EPFO 29 April 2019 Today Latest News | EPFO/PF/EPF Hindi News 2019 | EPFO, EPS 95, PF
Автор: BODH
Загружено: 2019-04-28
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EPFO 30 April 2019 Today Latest News | EPFO/PF/EPF Hindi News 2019 | EPFO, EPF, PF
#epfo , #epf , #eps95 , #pf
the Supreme Court of India upheld the Kerala High Court verdict on monthly pension from the Employees' Pension Scheme 95 (EPS 95). ... But EPS pension is very low because EPFO capped the salary used for computation of pension at Rs 15,000 per month. It also capped the contribution to the EPS.
The pension amount is based on a formula: While working, the maximum amount that can go into the EPS of an employee is 8.33 per cent of the employer's share, but the basic pay is capped at Rs 15, 000. ... Therefore, irrespective of the actual years and the basic salary, the maximum monthly pension would be Rs 7,500.
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