In Pakistan we calculate pension by the following formula:
length of regular service x basic pay x 7
_______________________________
300
if someone's length of service is 26 years his basic pay is Rs. 30,000
then his monthly pension will be
26 x 30,000 x 7
_____________ = 18,200 rupees per month
300
How I can calculate the pension?
My length of job is 26 years and basic pay is 60800
Pension calculation formulas are different in different provinces and services .
pension equivalent gratuity
about 24 months
National Bank of Pakistan is a government sector bank. Normally National Bank of Pakistan is utilized by the Government of Pakistan to transact salaries of Government employees. National Bank of Pakistan is also used by the government to transact pension amount to the retired personnel.
Yes, if you have a Danish Identification number, then you are still a Danish citizen.
Well Wikipedia says: The pension amount is determined by a formula that takes into account the years served and the average pay for the top three years in terms of payment. In 2002, the average pension payment ranged from $41,000 to $55,000.
In Pakistan yes. The teachers who fall in permanent job category get their pension. But teachers with a contract type of job or in a private school of college have not any pension facility.
Old Pension Rs.5961 D P 2980 = Rs.8941. Advise new pension + D A. Old Pension Rs.5961 D P 2980 = Rs.8941. Advise new pension + D A.
what is the name of witch hazel in pakistan? Tahir
I am a former PIA employee. PIA pension rules state that a retired employee (pensioner) would receive the pension for his entire life. However, in case he dies, the widow shall receive pension as per the following rules: (i) If the retiree / pensioner has received pension for 10 years or more, no pension shall be paid to the widow. (ii) If the retiree / pensioner has received pension for less than 10 years, pension to the widow shall only be paid for such differential period. For example, if a pensioner has received pension for 8 years and he dies, the widow shall receive pension for only 2 years, where after the pension payment shall stop. I hope this answers the query. Kind regards, Syed Shahnawaz Nadir Shah
In adefined benefit plan the company pays the employee a fixed annual pension based on a formula. Factors that can influence it are: employee life expectancy, employee turnover, expected employee compensation levels, and investment income on pension contributions.
You can find the same formula in "Onset Tablet". I don't know rest of the world but the same formula is available in Pakistan. If you're in Pakistan, better to have a Onset tablet rather than Novoban. Novoban is 500%-600% expensive than onset.