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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details