Business Studies, asked by amitmassey4827, 1 year ago

What is employee pension scheme and how is it calculated for foreigners

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Answered by Anonymous

What is the maximum amount of Pension available under EPS? Based on a maximum employment period of 35 years, and maximum contribution of Rs 15000, the maximum amount of pension as per the Pension formula would be = 15000 * 35/70 = Rs 7,500 per month or Rs. 90,000(7500 * 12) per year.

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