The EPS pension amount is calculated using a specific formula: Pension = (Average Salary × Pensionable Service) ÷ 70. The ...
Most people working in the private sector worry about how to arrange for regular income in their old age. But if you are an EPFO member, you can get a pension from EPFO from the age of 58. But for ...
The monthly pension of an employee is determined by the period of service, rounding up the number of years if the employee has completed six months or more. For example, 10 years and 7 months of ...
Your Final Salary Pension is calculated from the salary you were being paid by Which? when you left the Scheme (1) and your length of service in the Scheme. The calculation works out the pension to be ...
For most salaried employees, the Employees’ Provident Fund is familiar territory, but the Employees’ Pension Scheme that sits inside it is not. Every month, a part of your employer’s EPF contribution ...
Allow me to introduce a new investing tool. I call it Pension Guard investing. It is a way to invest your taxable savings or money in an IRA rollover account that will help you maintain the purchasing ...