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What is the quantum of pension a member can get on his superannuation?

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Jai Jai
Answered on December 06,2019

A member who joins the Employees’ Pension Scheme 1995 at the age of 23 and superannuates at the age of 58, and contributing to the (present) wage ceiling of Rs.15000/- may get about Rs.7500/- as pension if service is 35 years.(Pensionable Salary X Pensionable Service)/70 = (15000x35)/70 = 7500

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