🔴3 Reasons You will get less PF pension | REAL Pension Calculation Formula | LLA EPS Ep#2

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  • Опубликовано: 19 дек 2024

Комментарии • 782

  • @LabourLawAdvisor
    @LabourLawAdvisor  4 года назад +20

    💸DEMAT Account: link.lla.in/Demat
    📚Payroll, Excel & Labour Law Courses for career growth: lpt.institute/courses/
    File ITR: link.lla.in/Tax

    • @Princetri
      @Princetri 4 года назад +3

      If our pf is deducted then can we apply of APY (Atal pension yojna) plz provide answer...

    • @arunkapale5063
      @arunkapale5063 4 года назад

      Is early pention is good? Worked from 2010to 2017, now not working. Withdrawal or early pention at the age 40 is possible?

    • @paranjyothikm3695
      @paranjyothikm3695 4 года назад

      Ii for po

    • @shailendrakumarsrivastava1714
      @shailendrakumarsrivastava1714 3 года назад

      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
      @subhashchandratripathi5617 3 года назад

      Subhash Chandra the world

  • @SSGupta56
    @SSGupta56 Год назад +3

    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.

  • @lynn6589
    @lynn6589 2 года назад +9

    Sir, I have face similar problem after my retirement. You have elaborated & easily demonstrated pension calculation. Thank you very much.

  • @asheeshvijay6704
    @asheeshvijay6704 3 года назад +6

    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!

  • @canarendranandankanan
    @canarendranandankanan 3 года назад +4

    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

    • @dheerajrokade1577
      @dheerajrokade1577 3 месяца назад

      Was your service history upto-date ? Many of us face issue with service history record not being proper on the portal.

  • @laxmanpatil6886
    @laxmanpatil6886 2 года назад

    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

  • @narendrahate5404
    @narendrahate5404 2 года назад +2

    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.

  • @priyankapuri4364
    @priyankapuri4364 4 года назад +2

    Thanku sir, main apko mostly sari video dekhti hu. Jo bhi Telegram par aap share karte ho. Kafi knowledge milti hain.

  • @wenkatleo
    @wenkatleo Месяц назад

    Today I got my ppo.compliacated case. Chennai office thane office nagpur office and kandivali office all consolidated and then follow up. this video was very useful

  • @chellamsankaran7209
    @chellamsankaran7209 3 года назад +3

    Beautiful Bonus tip I was thinking about and lots of learning. Great work Law Decoder. Jai Hind Jai Bharat

  • @vinayakpatil5348
    @vinayakpatil5348 4 года назад +7

    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..

  • @ajitnadgouda6079
    @ajitnadgouda6079 4 года назад +3

    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
      @sehat-sansar4988 3 года назад

      You can get reduced pension at the age of 50

  • @sanjay1074
    @sanjay1074 4 года назад +3

    बहुत सुंदर और आसान तरीके से समझाया गया।
    बहुत कम की जानकारी

  • @pdahuja4736
    @pdahuja4736 4 года назад +1

    बहुत आसन और अच्छा से समझ आया ध्न्यावाद 🙏🙏

  • @pritalpawdeyeragi241
    @pritalpawdeyeragi241 3 года назад +1

    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

  • @Manoj-zo2li
    @Manoj-zo2li 4 года назад +2

    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
      @saifmaniar9007 3 года назад

      Thank you Mr Jain you have explained the topic very simple way and it will help me a lot.

  • @dattarajdevidasnaik2956
    @dattarajdevidasnaik2956 Год назад +1

    Phir Bhai Aapne Uncleji Ki " Early Pension " Kyun Shuru Nahi Ki As Per Your Golden Tip.... 😇🙏

  • @mdsaberali4905
    @mdsaberali4905 4 года назад +6

    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
      @gangarambabu2197 3 года назад

      🙏🏿 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

  • @khaderalikhanafridi9168
    @khaderalikhanafridi9168 3 года назад

    Good morning sir. Your calculation is perfect and real one.👍✋🙏🙏🇮🇳🇮🇳🇮🇳👍✋🙏

  • @arjunkaingade6259
    @arjunkaingade6259 Год назад

    VERY GOOD INFORMATION USE FULL FOR EVERY PENSIONER .THANKS FOR YOUR TURE SPIRIT.

  • @shreya26173
    @shreya26173 3 года назад

    My heartily best wishes, I have just retired, very fruitful information, thankful to you

  • @sudhakarmajalkar1026
    @sudhakarmajalkar1026 2 года назад

    Very nice informative video. 100℅ correct information about eps pention. Thanks.

  • @sandeshdeshmukh1018
    @sandeshdeshmukh1018 4 года назад +1

    Sar
    your pension formula is correct as per the your calculation two Pensioners PPO very seem Pension Amount Show
    Thank you

    • @sandeshdeshmukh1018
      @sandeshdeshmukh1018 4 года назад

      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

  • @gkverma8008
    @gkverma8008 2 года назад

    first time i get upuodate knowledge about pf pention in this vedeo . thanks a lot.

  • @bhanudasborse1866
    @bhanudasborse1866 3 года назад +1

    Very good informasation about pensation skim Thanks mhoday.

  • @piyushparikh3539
    @piyushparikh3539 Год назад +1

    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?

  • @pssriram
    @pssriram 2 года назад +1

    Excellent 👌 video. Very well articulated. Thanks Rishab. Keep up the good work.

  • @malaynavneetgovil1524
    @malaynavneetgovil1524 2 года назад

    Excellent video on EPS . I have not been able to find any video even close to this . 👍👍👍

  • @SanjeevKumar-to2kp
    @SanjeevKumar-to2kp Год назад +1

    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

  • @vaibhav_sathe
    @vaibhav_sathe 2 года назад

    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

  • @webmace
    @webmace 3 года назад

    5:43 " दो साल का बोनस मिल जायेगा " --> Mr Jain, People generally understand "BONUS" as " Bonus in Rs." , this term " Bonus" that you have used maybe mis-interpreted.
    2. Same here at 5:49 , " .. आपको बीस years प्लस 58 के बाद ही पैन्शन apply करनी होगी .." ...is not straight forward statement.

  • @healthiswealth2719
    @healthiswealth2719 Год назад

    LLA is the Master 🙏🙏

  • @surendrapathak8455
    @surendrapathak8455 2 года назад

    Beautifully explained Jain saheb.
    Thank you.

  • @NomadHustler
    @NomadHustler Год назад

    Great video LLA, could you please make a video on how to withdraw full pension if PF is already received however pension is stuck . Thanks!

  • @vijaydayama3682
    @vijaydayama3682 2 года назад

    Thanks. Now let the supreme Court to decide EPFO revision.
    Decesion expected in Aug 2022.
    I will revert.
    Thanks

  • @mithileshgohite488
    @mithileshgohite488 4 года назад +1

    Vary valuable info....
    Even lot of people dont knoe about 4% paisa kaha gaya...

  • @23sukhy
    @23sukhy 4 года назад +1

    Very useful information.. Really helps. Thanks for this video.

  • @jaswantdas8510
    @jaswantdas8510 2 года назад

    भाई ठीक से देखा पर कुछ समझ नही आया you are the master in this topic

  • @rajendrakulkarni7025
    @rajendrakulkarni7025 3 года назад +1

    Crystal clear. Great.👍🏻
    Tips at the end are really eye opener.
    Thanks!

  • @krishnadebnath6670
    @krishnadebnath6670 4 года назад +1

    Thank you Sir for good important calculation regarding eps 95 pension.

    • @satyendryadav6494
      @satyendryadav6494 4 года назад +1

      Nps pe koi video banaye plz ki hme 20 years bad kitni pensan milegi

  • @webmace
    @webmace 3 года назад +2

    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.

  • @AbhijitChandekar
    @AbhijitChandekar 4 года назад +1

    Thank you for sharing valuable information!!! Superb !

  • @rajbhardwaj9551
    @rajbhardwaj9551 3 года назад

    U r right jain sir ji every place wrong calculation formula my pensionable salary on PPO is rs 11175 and service 32 years from 1985 to 2017 and my pension is rs 2850 per month

  • @myknowledgeocean8360
    @myknowledgeocean8360 4 года назад +1

    Very knowledgeable information and guidance.

  • @mangeshsawant1653
    @mangeshsawant1653 4 года назад +1

    this is the first time i know each n everything befor release the video

  • @subrataghosh3413
    @subrataghosh3413 2 года назад

    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 .

  • @knowledgeisgod.8856
    @knowledgeisgod.8856 2 года назад

    Excellent knowledge provided by you sir. keep it up! Very happy to watch your video.

  • @ramprajapati2591
    @ramprajapati2591 2 года назад

    Sir apke batane ka andaz sabse alag or mast hai koi bhi video dekh lo

  • @kanteshwarsathawane4982
    @kanteshwarsathawane4982 Год назад

    Sir person abhi service me hai or 20 years service baki hai or company cpf Jo 12 % tha o abhi new eps ke bad 8.33 epf me jayga contribution jyada hoga , to pension increase hogi ya nhi,, ye topic pe video banaye,, vry nice information sir

  • @ahmedvnit
    @ahmedvnit 6 месяцев назад

    couple of questions - 1. the pension fixed - at the time of retirement, will it increase in the future depending on the inflation ... something like DA. 2. If I take early pension and decide to work later, how will that work? Will the government does not allow me?

  • @vijaykumarbanga1283
    @vijaykumarbanga1283 4 года назад

    thanks.good study.is pension se koi labh nahin.

  • @andaneppaijeri5544
    @andaneppaijeri5544 2 года назад

    Sir, Very clear Naration.

  • @AMITSHARMA-cw8ri
    @AMITSHARMA-cw8ri Год назад

    Sir please make video on latest pention decision given by supreme court of India regarding higher pension those who have been retired before 2014

  • @yogirajnaidupasupulati2373
    @yogirajnaidupasupulati2373 4 года назад

    Ok all the best to you I like your camments keep it up and help poor pensioners.ok

  • @ajaysinghbhati1905
    @ajaysinghbhati1905 4 года назад

    बहुत शानदार सर, कृपया आप ट्यूशन लेते है क्या

  • @KuldeepNegichannel
    @KuldeepNegichannel 4 года назад +2

    Thank you so much for this wonderful session 👍👍

  • @THE_PROFESSOR_1
    @THE_PROFESSOR_1 3 года назад

    THANKING YOU SIR FOR GOOD INFORMATION RELATED TO EPFO PENSION CALCULATION.

  • @umeshd5645
    @umeshd5645 3 года назад

    Good very useful information thank you sir

  • @ajitnadgouda6079
    @ajitnadgouda6079 3 месяца назад +1

    Do you think it makes sense to withdraw the Pension amount in lump sum, rather than taking monthly pension? Lets say rate of interest for investing the lump sum amount is 7%. What could be the break even age?

  • @srkumar3921
    @srkumar3921 4 года назад

    Dear Sir,bahut achcha information hai

  • @logincomputers4456
    @logincomputers4456 3 года назад

    Sir, Pahele to aapka bahuth shukriya ke aapne itna clear se samjhaya. nxt mere saath yeh hua , mai jo company mein kaam kar chuka hu (lag bhag 4 years 9months) aur mere mother ke health issue ko lekar maine pehele 5 din ka leave apply kiya aur mai wapas job pe nahi jaasaka, finally mai job quit kardiya 2015 mein abhi tak mai PF Claim Nahi kiya hu. aur meri company mere date of exit same bata rahi hai jaise mera date of joining, hala ki mai 4 years nine months ke kareeb service diya hu.. aap meri help kare ke mai kya karu, taki mai PF Claim Karsaku... Please jarur reply kijiye....

  • @sreenivasr8971
    @sreenivasr8971 3 года назад

    Prorata Pension funda clarified. Thanks.

  • @sunnybamel2139
    @sunnybamel2139 4 года назад +1

    Thankyou i know this but answer i get by your vedio

  • @srinivasachar1885
    @srinivasachar1885 3 года назад

    Thanks. For.. Telling.. Truly. Fact s

  • @harindersinghgill7707
    @harindersinghgill7707 Год назад

    Please make a video on new rules of higher pension?? Also who should go for it

  • @sanjaydeokar1332
    @sanjaydeokar1332 2 года назад

    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.

  • @GopiNath-yn3dg
    @GopiNath-yn3dg 4 года назад

    Hi Good Morning Rishab Just we have seen your You Tube Channel Very nice Theory about PF

  • @rameshnaik3559
    @rameshnaik3559 3 года назад

    Pension calculation, before 95, 95to 2014, 2014 to recent. Taken average for three will be pension last amount.

  • @ManishKumar-cg7dy
    @ManishKumar-cg7dy 4 года назад +4

    just a side note, information is good , par jaan ke kya ukhad loge. milega to utna hi. :D

  • @hemakshimehta120
    @hemakshimehta120 Год назад

    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.

  • @mansukhshingadiya8838
    @mansukhshingadiya8838 2 года назад

    Thank you sir
    Aapne is vediyome best samjaya hai
    Aapke fadhthr ki tarah hi mreko pention milrahi hai...hal me muje 27 monthse 3594 pantoon milrahi hai aur me March 22 me ritayar huva hu...to e p f o walo pay limit 20,000 karte hai to muje naya totel pantoon kitna milsakta hai....???

  • @nikhilbhatt7787
    @nikhilbhatt7787 2 года назад

    pls make video on all forms with number used in pf, death claim, esi . for example form number 22 used for funeral, like this

  • @gopalprajapat9131
    @gopalprajapat9131 4 года назад +1

    Your knowledge is high class thanks

  • @alinchatterjee1987
    @alinchatterjee1987 3 года назад

    This channel is a hidden gem.

  • @Baljeetsingh-zk5dk
    @Baljeetsingh-zk5dk 3 года назад

    Thanks sir to awareness regarding of pension calculation means real talk

  • @hashimjaffer4128
    @hashimjaffer4128 3 года назад

    Thank you, Sir, for your explanation was very transparent.

  • @dnarasimhareddy
    @dnarasimhareddy 2 года назад

    My situation is almost like your your example at 6:04, Joined in job on 4 sept 2000, stop working from 4 sept 2022. I completed 49 years last month. How much pension I get, procedure for applying for it? Thanks in advance.

  • @apsarpashainamdar2843
    @apsarpashainamdar2843 3 месяца назад

    Very good Information sir ❤

  • @gpattanaik
    @gpattanaik Год назад +1

    Hi! Can you advise on new pension system after recent supreme court order

  • @puneetgupta5622
    @puneetgupta5622 Год назад

    Sir your team is best .... I just need a guidance hoping for a response,
    So my mother completed her 58 years and she is still working, employer still contributing in her EPS, so will it cause issue when she will apply for her pension. What should be done here, please guide me.....

  • @pravashchandrasamal4086
    @pravashchandrasamal4086 4 года назад +1

    Best pf video ever sir......

  • @satishsharma3585
    @satishsharma3585 Год назад

    In my opinion Government should give Employees an option to withdraw his/her pension fund if he/she doesn't want to get EPS .

  • @mukunddashputre276
    @mukunddashputre276 2 года назад

    Sir nicely explained but sir abhi jo pension badha ne ki baat ho rahi hey uske bareme jan kari दीजिए please

  • @197976197
    @197976197 4 года назад

    Few question 1) Why can i not withdraw my money if I have contributed more than 10 years(2) What is the point of giving pension if it is so less, Are you working is this direction

  • @glnjaya
    @glnjaya 2 года назад

    Yes, can u make video based on SC order....

  • @sawaisinghnandera9146
    @sawaisinghnandera9146 4 года назад +26

    27 साल सर्विस की लेकिन कम्पनी अचान बंद होगयी जिसका सात वर्ष तक इंतजार किया और फिर त्याग पत्र दिया ,(आर्थिक मजबूरी के कारण)और पैनसन बनी 1190 रूपये।

    • @Nikhil9781
      @Nikhil9781 2 года назад

      😁😁

    • @pramilasinha7471
      @pramilasinha7471 Год назад

      Sir I worked the same s company for 29 years and six months at the age of 68 years i took retired men From 1984 to 2013 i left the job what wii be my pension please let me know i am 75 years i want to know should I. fill the form or go to P F office please

    • @kumarparveendtl
      @kumarparveendtl Год назад

      @@pramilasinha7471 आप चेक करिए की आपका EPF और आपकी कंपनी का शेयर दोनो आपकी Basic pay का 12% अलग अलग जमा हुआ है या नही ?
      यदि हां तो आप ऑप्शन भर सकते है EPFO के ऑनलाइन वेबसाइट पोर्टल पर ।

    • @aayush123-m8w
      @aayush123-m8w 9 месяцев назад

      @@Nikhil9781has Kyu raha bhai? Kabhi Naukri ki nhi kya? Ya abhi bhi baccha hai

  • @OnlyCritics
    @OnlyCritics Год назад

    Make vedio on higher pension scheme with examples

  • @jayantabiswas2678
    @jayantabiswas2678 4 года назад

    Thank You very much
    For this informative video 🙏🙏🙏🙏🙏

  • @kamleshpoddar7712
    @kamleshpoddar7712 4 года назад +1

    Thank you sir....
    Very informative vdo..

  • @cityofjoy8830
    @cityofjoy8830 3 года назад +4

    Sir do you offer individual advise on these pension issues/ calculation by paid consultation.🙏

  • @deepaksahu1986
    @deepaksahu1986 Год назад

    Hi Team...plz help to make a video on latest changes to EPS 95 pension. Should we go ahead with revision or maintain status quo.

  • @2viviek
    @2viviek 4 года назад

    Please make video on NPS also. Is it beneficial to invest and what will a person get by the age of pension.

    • @LabourLawAdvisor
      @LabourLawAdvisor  4 года назад

      We have a whole playlist on NPS, go checkout the playlist section

  • @webmace
    @webmace 3 года назад

    Jain Sir, It is " डिटरमिन " and NOT " डिटरमाइन ". 3:47 . Please take notice of it.

  • @harinisn9385
    @harinisn9385 2 года назад

    Hi can you make a video taking 4th November 2022 Supreme Court judgement into account

  • @83chank
    @83chank Год назад

    Sir, Higher Pension scheme pe bhi ek episode banaye.

  • @kingjatin5116
    @kingjatin5116 4 года назад +2

    Namaste sir🙏

  • @SachinKumar-kn2nq
    @SachinKumar-kn2nq 3 года назад

    Good enformation 👍👍👍

  • @shankarkumarthakur5599
    @shankarkumarthakur5599 4 года назад

    Pension par detail me video banane ke liye dhanybad Sir!
    Mera sawal hai mai pichhle 7 saal se ek company me hob kar raha hu auar pension fund me contribute kar raha hu. Kya 10 saal ke bad pension fund me contibution band kar sakte hai ya agar mai retirment ke age tak koi company me job karta hu to retirment age tak pention fund me contribute karna padega?? Please answer kare iska

    • @LabourLawAdvisor
      @LabourLawAdvisor  4 года назад

      Yes

    • @shankarkumarthakur5599
      @shankarkumarthakur5599 4 года назад

      @@LabourLawAdvisor 10 Saal ke bad contribution band kar sakte hai. Ya retirment age tak pension fund me jama karna padega?

  • @shubhangigavkar1219
    @shubhangigavkar1219 2 года назад

    Sir, please make video on Procedure of Early Pension. Thanks

  • @sanjaypatil-kj4qv
    @sanjaypatil-kj4qv 4 года назад +1

    Very useful information.