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An employee retired at the age of 60 years in June 1998, what would be his additional pension allowance on 06.01.2020.
40% of basic pension
30% of basic pension
20% of basic pension
10% of basic pension
20% of basic pension
Pensioners aged 80 years and above are entitled to additional pension. An employee retiring in 1998 at age 60 would be 82 years old in 2020, qualifying for the 20% additional pension slab (for age 80-85).
Pensioners aged 80 years and above are entitled to additional pension. An employee retiring in 1998 at age 60 would be 82 years old in 2020, qualifying for the 20% additional pension slab (for age 80-85).