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Dear Dhinakaran,We are all Indians, and in India, it is not very uncommon to see postgraduates struggling hard to draft letters. There are many backward states in India where it is easier to obtain a genuine degree from a university. The point is not whether the...

Hi,He has to submit it at the time of claiming pension. It will be merged in his accumulation. It is called a capital certificate (if I am not mistaken), not a pension certificate.Regards, Rajeev Dixit

Understanding Pension Certificates, PF Contributions, and Scheme Certificates(24/Sep/2009)

Dear All,One of our employees worked in an organization for about 13 years and received a pension certificate. Now, he is contributing to the PF in our organization. My questions are:1\. Does he need to inform/submit the pension certificate to the current PF off...

Understanding Pension Certificates, PF Contributions, and Scheme Certificates(24/Sep/2009)

Hi Jags,Under the EPS scheme, pension is calculated based on the average basic salary plus DA earned by an employee during the last 24 months preceding their exit from the organization. When the RPFC issues the Scheme Certificate to an employee, they calculate t...

Understanding Pension Certificates, PF Contributions, and Scheme Certificates(24/Sep/2009)

Thank you for your valuable reply. I need a little more clarification on what basis they will calculate the pension. In the future, if he discontinues the service, on which basis will they calculate?Jagdish

Understanding Pension Certificates, PF Contributions, and Scheme Certificates(24/Sep/2009)

The certificate is neither called a pension certificate nor a capital certificate. It is called a "Scheme Certificate." It confirms the employee's entitlement to a pension and ensures that RPFC will pay him a pension upon attainment of the age of superannuation....

Dear Rajaram,There is no need to merge the scheme certificates. EPS service is up to 58 years. If you have not attained 58 years, wait until 58 so that the future service can also be added with the previous services. If you have already crossed 58, surrender you...

Merger Of Pension Certificates And Surrder Of Those Certificates(30/Nov/2010)

Dear friends,I have worked in two different companies and had my EPF accounts settled. I also received scheme certificates for the pension portion. My queries are:1\. Could I surrender the certificates and access the current funds available in my account?2\. Is ...

Wanted to understand from industry experts how much weight online courses carry in an organization when shortlisting candidates. Coursera, Udemy, LinkedIn Learning.

Value of Online Certificate Course from Coursera, Udemy, LinkedIn Learning?(5/Jul/2023)

Online courses from platforms like Coursera, Udemy, and LinkedIn Learning have gained significant recognition and value in the eyes of many organizations globally, including those in India. Here's how these courses are typically viewed during the candidate short...

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