Tuesday, July 30, 2013

EPS 95 Pension beneficiary can easily be paid Rs 3000/-PM Pension with the available resources



  The Pension corpus is increasing
  The provident fund interest has been around 9% in last few years
  The senior citizens are being paid 10.5% on their deposits
   On the basis of statistical information available from the PROVIDENT FUND AUTHORITY.RS 3000/- PENSION IS EASILY POSSIBLE WITH EXISTING RESOURCES.
YEAR

PENSION

PENSIONERS

INTERS!

INTEREST

INTEREST



CORPUS



AVAILABLE

AVAILABLE

AVAILABLE







PER

PER

PER







PENSIONER @

PENSIONER

PENSIONER @







9%

@10%

10.5% [senior











citizens)

2006-07

81606.22

2653181

2306.84

2563.16

2691.31

2007-08

94101.42

2952622

2390.28

2655.87

2788.67

2008-09

108578.3

3246131

2508.64

2787.38

2926.75

2009-10

123790.4

3510006

2645.09

2938.99

3085.94

2010-11

142760.9

3600089

2974.11

3304.57

3469.80

2011-12

162980

4000000

3055.88

3395.42

3565.19


   Year 2012
   Corpus 1,62,980.04 Crores
   Interest earned 13,315.79 crores
   Pensioners 40,00,000
   Amount available per pensioner per month Rs 2774/-
   Pensioners paid pension between Rs 4 to 1900 (28 lakh got less than 1000/- )
   Not a single person got Rs2774/-


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