Employees Pension Scheme 1995

Querist : Anonymous (Querist) 19 May 2011 This query is : Resolved
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K.S.Srinivas (Expert) 31 July 2011
As per pension scheme 1995, the pension contribution shall be @ 8.33% on the ceiling limit of Rs.6,500/- ie., pay + DA. Even the pay + DA exceeds Rs.6,500, the contribution shall be only on Rs.6,500/-.

The pensionable salary shall be the average of preceding 12 months pay + DA. In case the average exceeds Rs.6,500, it shall be limited to Rs.6,500 only.

Querist : Anonymous (Querist) 08 September 2011
Sir,
What about provision, which says that if the contribution has paid on full salary, the pensionable salary shall be higher than the ceiling of 6+500.
thanks,
B S Bhatnagar

Guest (Expert) 08 September 2011
Dear Shri Bhatnagar,

Please clarify, which authority has raised this query, as you have provided in the attachment?

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