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PENSION | |||
| 141 | Employee has left his employment on reaching age 45. He has deferred his pension till 58. He has become permanently disabled after 3 years from leaving service. Does he receive disablement pension?
No, he will receive disablement pension from date of disablement only if such disablement occurs while in service. |
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| 142 | Employee has left his employment on reaching age 45. He has deferred his pension till 58. He has become permanently disabled after 3 years from leaving service. Does he receive disablement pension?
No, he will receive disablement pension from date of disablement only if such disablement occurs while in service. |
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| 143 | What is Commutation?
It is the option to receive a capital sum today instead of receiving a monthly pension for rest of your life. |
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| 144 | What is Commutation?
It is the option to receive a capital sum today instead of receiving a monthly pension for rest of your life. |
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| 145 | What is the rate of commutation?
It is upto 1/3rd of the Original Pension. Suppose the original pension is Rs.600/-, the commutation value is Rs.20,000/-. On commutation, the pension payable will be Rs. 400/-. |
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| 146 | What is the rate of commutation?
It is upto 1/3rd of the Original Pension. Suppose the original pension is Rs.600/-, the commutation value is Rs.20,000/-. On commutation, the pension payable will be Rs. 400/-. |
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| 147 | Employee is a member of The Employees' Pension Scheme. What are his duties?
He should provide his employer with such details as would be required for the scheme purposes. He should submit his scheme certificate to his new employer if he changes his employment. |
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| 148 | Employee is a member of The Employees' Pension Scheme. What are his duties?
He should provide his employer with such details as would be required for the scheme purposes. He should submit his scheme certificate to his new employer if he changes his employment. |
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| 149 | When can an employee avail the benefit of Employee pension fund scheme ?
An employee can avail the benefit after completion of 58 years of service. |
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| 150 | When can an employee avail the benefit of Employee pension fund scheme ?
An employee can avail the benefit after completion of 58 years of service. |
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