NEWS & ADVICE : HOME LOANS
Revision in pension plans from SBI
By Joseph Samson
Jan 2, 2012
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Several revisions have been introduced to the family pension and minimum pension by State Bank of India.

As per the revisions, people with pay scale of up to Rs. 7,090 can contribute up to 30% of it towards family pension. However, the sum total of basic and additional family pension can not exceed Rs. 1,799 for a month.

Similarly, the revisions have been introduced for those with a pay in range of Rs. 7091-14,180 and also for those with a pay of Rs. 14,181 or more. There are several modifications for part-time employees also.


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