New EPFO Higher Pension Calculation Formula | Pro Rata Calculation | Every Paisa Matters

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New EPFO Higher Pension Calculation Formula | Pro Rata Formula | Latest News | Every Paisa Matters | EPS 95 Pension Scheme
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Sir, Comparative analysis is beautifully explained. Please make the same in English also.
Sir, kindly explain in your next Video in Hindi as well as English : -

1.Whether the Hon'ble Supreme Court in Sunilkumar B case has categorically held that average pay of last sixty month's is to be the sole criteria for calculation of pension on actual salary?

2. What is the provision of Para 10, 11 & 12 of EPS 1995 which was amended on 22.08.2014 say about?
1.Only Last 60 month's average or
2. Combination of last 60 month's average pay & Pro-rata
which is legally correct in view of Hon'ble Supreme Court Order in Sunilkumar B case.?

3. 2014 amendment having been upheld by the Hon'ble Supreme Court what are the implications of it on calculation?

4. Whether the calculation method mentioned in EPFO email dated 14.02.2024 is correct?

manjunathbv
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Good morning!
Thank you for your detailed analysis in simple way.
I completed 60 years. I applied on line for higher wages pension in September 23 last year.
Till date, no information.
What could be next step?
I would appreciate if you throw light on it.

sandipghiya
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Very well explained, if you can analyze how much pension you get as final against how much you have contributed till last day. Is it benefitable to employee keep in EPRO or Keep in Mutual Fund to get better return

sanjeevranjan
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Mera retirement nov.2017 ka h kya higher pention kam banegi abhi demand later nahi aaya h demand later aprox. Pention batana chahiye

a.varadpandey
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सर, मेरा एक सवाल है # डिमांड लेटार मिलने के बाद, चेक जमा करने के कितने दिन बाद पेंशन चालु हुआ, अगर आप का जानकारी में है तों।

roamingdsk
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इससे अच्छा है, सरकार epfo डिपार्टमेंट बंद करके लोगोका पैसा वापीस कर दे.

milindlokhande
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महाभारत में अभिमन्यू फसे थे, इस तरह eps 95 फस गये है,

sureshvyavhare
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इंतजार रहेगा 2015 मे रिटारमेंट वालोको किस फॉर्म्युला से पेन्शन कॅल्क्युलेट होगी, धन्यवाद

dipaksiras
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Sir please provide the link of second video @epm

sumansamaddar
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You have shown of retiree retired in 2022.
Can you explain the retiree case retired pre sept 2014 i.e. say in march 2014

subhajitbhowmick
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Thank you sir, you explain complex things in a very simple manner.
Thank you very much 😊

divyansharya
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Sir thanks for giving relief to senior citizens of got employee
But what abt senior citizens of pvt servents of pvt sector
They r disappointed
Kya unka kuch nahi ho sakhta hai

usharao
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As per EPFO reports to Govt. It is incurring loss.govt has plans to close loss making units and as such action on EPFO be taken and money be refunded to all members with interest so that they can live happily.

manmohantak
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Lifetime average monthly pay proper rahega, if they consider. Jitna pay kiya utna pension mile ek usi formula me. Baki jaise pay anomaly likewise pension anomaly may be. Ek calculation us lifetime average pay par ho sake to karke dekhna.

chimanradia
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I have applied. But, yet to get the pension. When is it likely to be distributed?

muralinambi
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Please check if EPFO is giving arear of higher pension for superannuated period

surinderkumarbansal
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My Employer is unable to approve/reject my higher pension application. He says button is disabled. Please let me know how to resolve.

sameerpandharipande
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Sir, can you please let us know the calculation if someone is retired in Jul 2019 by which it is only 59 months from sep 2014

ashwaq
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Kindly advise how to calculate 60 months for those retired in April 2018

RavindraSingh-vbjx
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Dear sir, wha is the time frame of epfo to pay back the arrears. Please provide the details sir

nedunurivenkatasairam