A: Lifelong pension is available to the member and upon his death members of the family are entitled for the pension. Q: What is the formula for calculating the monthly pension? A:Under Employees’ Pension Scheme, the monthly retiring pension is decided on the basis of ‘Pensionable Service’...
How to calculate EPF pension percentage amount Calculating the EPF contribution if you earn Rs 15,000 or less per month is straightforward. But if you make more than that and want to join the scheme, you'll have a slightly different EPF calculation formula. EPF calculation when you earn Rs...