Showing posts with label pension option. Show all posts
Showing posts with label pension option. Show all posts

Thursday, September 9, 2010

HOW MUCH A PF OPTEE(RETIRED) LOSSES?

                                                       Attention retired employees!

Do you know how much you have lost because of second option to Pension Settlement?
I attempted to find out. Here is live case.

Details of the Employee:
D.O.B  16.11.1943         PF Received: Rs.354357
D.O.J    19.04.1968       Basic Pay      :Rs. 15380 ( as on 31.05.2001)
D.O.R  31.05.2001       

If he is Pension optee what he would have received up to 31.08.2010?