The deadline for choosing a higher EPS pension has been changed to June 26, 2023, so participants will have time to evaluate their decision. A reader who has been with PSU for his 15 years wants to know if an EPS pension will benefit him. He estimates that about $13.5 million will need to be transferred from his EPF to his EPS account. This allows you to get this pension plus higher contributions for the rest of your services. The first step is to check if he is entitled to a higher EPS pension.
Therefore, I think it will take at least 10 years or more to reach retirement age. You should not choose a higher EPS annuity. They need professional help to organize their retirement plans.
This does not mean that others should opt for an EPS annuity. look:
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Dr. M. Pattabiraman(PhD) is the founder, editor-in-chief and principal author of freefincal. He is an associate professor at the Indian Institute of Technology, Madras. He has over 9 years of experience in publishing news analysis, research and financial product development.connect with him via twitter again link in, again Youtube. Pattabiraman has co-authored three printed books: (1) Goal-based investing can get you rich (CNBC TV18) For DIY investors. (2) game changer for young people breadwinner. (3) Chinchu got a supernatural power! for children.he also wrote 7 others free e-book Various money management topics. He is a patron and co-founder of “.commission only india,An organization that promotes impartial, fee-free investment advice.
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