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Kirtan A Shah |77 Answers |Ask -Follow

MF Expert, Financial Planner - Answered on Nov 13, 2023

Kirtan A Shah is a certified financial planner and managing director, private wealth, at Credence Family Office.
He is also a Certified International Wealth Manager and Financial Engineering and Risk Manager.
Shah is the co-author of Financial Service Management and Financial Market Operations, which are used as reference books for Mumbai University.
He is frequently seen on CNBC, Zee Business, ET NOW & BQ Prime as an expert guest.... more

Question by Camilo on Nov 12, 2023Hindi

Money

Im just retired in a pvt firm at age 58..How much pension should i get?

Ans: That depends on a lot of things, your last drawn salary, how long have you worked with the company etc. You have not mentioned enough data for me to evaluate

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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At present I M 56, retired in a pvt firm at age 58..curent Basic 25 K & in hand 48K, till retirement 13 years of JOB, How much pension should i get?

Ans: Your pension amount is determined by various factors including your years of service, average salary, and the pension scheme offered by your employer. Private firms typically have different pension schemes, so it's important to review your employment contract or consult with your HR department for details on your specific pension plan.

Your pension amount may also be influenced by any contributions you've made towards the pension scheme during your employment. Generally, the longer your service and the higher your salary, the higher your pension amount is likely to be.

To get an accurate estimate of your expected pension amount, it's best to consult with your employer or a financial advisor. They can provide personalized guidance based on your individual circumstances and the details of your pension scheme.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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