TCS
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ZippyCoconut
13moby
I think we contribute in pension scheme at tcs right? How we will get its benefits and when?
13mo ago

QuirkyBurrito
13mo
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) .
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