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In order to calculate the monthly pension in this case, following points need
to be kept in mind:
Employees retiring after this date get an additional pension for the past
period. The above pension amount is enhanced by 8% for each subsequent
year
Withdrawal benefit
Form 10C Beneficiary or member
Scheme Certificate
To be submitted by pension
Life Certificate Pensioner November
To be submitted to the man
To be submitted by widowe
Non-remarriage Certificate Widower/widow To be submitted by widow
To be submitted to the man
FAQ’s
1. I am 54 years old and a member of the Family Pension Scheme. I have
left my job on 13-12-93. I have already taken the withdrawal benefit. Am I
eligible to join the new scheme now?
Yes, you can join the new scheme, provided you refund the withdrawal
benefit along with the interest. Thereafter, you will be entitled to receive
pension after you turn 58 years old, if you complete a minimum of 10 years
of contributory service by then.
2. Can a 58 year old Family Pension Scheme Member who has retired on
15-01-94, avail pension under the new scheme?
Yes, if he or she has retired after reaching the age of 58 years, and between
01-04-93 and 15-11-95, the employee may join the new scheme after
returning the withdrawal benefit plus interest. The member is then entitled
to pension immediately, starting from the date of exit provided he has
completed 10 years of eligible service.
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