Highlights of Awareness Webinar online Meeting on EPS 95 by NTPC
1. No return of Capital in this Scheme
2. Option of Commuted Pension is not available
3. Provision of Withdrawal from PF is not allowed in any case
4. Amount of Pension per month not told by EPFO
5. Scheme may be change in future if funds are shortage for pension
6. Calcuation of Pensionable salary not disclosed by EPFO
7. Provision of set-off for difference of arrear not avaliable
8. No government guarantee for financial viability
9. No benefit in pension amount against Increase in dearness allowance
10. No loan and advances granted by EPFO
11. Employees who joins after 2014 are not eligible for this Scheme
12. 8.33% of your Basic+ D.A per month transferred to EPFO which is not returnable
13. Break Even Point for getting your invested corpus is about 08 years
14. Children above 25 years are not allowed for family pension except medically handicapped.
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