Hi Folks: I have been working in an organization for 9 years and 2 months. I heard from my brother and friend that after completing my 10 years, I will not be able to take part of my PF. I do not know how much it will be. I am working for more than 9 years still there is a LOT of difference between my actual salary which is dependent on multiple parameters which differs from month to month, but where as my Basic is less than 10% of my actual salary. But after working so many years also, I currently not in a very good economical state and I am married and with 2 daughters. There is no difference for me if I quit work here and join other company, in fact maybe I may get a better Basic pay over there, still I wanted to know what amount of my PF amount will be going towards pension. I actually do not intend to take any pension when I am 58 {Now I am 30 and after 28 years what pension will I get for the basic of Rs. 2400 today}. Kindly reply.. Thanks in advance

Well ..The PF paid for you every month differs according to your pay for every month (you may have got an increment ) Roughly make it as 24 % of your (Basic + DA) calculate it for every month individually with your pay slip and you will also get a interest for your PF amount at the time of claiming.

- Yamuna