Mujhe puri jankari kaise milegi.jan 1988 me join may 2020 me retire per abhi tak pension nahi shuru hui. Kitni milega last besik 20600 +4600 grade pay total 25200/=thi retair ment per.6thwan vetanman nahi laga hai.
I fully agree with you. Several utube experts are posting the formula which is available in the scheme but they don't know how EPFO is calculating the Pension value. BUT you are 100% correct. Thanks for correct information.
Hello sir, you are true inspiration. You are making Janta as Jagruk in true manner. I am an Engineering graduate and learned a lot from you. This helped me to understand my Father's pension and PF withdrawal my own...keep up the good work!
Dear Rishabh ji, I retired at age 60+ in July 2020, and had applied for EPS few months before that, and pension was started (they also paid arrears for two years), you can add that if one does'nt opt for deferral, he will be entitled to get get arrears. All the time I was wondering why I was getting lesser pension than the amount calculated as per commonly popular formula . I wrote a complaint, and was pleasantly surprised that PF office did reply, they gave formula of how they had calculated, and it was exactly same as you had explained. I thought they were just taking me for a ride, but there was no further authority that I could go to, so just left any further persual, sitting satisfied with whatever I had got. You are the first person who mentioned the pro rata rule that too by quoting with proper paragraph of the Pension rules. Great... Thank you... Keep it up... Would be looking for some further advice on PF, if you can share your email ID, thanks
Thank you LLA team for your efforts and support to spreading awareness.. I could see that you have responded to almost every question being raised by viewers.. Thanks for your true spirit..
Sir congratulations nice information, I have retired in 2016 I joined in an organization in 1981, my epf was deducted very nominal. But in 1995 govt. announced pensions scheme which was opposes by many trade unions.Govt. announce they will Increse pention by every four years Rs. 400/-because it's not DA link pension. For govt. Average pension is calculated last salary not even average one year. The beurocrates are very smart why they are calculate average 70months salary which is very wrong. Even most of the high court in favour of labour's And case is pending in supreme Court. We please govt rethink positively we vested Rs. 450/-p.m. from 1995to2005 then rs. 650/-p.m. up to 2014 and their after Rs. 1250/-p.m. when I retired in jan. 2016.I got only rs. 2607/-pention p.m. I am getting only intrest on my EPF pension amount. Very unfair to epf contributes.
हरि ओम, आपका जितना धन्यवाद करे उतना कमही होगा.बहुत बहुत धन्यवाद.The unique video of its kind .What a detail information in a lucid and simple language Gerat work done by you sir! Thank you very much.And all the best wishes.Thanks once again
I retired at 60. I think I should have started my pension when I reached 58. Thanks for this info. Actually HR depts should guide it's employees properly.
Sir, Hats off to your Brearthless, and Commemorable genuine Explanation regarding EPS'95 Pensioners matter a Brife chapter which is Prayable. I'm forwarding to my state EPS'95 Pensioners all Groups. Very Nice. Allah Aapki Murad 1 Lakh Poori karen.
Today I got my ppo.compliacated case. Chennai office thane office nagpur office and kandivali office all consolidated and then follow up. this video was very useful
Very crystal clear Sir. Will EPFO still apply Pro-rata for pension calculation in higher Pension on actual salary? How pension will be calculated after Supreme Court decision on Nov-2023?
Very well explained. But I feel pro rata concept is just to calculate the pensionable salary i.e. how to find the 5 year average salary. However requested to explain in case some employee has contributed 8.33% on the entire salary how pro rata concept can be applied. As same rules are applicable for calculating the pension in case contribution is made on full salary. Regards
Do you think it makes sense to withdraw the Pension amount in lump sum, rather than taking monthly pension? Lets say rate of interest for investing the lump sum amount is 7%. What could be the break even age?
I am so many pension form 10d fill up but pension calculation not match but your formula correct I compare so meny PPO & Pension Amount correct Thank you
couple of questions - 1. the pension fixed - at the time of retirement, will it increase in the future depending on the inflation ... something like DA. 2. If I take early pension and decide to work later, how will that work? Will the government does not allow me?
Hello sir, very good information One thing is missing in this video is that There is cap on contribution made to the pension corpus in proportion to salary caps you mentioned So when there is cap on inputs, there will cap on outputs ( here pension ) I know this as my contribution is fixed to Rs. 1250
Sir person abhi service me hai or 20 years service baki hai or company cpf Jo 12 % tha o abhi new eps ke bad 8.33 epf me jayga contribution jyada hoga , to pension increase hogi ya nhi,, ye topic pe video banaye,, vry nice information sir
One of the best utube video ever i have seen. Sir keep on working to produce such authentic and beneficial videos for the service before the self for mankind .
I am retired from A Govt.of India enterprises. My total service periods 37years 3months.I choose full option on my salary contribution.And also choose 60 year's pension option. It is good or not?
Rishabh ji, Pension service is calculated for overall membership or for one employer only? i mean if employee changed 3 jobs in 20 year then what will be the pension service duration?
My situation is almost like your your example at 6:04, Joined in job on 4 sept 2000, stop working from 4 sept 2022. I completed 49 years last month. How much pension I get, procedure for applying for it? Thanks in advance.
U r right jain sir ji every place wrong calculation formula my pensionable salary on PPO is rs 11175 and service 32 years from 1985 to 2017 and my pension is rs 2850 per month
Thanks Rishabh for the detailed information. One question, the salary 15 you are mentioning, is it your basic on which pf deducted or what exactly it is?
5:43 " दो साल का बोनस मिल जायेगा " --> Mr Jain, People generally understand "BONUS" as " Bonus in Rs." , this term " Bonus" that you have used maybe mis-interpreted. 2. Same here at 5:49 , " .. आपको बीस years प्लस 58 के बाद ही पैन्शन apply करनी होगी .." ...is not straight forward statement.
Few question 1) Why can i not withdraw my money if I have contributed more than 10 years(2) What is the point of giving pension if it is so less, Are you working is this direction
Sir your team is best .... I just need a guidance hoping for a response, So my mother completed her 58 years and she is still working, employer still contributing in her EPS, so will it cause issue when she will apply for her pension. What should be done here, please guide me.....
Can you pl. throw some light on current issue of higher pension? Whether one should opt for it or not., whether pension will be given from prospective or retrospective effect etc. as Supreme could verdict is silent about it.
Dear sir, main kisi company main 11 saal kaam kiya aur Last 18 mahine meri in hand salary 28000 mahina thi aur ab main kisi aur company main 10500 mahina ki salary pr kaam krta hoon to meri pention pr kya frk prhega ? Please repaly.
Sir mai 10 year ki service complete ker chuka hu or Meri age 30 year hai or ager mai job chod deta hu, to mujhe pension ke liye next 28 year wait karna honga,to is condition Mai kya koi extra benifit milenga.?
Calculation of Pensionable salary? we are taking 60 month average, if am not working for 1 year inbetween will then be considered as non contributed month and be calculated and 0 for 12 month?
Very good information. It would have been better if one example of combined old and new pension scheme was taken as it is applicable to most of the people retiring in recent period.
Sir, Pahele to aapka bahuth shukriya ke aapne itna clear se samjhaya. nxt mere saath yeh hua , mai jo company mein kaam kar chuka hu (lag bhag 4 years 9months) aur mere mother ke health issue ko lekar maine pehele 5 din ka leave apply kiya aur mai wapas job pe nahi jaasaka, finally mai job quit kardiya 2015 mein abhi tak mai PF Claim Nahi kiya hu. aur meri company mere date of exit same bata rahi hai jaise mera date of joining, hala ki mai 4 years nine months ke kareeb service diya hu.. aap meri help kare ke mai kya karu, taki mai PF Claim Karsaku... Please jarur reply kijiye....
Sir now govt is saying we can apply for higher epf pension based on our actual salary other then cap of 15000, before 3-5-23 only. Is it advisable to opt for higher pension, pl guide
Thank you for the detailed info sir.. 😊👍 let's say I have joined and started contribution to PF and EPS. Would I be able to withdraw just the EPS but keep the PF as is ?
Pension par detail me video banane ke liye dhanybad Sir! Mera sawal hai mai pichhle 7 saal se ek company me hob kar raha hu auar pension fund me contribute kar raha hu. Kya 10 saal ke bad pension fund me contibution band kar sakte hai ya agar mai retirment ke age tak koi company me job karta hu to retirment age tak pention fund me contribute karna padega?? Please answer kare iska
I worked in two companies. But, my service transfer was not done. But my pension started with last employer service only. Whether I can apply now to merge previous employer service to current one.
Sir I worked the same s company for 29 years and six months at the age of 68 years i took retired men From 1984 to 2013 i left the job what wii be my pension please let me know i am 75 years i want to know should I. fill the form or go to P F office please
@@pramilasinha7471 आप चेक करिए की आपका EPF और आपकी कंपनी का शेयर दोनो आपकी Basic pay का 12% अलग अलग जमा हुआ है या नही ? यदि हां तो आप ऑप्शन भर सकते है EPFO के ऑनलाइन वेबसाइट पोर्टल पर ।
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If our pf is deducted then can we apply of APY (Atal pension yojna) plz provide answer...
Is early pention is good? Worked from 2010to 2017, now not working. Withdrawal or early pention at the age 40 is possible?
Ii for po
Mujhe puri jankari kaise milegi.jan 1988 me join may 2020 me retire per abhi tak pension nahi shuru hui.
Kitni milega last besik 20600 +4600 grade pay total 25200/=thi retair ment per.6thwan vetanman nahi laga hai.
Subhash Chandra the world
Sir, I have face similar problem after my retirement. You have elaborated & easily demonstrated pension calculation. Thank you very much.
I fully agree with you. Several utube experts are posting the formula which is available in the scheme but they don't know how EPFO is calculating the Pension value. BUT you are 100% correct. Thanks for correct information.
Hello sir, you are true inspiration. You are making Janta as Jagruk in true manner. I am an Engineering graduate and learned a lot from you. This helped me to understand my Father's pension and PF withdrawal my own...keep up the good work!
Dear Rishabh ji, I retired at age 60+ in July 2020, and had applied for EPS few months before that, and pension was started (they also paid arrears for two years), you can add that if one does'nt opt for deferral, he will be entitled to get get arrears. All the time I was wondering why I was getting lesser pension than the amount calculated as per commonly popular formula . I wrote a complaint, and was pleasantly surprised that PF office did reply, they gave formula of how they had calculated, and it was exactly same as you had explained. I thought they were just taking me for a ride, but there was no further authority that I could go to, so just left any further persual, sitting satisfied with whatever I had got. You are the first person who mentioned the pro rata rule that too by quoting with proper paragraph of the Pension rules. Great... Thank you... Keep it up...
Would be looking for some further advice on PF, if you can share your email ID, thanks
Was your service history upto-date ? Many of us face issue with service history record not being proper on the portal.
Thank you LLA team for your efforts and support to spreading awareness.. I could see that you have responded to almost every question being raised by viewers.. Thanks for your true spirit..
Beautiful Bonus tip I was thinking about and lots of learning. Great work Law Decoder. Jai Hind Jai Bharat
Thanku sir, main apko mostly sari video dekhti hu. Jo bhi Telegram par aap share karte ho. Kafi knowledge milti hain.
Sir congratulations nice information, I have retired in 2016 I joined in an organization in 1981, my epf was deducted very nominal. But in 1995 govt. announced pensions scheme which was opposes by many trade unions.Govt. announce they will Increse pention by every four years Rs. 400/-because it's not DA link pension. For govt. Average pension is calculated last salary not even average one year. The beurocrates are very smart why they are calculate average 70months salary which is very wrong. Even most of the high court in favour of labour's
And case is pending in supreme Court. We please govt rethink positively we vested Rs. 450/-p.m. from 1995to2005 then rs. 650/-p.m. up to 2014 and their after Rs. 1250/-p.m. when I retired in jan. 2016.I got only rs. 2607/-pention p.m. I am getting only intrest on my EPF pension amount. Very unfair to epf contributes.
हरि ओम, आपका जितना धन्यवाद करे उतना कमही होगा.बहुत बहुत धन्यवाद.The unique video of its kind .What a detail information in a lucid and simple language Gerat work done by you sir! Thank you very much.And all the best wishes.Thanks once again
बहुत सुंदर और आसान तरीके से समझाया गया।
बहुत कम की जानकारी
काम
Phir Bhai Aapne Uncleji Ki " Early Pension " Kyun Shuru Nahi Ki As Per Your Golden Tip.... 😇🙏
I retired at 60. I think I should have started my pension when I reached 58. Thanks for this info. Actually HR depts should guide it's employees properly.
You can get reduced pension at the age of 50
बहुत आसन और अच्छा से समझ आया ध्न्यावाद 🙏🙏
Sir, Hats off to your Brearthless, and Commemorable genuine Explanation regarding EPS'95 Pensioners matter a Brife chapter which is Prayable. I'm forwarding to my state EPS'95 Pensioners all Groups. Very Nice. Allah Aapki Murad 1 Lakh Poori karen.
🙏🏿 bahut sundar sir right information. Given but sum members confeus sir I warking at sugar copeney and look wark as p,f , department so for veri nice
great information. I think when people dislike a video, they should state the reason why they dislike. Not just click on dislike for the sake of it.
Thank you Mr Jain you have explained the topic very simple way and it will help me a lot.
Very good informasation about pensation skim Thanks mhoday.
Thank you. Also kindly make video on why pension stops. My mother is not getting pension from last 3 years even after repeated applications submitted
Today I got my ppo.compliacated case. Chennai office thane office nagpur office and kandivali office all consolidated and then follow up. this video was very useful
Very crystal clear Sir.
Will EPFO still apply Pro-rata for pension calculation in higher Pension on actual salary?
How pension will be calculated after Supreme Court decision on Nov-2023?
Excellent 👌 video. Very well articulated. Thanks Rishab. Keep up the good work.
Very well explained. But I feel pro rata concept is just to calculate the pensionable salary i.e. how to find the 5 year average salary. However requested to explain in case some employee has contributed 8.33% on the entire salary how pro rata concept can be applied. As same rules are applicable for calculating the pension in case contribution is made on full salary. Regards
Good morning sir. Your calculation is perfect and real one.👍✋🙏🙏🇮🇳🇮🇳🇮🇳👍✋🙏
Do you think it makes sense to withdraw the Pension amount in lump sum, rather than taking monthly pension? Lets say rate of interest for investing the lump sum amount is 7%. What could be the break even age?
VERY GOOD INFORMATION USE FULL FOR EVERY PENSIONER .THANKS FOR YOUR TURE SPIRIT.
Very nice informative video. 100℅ correct information about eps pention. Thanks.
first time i get upuodate knowledge about pf pention in this vedeo . thanks a lot.
Sar
your pension formula is correct as per the your calculation two Pensioners PPO very seem Pension Amount Show
Thank you
I am so many pension form 10d fill up but pension calculation not match but your formula correct I compare so meny PPO & Pension Amount correct
Thank you
My heartily best wishes, I have just retired, very fruitful information, thankful to you
Beautifully explained Jain saheb.
Thank you.
couple of questions - 1. the pension fixed - at the time of retirement, will it increase in the future depending on the inflation ... something like DA. 2. If I take early pension and decide to work later, how will that work? Will the government does not allow me?
भाई ठीक से देखा पर कुछ समझ नही आया you are the master in this topic
Very knowledgeable information and guidance.
Excellent video on EPS . I have not been able to find any video even close to this . 👍👍👍
Very useful information.. Really helps. Thanks for this video.
this is the first time i know each n everything befor release the video
Wow
6:18 Mr. Jain, As far as I know, people retire on the LAST DAY of the month and NOT on 1st Sept , as you said at 6:20. Please clarify.
LLA is the Master 🙏🙏
Thank you for sharing valuable information!!! Superb !
Hello sir, very good information
One thing is missing in this video is that
There is cap on contribution made to the pension corpus in proportion to salary caps you mentioned
So when there is cap on inputs, there will cap on outputs ( here pension )
I know this as my contribution is fixed to Rs. 1250
Vary valuable info....
Even lot of people dont knoe about 4% paisa kaha gaya...
Thanks. Now let the supreme Court to decide EPFO revision.
Decesion expected in Aug 2022.
I will revert.
Thanks
Crystal clear. Great.👍🏻
Tips at the end are really eye opener.
Thanks!
Thank you Sir for good important calculation regarding eps 95 pension.
Nps pe koi video banaye plz ki hme 20 years bad kitni pensan milegi
thanks.good study.is pension se koi labh nahin.
Sir person abhi service me hai or 20 years service baki hai or company cpf Jo 12 % tha o abhi new eps ke bad 8.33 epf me jayga contribution jyada hoga , to pension increase hogi ya nhi,, ye topic pe video banaye,, vry nice information sir
Sir, Very clear Naration.
One of the best utube video ever i have seen. Sir keep on working to produce such authentic and beneficial videos for the service before the self for mankind .
Good very useful information thank you sir
I am retired from A Govt.of India enterprises. My total service periods 37years 3months.I choose full option on my salary contribution.And also choose 60 year's pension option. It is good or not?
Dear Sir,bahut achcha information hai
Rishabh ji, Pension service is calculated for overall membership or for one employer only? i mean if employee changed 3 jobs in 20 year then what will be the pension service duration?
Great video LLA, could you please make a video on how to withdraw full pension if PF is already received however pension is stuck . Thanks!
This channel is a hidden gem.
Excellent knowledge provided by you sir. keep it up! Very happy to watch your video.
Thankyou i know this but answer i get by your vedio
Your knowledge is high class thanks
My situation is almost like your your example at 6:04, Joined in job on 4 sept 2000, stop working from 4 sept 2022. I completed 49 years last month. How much pension I get, procedure for applying for it? Thanks in advance.
Thanks. For.. Telling.. Truly. Fact s
Prorata Pension funda clarified. Thanks.
Thank you so much for this wonderful session 👍👍
U r right jain sir ji every place wrong calculation formula my pensionable salary on PPO is rs 11175 and service 32 years from 1985 to 2017 and my pension is rs 2850 per month
Sir apke batane ka andaz sabse alag or mast hai koi bhi video dekh lo
Thanks Rishabh for the detailed information. One question, the salary 15 you are mentioning, is it your basic on which pf deducted or what exactly it is?
THANKING YOU SIR FOR GOOD INFORMATION RELATED TO EPFO PENSION CALCULATION.
Ok all the best to you I like your camments keep it up and help poor pensioners.ok
Sir please make video on latest pention decision given by supreme court of India regarding higher pension those who have been retired before 2014
5:43 " दो साल का बोनस मिल जायेगा " --> Mr Jain, People generally understand "BONUS" as " Bonus in Rs." , this term " Bonus" that you have used maybe mis-interpreted.
2. Same here at 5:49 , " .. आपको बीस years प्लस 58 के बाद ही पैन्शन apply करनी होगी .." ...is not straight forward statement.
In my opinion Government should give Employees an option to withdraw his/her pension fund if he/she doesn't want to get EPS .
Thank you sir....
Very informative vdo..
Few question 1) Why can i not withdraw my money if I have contributed more than 10 years(2) What is the point of giving pension if it is so less, Are you working is this direction
just a side note, information is good , par jaan ke kya ukhad loge. milega to utna hi. :D
Lol
Thanks sir to awareness regarding of pension calculation means real talk
Sir your team is best .... I just need a guidance hoping for a response,
So my mother completed her 58 years and she is still working, employer still contributing in her EPS, so will it cause issue when she will apply for her pension. What should be done here, please guide me.....
Sir do you offer individual advise on these pension issues/ calculation by paid consultation.🙏
Can you pl. throw some light on current issue of higher pension? Whether one should opt for it or not., whether pension will be given from prospective or retrospective effect etc. as Supreme could verdict is silent about it.
In the denominator 70? is there any specific reason !! Please clarify the doubt
मुझे भी जानना है ये 70 कहाँ से आया ?
i also want to know it
Perhaps it is assumed that the pensioner lives up to the age of 70!
Thanks sir your knowledge high class
Thank you, Sir, for your explanation was very transparent.
Dear sir, main kisi company main 11 saal kaam kiya aur Last 18 mahine meri in hand salary 28000 mahina thi aur ab main kisi aur company main 10500 mahina ki salary pr kaam krta hoon to meri pention pr kya frk prhega ? Please repaly.
बहुत शानदार सर, कृपया आप ट्यूशन लेते है क्या
Thank You very much
For this informative video 🙏🙏🙏🙏🙏
Please make a video on new rules of higher pension?? Also who should go for it
Sir mai 10 year ki service complete ker chuka hu or Meri age 30 year hai or ager mai job chod deta hu, to mujhe pension ke liye next 28 year wait karna honga,to is condition Mai kya koi extra benifit milenga.?
Calculation of Pensionable salary? we are taking 60 month average, if am not working for 1 year inbetween will then be considered as non contributed month and be calculated and 0 for 12 month?
Hi Good Morning Rishab Just we have seen your You Tube Channel Very nice Theory about PF
Very good information. It would have been better if one example of combined old and new pension scheme was taken as it is applicable to most of the people retiring in recent period.
Sir, Pahele to aapka bahuth shukriya ke aapne itna clear se samjhaya. nxt mere saath yeh hua , mai jo company mein kaam kar chuka hu (lag bhag 4 years 9months) aur mere mother ke health issue ko lekar maine pehele 5 din ka leave apply kiya aur mai wapas job pe nahi jaasaka, finally mai job quit kardiya 2015 mein abhi tak mai PF Claim Nahi kiya hu. aur meri company mere date of exit same bata rahi hai jaise mera date of joining, hala ki mai 4 years nine months ke kareeb service diya hu.. aap meri help kare ke mai kya karu, taki mai PF Claim Karsaku... Please jarur reply kijiye....
Very useful information.
Sir now govt is saying we can apply for higher epf pension based on our actual salary other then cap of 15000, before 3-5-23 only. Is it advisable to opt for higher pension, pl guide
Thank you for the detailed info sir.. 😊👍 let's say I have joined and started contribution to PF and EPS. Would I be able to withdraw just the EPS but keep the PF as is ?
No !
Pension par detail me video banane ke liye dhanybad Sir!
Mera sawal hai mai pichhle 7 saal se ek company me hob kar raha hu auar pension fund me contribute kar raha hu. Kya 10 saal ke bad pension fund me contibution band kar sakte hai ya agar mai retirment ke age tak koi company me job karta hu to retirment age tak pention fund me contribute karna padega?? Please answer kare iska
Yes
@@LabourLawAdvisor 10 Saal ke bad contribution band kar sakte hai. Ya retirment age tak pension fund me jama karna padega?
Thank you very much, you have given very important information.
pls make video on all forms with number used in pf, death claim, esi . for example form number 22 used for funeral, like this
Best pf video ever sir......
Sir know about salary process & pf, esi
Knowledgeable and approachable
I worked in two companies. But, my service transfer was not done. But my pension started with last employer service only. Whether I can apply now to merge previous employer service to current one.
Thanks for sharing valuable information
27 साल सर्विस की लेकिन कम्पनी अचान बंद होगयी जिसका सात वर्ष तक इंतजार किया और फिर त्याग पत्र दिया ,(आर्थिक मजबूरी के कारण)और पैनसन बनी 1190 रूपये।
😁😁
Sir I worked the same s company for 29 years and six months at the age of 68 years i took retired men From 1984 to 2013 i left the job what wii be my pension please let me know i am 75 years i want to know should I. fill the form or go to P F office please
@@pramilasinha7471 आप चेक करिए की आपका EPF और आपकी कंपनी का शेयर दोनो आपकी Basic pay का 12% अलग अलग जमा हुआ है या नही ?
यदि हां तो आप ऑप्शन भर सकते है EPFO के ऑनलाइन वेबसाइट पोर्टल पर ।
@@Nikhil9781has Kyu raha bhai? Kabhi Naukri ki nhi kya? Ya abhi bhi baccha hai
Hi! Can you advise on new pension system after recent supreme court order