expert) 04 October 2011
you are advised to visit site below for calculation....
http://www.citehr.com/research.php?q=pension-calculator-for-private-sector-employees
R.Ramachandran
(Expert) 05 October 2011
I agree with the views of Mr. Makkad.
