i Previous

Next i

Benefits/Pension

Under EOB Scheme, Insured Persons are entitled to avail benefit like, Old-Age Pension (on the event of retirement), Invalidity Pension (In case of permanent disability), Old-Age Grant (an Insured Person attained superannuation age, but does not posses the minimum threshold for pension) Survivor's Pension (in case an Insured Person is expired)

Kind of Benefits/Pension:

• Old-Age Pension

• Survivor's Pension

• Invalidity Pension

• Old-Age Grants

Pension Formula:

          (Avg. monthly wages x No. of yrs of Insurable Employment)
                                                                     50

Pension Rates:

• Minimum          RS. 2000/=

• Maximum         As Per Formula