(Pensionable Salary X Pensionable Service)/70 = (15,000x17)/70 = Rs 3,642. Individuals may get around Rs 3,642 as a pension for their service period of 17 years.

If you are a salaried person and contribute to EPFO every month, then you must know about its Employee Pension Scheme. In common language, it is called EPS. EPS is the scheme through which you get ...

Contributing to the (present) wage ceiling of Rs 15,000. Even if someone's basic salary and dearness allowance is Rs 70,000, their EPS pension will be calculated at the wage ceiling, which is Rs ...

Andrew Biviano explains how the Centrelink income test for an account based pension is calculated. The amount of income assessed by Centrelink for those with an account based pension is influenced by ...

Your Final Salary Pension is calculated from the salary you were being paid by Which? when you left the Scheme (1) and your length of service in the Scheme. The calculation works out the pension to be ...

04:00, Sat, May 31, 2025 Updated: 13:00, Sat, May 31, 2025 In casual terms, pension clawback is when your workplace pension is cut by a set amount once you reach state pension age. This mechanism ...