Retirement benefits in TCS worth staying longterm?
Considering long-term career at TCS. What are the retirement benefits like? Provident Fund, Gratuity, Superannuation - how do they compare to other IT firms?
After attaining the age of 58 years you will be eligible for pension provided you joined tcs prior to Aug 2014 and had enrolled yourself for EPS ( Employee pension scheme) during your joining and thereafter have served at least 10 years of continuous service . Pension amount is calculated as = capped salary (i:e 15000 max) x pensionable service period divided by 70 . Assume, you joined tcs in Aug 2014 and was in service for 25 years . So on attaining your retirement (58) age you would receive a monthly pension amount as (15000*25)/70= Rs. 5357 (approx). To confirm your pension enrollment check if there is a contribution of Rs 1250 made every month in your EPS account by your employer (TCS) .
Considering long-term career at TCS. What are the retirement benefits like? Provident Fund, Gratuity, Superannuation - how do they compare to other IT firms?
What benefits do employees get on joining TCS? What are the health and wellness policies for employees and their families?
New joiner here. Confused about TCS salary structure. Basic, HRA, Special Allowance etc etc. Koi samjhayega how it's decided? Tax implications kya hai?