Formula to calculate date of retirement / Pension Rules

by | Feb 24, 2023 | Retirement Pension | 9 comments




How date of retirement is calculated, learn in this video….(read more)


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Retirement is a milestone that every working professional looks forward to. It is a time to reap the rewards of a lifetime of hard work and enjoy life without the burden of daily work. But, how do you calculate when you can retire? The answer lies in understanding the formula to calculate your date of retirement, as well as the pension rules that govern it.

The formula to calculate your date of retirement depends on the retirement plan you are enrolled in. For instance, if you are enrolled in a defined benefit plan, the formula will include factors such as your age, years of service, and salary. On the other hand, if you are enrolled in a defined contribution plan, the formula will include factors such as your contributions, investment returns, and any employer contributions.

In addition to the formula, pension rules also play an important role in determining your date of retirement. These rules vary depending on the type of retirement plan you are enrolled in, as well as the country you live in. Generally, pension rules will include the minimum age for retirement, the minimum years of service required, and the maximum age for retirement.

Understanding the formula to calculate your date of retirement, as well as the pension rules that govern it, is essential for anyone looking to retire. Knowing when you can retire can help you plan for your future and ensure that you are able to enjoy your retirement years to the fullest.

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9 Comments

  1. Hamid Hussain

    60 se kam ho to kis tarsh nikle ge

  2. Hamid Hussain

    Aur agr 60 years se jam servive ho to kis tarah nikale ge

  3. According2Me

    I m working in health department for 15 years in BPS 17, My Salary is 1,4000. But I want finish it Now, any guidance

  4. Abdul Razzaq

    Sir aap rabta no kia hey,

  5. Hamid Hussain

    Buht shokria malmaoot ja sir

  6. Pir Paidal Shah

    جناب
    کسی کے پنشن کیلکولیشن کے لئے کن کن چیزوں کی ضرورت ہوگی۔ یعنی کیا کیا چیزیں معلوم ہوں تو فارمولہ اپلائی کیا جاسکتا ہے

  7. Usman Afzal

    Sir,
    السلام علیکم ۔
    میں ریٹائرڈ ٹیچر ہوں۔میری اھلیہ بھی ریٹائرڈ ٹیچر تھی ۔میری اھلیہ کا چند ماہ قبل انتقال ھو گیا تھا۔ میں نے بہبود فنڈ۔ سے تجہیز و تکفین گرانٹ کے لئے درخواست بوساطت ایجو کیشن آفس جمع کروائی تھی ۔
    بہبود فنڈ برانچ والوں کا کہنا ھے یہ گرانٹ صرف بیوی ہی کو مل سکتی ھے۔ ۔۔اگر اس کا خاوند فوت ھو جائے ۔۔
    آپ سے گزارش ھے کہ اس بارےمیں روشنی ڈالیں ۔ امید ھے ضرور جلد جواب دیں گے۔۔۔۔ بہت شکریہ ۔۔

  8. Mohammad Benyamin

    Sir, but 25 years service ka kaya chakra h? For retirement?

  9. Sabir Ali

    Sir mery nana revenue department ma thy wo fout ho Gy 2006 ma or Nani 18.12.2014 KO fout Hoi.meri walida widow Han hum NY ab apply Kia hai un ki pension to last time Nani ki pension 6323 thi to sir Kia ab total amount kitni bny gi or monthly pension kitni ho gi pls guide.thanks

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