New EPFO Higher Pension Calculation Formula | Pro Rata Calculation | Every Paisa Matters
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- Опубліковано 22 лют 2024
- New EPFO Higher Pension Calculation Formula | Pro Rata Formula | Latest News | Every Paisa Matters | EPS 95 Pension Scheme
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महाभारत में अभिमन्यू फसे थे, इस तरह eps 95 फस गये है,
इससे अच्छा है, सरकार epfo डिपार्टमेंट बंद करके लोगोका पैसा वापीस कर दे.
Mera retirement nov.2017 ka h kya higher pention kam banegi abhi demand later nahi aaya h demand later aprox. Pention batana chahiye
Thank you sir, you explain complex things in a very simple manner.
Thank you very much 😊
As per EPFO reports to Govt. It is incurring loss.govt has plans to close loss making units and as such action on EPFO be taken and money be refunded to all members with interest so that they can live happily.
इंतजार रहेगा 2015 मे रिटारमेंट वालोको किस फॉर्म्युला से पेन्शन कॅल्क्युलेट होगी , धन्यवाद
Sir, Comparative analysis is beautifully explained. Please make the same in English also.
Sir, kindly explain in your next Video in Hindi as well as English : -
1.Whether the Hon'ble Supreme Court in Sunilkumar B case has categorically held that average pay of last sixty month's is to be the sole criteria for calculation of pension on actual salary?
2. What is the provision of Para 10, 11 & 12 of EPS 1995 which was amended on 22.08.2014 say about?
1.Only Last 60 month's average or
2. Combination of last 60 month's average pay & Pro-rata
which is legally correct in view of Hon'ble Supreme Court Order in Sunilkumar B case.?
3. 2014 amendment having been upheld by the Hon'ble Supreme Court what are the implications of it on calculation?
4. Whether the calculation method mentioned in EPFO email dated 14.02.2024 is correct?
Very well explained, if you can analyze how much pension you get as final against how much you have contributed till last day. Is it benefitable to employee keep in EPRO or Keep in Mutual Fund to get better return
Lifetime average monthly pay proper rahega, if they consider. Jitna pay kiya utna pension mile ek usi formula me. Baki jaise pay anomaly likewise pension anomaly may be. Ek calculation us lifetime average pay par ho sake to karke dekhna.
सर, मेरा एक सवाल है # डिमांड लेटार मिलने के बाद, चेक जमा करने के कितने दिन बाद पेंशन चालु हुआ, अगर आप का जानकारी में है तों।
Very nice video sir
You have shown of retiree retired in 2022.
Can you explain the retiree case retired pre sept 2014 i.e. say in march 2014
Good morning!
Thank you for your detailed analysis in simple way.
I completed 60 years. I applied on line for higher wages pension in September 23 last year.
Till date, no information.
What could be next step?
I would appreciate if you throw light on it.
Very nice 👌
Very nice
I have applied. But, yet to get the pension. When is it likely to be distributed?
Sir Higher pension ki baat kar rahe ho. Jo EPS-95 ke min. 300/- se 1000/- vale pensioners hain. Govt. Ne min 2000/- ka prastav bhi thukra dia. 1995 se hi "DA" ka pravdhan hai hi nahin Jitni pension lagti hai utni hi rehti hai.Main 68 saal ka ek abhaga pensioner. Pension 796/- . Bhagwan ne agar lambi zingi dia to aaj se 32 saal bhi yeh 796 hi rahegi kyonki pichhle 10 saal yani 01/09/ 2014 se 796/- hi hai. Higher pension point soch kar lena. 1995 mein kanoon tha ki hamari death ke baad deposit bachchon ko mil jayega lekin voh point Govt. ne cancel kar di hai. 78 Lakh bazurg govt ke zulm ka shikar hain ab naye murge halal karne ki firaq mein hain. Thanks.🙏
Singh ji,
Paise ke piche apna dimag karab mat karo.
Singh lok bade bahadur hote hai.
Jindaji jisne di vo ajtak buke sone nahi diya to abhi bhi vo hamara dyan jaroor rakhega.
Bus ye Mood banaye rakho.
Woh sab thk hai vipul ji hum hamare paise ki baat kar re hain jo epfo mai eps ke roop mai pada ....hai ya toh higher pension mile ....ya toh hamara paisa wapas kiya jaye hum kahin aur invest kar ke accha intrest le lenge mera khud ka 20 lacs se upar hai eps mai
Sir mera pf cut hota hai ik mane atal pension Yojana mai abhi start Kiya kio ki mai single job krti apni family mai vo bhut km salary 18000 to mera pf account har saal niklwana hota hai ghr ke jruri km k liye es se kuj effect to nhi hoga mera atal pension Yojana wala mai plz bata dijiye mujhe koi guide nhi krega so mai apke Chennal mai aye
Very nice sir
My joining is Aug-2023. Should I take a higher pension.
after resign can we continue the same pf
Where is the video that u said u will upload after one week of this video?
60 monthly average salary is good.
Nice information
Sir, can you please let us know the calculation if someone is retired in Jul 2019 by which it is only 59 months from sep 2014
There is no rationale for pro-rata calculation. 14 September 2014 should have no consequence in calculation of pension on actual wages and EPFO should stick to its 12 / 60 months simple formula.
In pro-rata case, if pension is calculated for service prior to 14 Sept 2014 , then same must be paid with interest and arrears wef 14 Sept 2014, because that amount is money valued at 2014 level, not in 2024.That amount cannot be a true reflection of today's money value.
But EPFO's pension fund is running into a loss. If pension is not provided in a sustainable way how will it endure?
It's not just for higher pensioners but also for the poorest members.
Sir हायर पेंशन के लिए 10/03/2022 को आवेदन किया था ऑनलाइन आज 27/02/2024 हो गई है कुछ नही हुआ है मै जुलाई 2021 ने रिटायर्ड हुआ था क्या होगा आपकी नजर में ????
I joined my service in 1982 and was retired on 2011 before September 2014 how can calculate higher pension
Dear sir, wha is the time frame of epfo to pay back the arrears. Please provide the details sir
Your analysis is of no use . In the month of June 2023 : there was a clarification from same lady from EPFO that based on Supreme Court judjement, For those whose pension has commenced prior to 01/09/2014 their pensionable salary is average of last one year of pensionable service and those whose pension has started from 01/09/2014. , their pensionable salary will be the average of last 60 months of pensionable period salary.
The ION ,you have displayed is totally in contradiction to what the same EPFO official has communicated .
Against Supreme Court decision....jab hugher wages ka contribution le rahe hain 95 se to break down kahaan se aaya...galat hai...mean one is paying contribution on higher wages from beginning (95) than they have to consider whole time and average of last 60 months ....game of cheating to members and also Supreme Court.
Kindly advise how to calculate 60 months for those retired in April 2018
Sir I stay in kalyan near Mumbai today on 26-2-2024 I received letter from
Sir I joined in 1992 and left by 2001 .getting 817rs.can I receive minimum2000or3000rs
Are exempted psu having. Their own trust are eligible for higher pension as epfo is returning bank drafts for above Psu,s
Next video nahi aayi abhi tak???
This case cannot be deemed to be correct as the dt of notification is not provided. As per EPFO letter dt 13.12.23 enclosing the FAQ, Answer no 6 & 7 amply clarifies that if retirement is post Sept 2014 , average of 60 months will be the pensionable Salary for computation of higher pension.
formulas made of their interest may be chalengeable in court...people are paying their hard earned money....giving less pension by cheating and will pays only member's deposit money only ....woh bhi jinda rahe toh....not official circular but they are just watching reactions..anyone is opposing or not ?
What about family pension before 1995
Is there any chance of pension on higher wages for new employees enrolled in epfo ?
0️⃣ chance
Pension amount calculation based on the rules at the time of exit. So no one knows how much Pension one will get at the time of entry. Day light robbery
DtofJaining6-1-1982to31-8-2007pl calculate the penson
1000 saal me bhi solve nahi hoga
Useless office epfo
_jp bhagao, pensioners, retirees bachao..__ chahta hai ki interesy rate kam ho jayr, jisse economy ka bubblr aur foolega,aur badhega....moork log aur jyada cars,makaan(luxurious wale) khareedenge....jisse 10 trillion dollar ho jayegi economy....aur baad mein japaneses chinese wala lost decades problem hogi....retirees tab tak jaan gawaan baithe honge....fed up ho jayenge jab unhe kuch bhi nahin mil payega even ratiin bhi nahi....ye problem japan , china, uk, us, portugal,italy,germany , spain, ukrain, argentina,sri lanka, pak.....sab jagah ho rahi hai....bajaye ki koi lesson lene ke ye _jp logon ko pagal banane mein lagee hui hai.....galat galat decisions lekar desh ka bura haal karne mein lag gayee hai....satyam ka raju yaad aa raha hai ....jab wo galat galat maths dikha kar company ko acchha takatwar dikhata tha par last mein us se kuch na hua air company satyam computer tabah ho gauee