Tag: Pension calculation formulas
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Important Pension rules for AP State Government Employees
Common terminologies in Pension rules Here are terms commonly used in the Andhra Pradesh Revised Pension Rules, along with simplified explanations for easy understanding: Term Explanation Superannuation Pension A pension given to employees upon reaching the retirement age (58 for superior service, 60 for inferior service). Voluntary Retirement Pension A pension provided when employees voluntarily…