EPFO Pension Calculation Formula - Official FAQ | Higher Pension | Every Paisa Matters
Vložit
- čas přidán 2. 10. 2023
- EPFO has recently shared the Pension Calculation Formula via its official FAQ document where cases of Higher Pension have been discussed. In this document, EPFO has shared various scenarios around how the amount of Higher Pension will be calculated. EPF office has taken 2 key parameters into consideration namely Retirement Date and Pension Start Date for calculation of Pension.
This video provides clarity around the formula for Higher Pension Calculation in a simple and easy to understand format.
✅Subscribe my channel - bit.ly/EPMsub
✅ Telegram Channel - t.me/EveryPaisaMatters
✅Join this channel to get access to Exclusive perks:
/ @everypaisamatters
✅ Want to Connect? - bit.ly/EPMContact
🗒️Link of FAQ - unifiedportal-mem.epfindia.go...
🛒 My Amazon Shopping - www.amazon.in/shop/everypaisa...
Useful Videos and Playlists:
➡️ How to Increase FD Interest Rates in 2023 with Premature Withdrawal? - • How to Increase FD Int...
➡️ Investment Planning - • Investment Planning
➡️ NPS & Retirement - • NPS and Retirement
➡️ Peer to Peer Lending - • P2P Lending
➡️ Insurance Planning - • Insurance Planning
📺 My Other Channel - / @everytechmatters
My Social Media Presence:
📲 INSTAGRAM: / everypaisamatters
📲 FACEBOOK: / everypaisamatters
📲 TWITTER: / evrypaisamatter
Disclaimer:
All videos/comments and all other forms of communication are for educational purposes only and should NOT be considered INVESTMENT ADVICE. Any individual shall NOT be held liable for any loss suffered in any form by a student/CZcams viewer/member of the public. Any information provided through our videos/classes/comments/social media posts or any other form must NOT be considered Investment advice.
Some contents are used for educational purpose under fair use. Copyright Disclaimer under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.
Tags:
#everypaisamatters #epfo #pension #insurance
✅Subscribe EPM (Hindi) -
Thank you sir for this useful information my dad has retired at the age of 47 and he is currently 51 so now he will get arrear from 47 or 50 as eps pension minimum age is 50
EPFO should demand net amount i.e. amount due minus arrears, as most of the pensioners have already used the of amount and they have to now borrow money to pay amount demanded.
Bhai sab aap ne kaha Jai se Govt( EPFO) pension Dena hi nahi chaati hai. Esiliye A log date extension karte Jaa Rahi hai. Jitna pensioners khaali hoota hai hoone do.
EPFO should be cleared with examples for pension not only one line statement which creates very very confusion
मैं 30 जून 2016 को 58 साल पूरा करने के साथ ही जुलाई 2016 से पेंशन लेना शुरू कर दिया था और मुझे 2597/- प्रति माह पेंशन मिल रही है l पेंशन लेने के साथ ही मैं जून 2018 को साठ साल पूरा करने के बाद रिटायर हो गया l अब मुझे इस व्यवस्था के अनुसार कितनी पेंशन मिलेगी l
Thanks for this informative video. If the answers in the FAQ are in accordance with the EPFO approved guidelines, I think the pro-rata formula would not be applicable to persons retiring at 58 years after 1st September 2014 in line with answers at question no(s) 5, 6 & 7
Sir mai ne security guard me 9yers 3month service kya hu me re ko pension mil jayega kripa bata ne ka
Hello sir
Sir please kripa kare main security guard me 9years 3month sarvice kya hu me ra age 58years hogya hai
I think the new higher pension scheme is an excellent scheme with unconditional promise of lifetime pension based on the new for formula of 60 months average salary.
Abhi tak demand letter nahi aaya h kitne din lag jayege pata nahi interest amount badhta ja raha h
मूल प्रश्न अभी भी अनुत्तरित है कि epfo ऐसे प्रकरणों को हायर पेन्शन देने में डिले क्यों कर रहा है जिनमें सारी औपचारिकताएं पूर्ण हो चुकी हैं। क्या हायर पेंशन शुरू करने के लिए epfo हेड ऑफिस अलग से कोई निर्देश जारी करेगा। अभी तक हेड आफिस ने डिमांड लेटर जारी करने के ही निर्देश दिए हैं। क्या ऐसे किन्हीं निर्देशों के अभाव में हायर पेन्शन देना प्रारम्भ नहीं किया जा रहा है?
Very good video thanks sir
Aur bhi delay kar dega, kiu ki thagna hai humko.
A p m media aapke jariye appeal kartahun ke Higher penssion ke liye jo bhi extra contributions employee ko dena hai ,usipe interests nahi lagega.Rahibat higher penssion ke different arrears pe interests nahi dega.
Hi Amit can you please clarify what happens when the demand letter is shared and employee does not take action on the demand ltter by stipulated time frame would it be considered that the joint application has lapsed and employee is not eligible for higher EPS or has not opted for higher EPS
Amit ji, can you find out when this FAQ was uploaded in EPFO site though it is dated 17.6.2023 ? There is glaring difference in the FAQ and Para 1 & 2 under FPS 1995 which was the basis for computation of pension for Srikanta Sahoo vide Rourkela EPFO office order dt 27.7.23. Apparently the referred FAQ is not correct wrt computation of pension without pro rata basis. Can this be clarified by you or any other person conversant in this regard
Is there any further chance to apply for high pension scheme
Sir, very nice vdo.