🔴3 Reasons You will get less PF pension | REAL Pension Calculation Formula | LLA EPS Ep#2
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In this 2nd Episode of the LLA EPS Series, we will discuss how pensions are calculated. Pensions are an important part of retirement planning, and it's crucial to understand how they are calculated so you can make informed decisions about your retirement. By the end of this video, you'll have a solid understanding of how pensions are calculated, and you'll be better equipped to make informed decisions about your retirement.
Read the blog in English: labourlawadvisor.in/blog/real...
Chapters:
0:00 Introduction to PF Pension
2:27 Eligibility for pension
3:09 EPS Pension Calculation Formula
4:14 Pensionable Salary
4:55 Pensibnable Service
6:04 Pension Calculation Example
7:10 Pro Rata Pension Calculation
8:35 Family Pension Scheme
9:12 Real-Life Pension Calculation Example
12:20 Delay in Pension
14:00 Bonus Tip
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Episode 1: • ⚫Pension Withdrawal कम...
Episode 2: • 🔴3 Reasons You will ge...
Episode 3: • 🟥PF Death & Disablemen...
PF Pensioner Portal: mis.epfindia.gov.in/PensionPa...
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Пікірлер: 770
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@Princetri
3 жыл бұрын
If our pf is deducted then can we apply of APY (Atal pension yojna) plz provide answer...
@arunkapale5063
3 жыл бұрын
Is early pention is good? Worked from 2010to 2017, now not working. Withdrawal or early pention at the age 40 is possible?
@paranjyothikm3695
3 жыл бұрын
Ii for po
@shailendrakumarsrivastava1714
3 жыл бұрын
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.
@subhashchandratripathi5617
3 жыл бұрын
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.
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
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!
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.
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 आसन और अच्छा से समझ आया ध्न्यावाद 🙏🙏
Crystal clear. Great.👍🏻 Tips at the end are really eye opener. Thanks!
Very useful information.. Really helps. Thanks for this video.
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.
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.
@sehat-sansar4988
3 жыл бұрын
You can get reduced pension at the age of 50
Thank you for sharing valuable information!!! Superb !
Beautifully explained Jain saheb. Thank you.
Thank you so much for this wonderful session 👍👍
VERY GOOD INFORMATION USE FULL FOR EVERY PENSIONER .THANKS FOR YOUR TURE SPIRIT.
बहुत सुंदर और आसान तरीके से समझाया गया। बहुत कम की जानकारी
@sanjay1074
3 жыл бұрын
काम
Excellent knowledge provided by you sir. keep it up! Very happy to watch your video.
Your knowledge is high class thanks
Very knowledgeable information and guidance.
Very nice informative video. 100℅ correct information about eps pention. Thanks.
Excellent 👌 video. Very well articulated. Thanks Rishab. Keep up the good work.
Thank you, Sir, for your explanation was very transparent.
Thank you sir.... Very informative vdo..
Good morning sir. Your calculation is perfect and real one.👍✋🙏🙏🇮🇳🇮🇳🇮🇳👍✋🙏
Excellent video on EPS . I have not been able to find any video even close to this . 👍👍👍
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
Thank You very much For this informative video 🙏🙏🙏🙏🙏
Very good informasation about pensation skim Thanks mhoday.
THANKING YOU SIR FOR GOOD INFORMATION RELATED TO EPFO PENSION CALCULATION.
Dear Sir,bahut achcha information hai
Nice explanation, thanku
Thanks for sharing valuable information
Phir Bhai Aapne Uncleji Ki " Early Pension " Kyun Shuru Nahi Ki As Per Your Golden Tip.... 😇🙏
Thanks sir your knowledge high class
Very useful information.
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.
Thank you Sir for good important calculation regarding eps 95 pension.
@satyendryadav6494
3 жыл бұрын
Nps pe koi video banaye plz ki hme 20 years bad kitni pensan milegi
Thanks a lot for the wise advice!
Good very useful information thank you sir
This channel is a hidden gem.
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.
@gangarambabu2197
2 жыл бұрын
🙏🏿 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.
@saifmaniar9007
3 жыл бұрын
Thank you Mr Jain you have explained the topic very simple way and it will help me a lot.
thanks.good study.is pension se koi labh nahin.
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
Thanks sir to awareness regarding of pension calculation means real talk
Knowledgeable and approachable
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
Thanks sir very Well explain 🙏
Thank you good and informative video
first time i get upuodate knowledge about pf pention in this vedeo . thanks a lot.
Thanks. For.. Telling.. Truly. Fact s
Excellent...!!
Sir, Very clear Naration.
Thank you sir very useful information 👌🏻
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 presentation
Dhanyavad 🙏
Thanks for information.
Very informative
very good information
Excellent information
Vary valuable info.... Even lot of people dont knoe about 4% paisa kaha gaya...
Good enformation 👍👍👍
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.
My heartily best wishes, I have just retired, very fruitful information, thankful to you
Excellent information sir
Wonderful......
Sir thanks for make this video
Nice informative video
Ok all the best to you I like your camments keep it up and help poor pensioners.ok
Excellent
Very useful
excellent 👍👍👍
Thankyou i know this but answer i get by your vedio
Thank You Sir Ji
Sar your pension formula is correct as per the your calculation two Pensioners PPO very seem Pension Amount Show Thank you
@sandeshdeshmukh1018
3 жыл бұрын
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
V good information
Usful information...
Thankyou
V good information sir
Thank you
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.
this is the first time i know each n everything befor release the video
@paraharsh20
3 жыл бұрын
Wow
Thanks
Hi could you make a video on if we should opt in for VPF, or can u provide your feedback on this?
Prorata Pension funda clarified. Thanks.
Thank you very much, you have given very important information.
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 .
Sir, please make video on Procedure of Early Pension. Thanks
excellent
Please make a video on new rules of higher pension?? Also who should go for it
Namaste sir🙏
Hi Good Morning Rishab Just we have seen your You Tube Channel Very nice Theory about PF
Thanks sir
Nice information. What about pension for international worker ?
Have you made any video regarding recent supreme court judgement removing pensionable salary limit?
Thanks 🙏 sir