Pension Scheme working

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
21 October 2010 After my father expired me, my elder brother and my mother started receiving pension everymonth from the private company he was employed with.

The terms were that my mother will receive the pension life long n my brother n i will receive it till we attain 25 years of age.

Now i would like to illustrate my querry.

Pension as received :-
My mother Rs. 2000
My Brother Rs. 500
Myself Rs. 500
Total Pension Rs. 3000

After my brother attained 25yrs age, pension received:-
My mother Rs. 2000
Myself Rs. 500
Total Pension Rs. 2500

Now the question that i want to ask is that, the pension we receive as a family is computed on the basis of the salary my father had. But now we receive less total pension.

Isn't it that my mother should now start receiving Rs. 2500?

Please help me out and do lemme know if I m correct in thinking so?

If yes how can we proceed in putting forward this to the Company we receive pension from. And how to recover the arrears and interest if any applies..?

21 October 2010 Pension scheme is created by management and duly accepted by representative of employees. You cannot interpearte it for your benefit, whatever mentioned in the document that will be applicable.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details