Content updation is under process....
- 10 Years minimum qualifying service
- Qualifying service - 25 Years
- Minimum payout - Rs 10,000 + DA
- Pension/Assured Payour =(50% of 12 Months Average Basic Pay) + DA
- Lumsum=(10% BP+DA) x No. of 6 Months qualifying service
- Assured Payout in case of Voluntary retirement - effective from the actual date of Superannuation not from the date of voluntary retirement.
- Death(after superannuation) - Family payout-60% of admissible payout
- Individual Corpus - E(10%) + G(10%)------> BP+DA
- Pool Corpus - G(8.5%)
- Benchmark Corpus - Regular receipt of applicable contributions
- Formula = (BP/2) x (No. Of month / 300) x (IC/BC)
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