It depends upon many things. Which scheme? 83 or 87? From when the employee has been subscribing? You can try an excel utility in the following link to have the entire calculation easily. https://wbxpress.com/topic/simple-g-i-s-s-calculator-2013/
Tell me the following details:
1. From which year subscription started?
2. On which month last subscribed?
3. Is there any change of subscription?
If so, provide the details.
Dear friend, Every year a chart is being published by the Finance department for calculation of the accumulation of the savings fund. Its only for the person who retires during the stipulated period mentioned in the chart.
For example the latest chart has been published for the year of cessation of membership 2012-13. Means Nov, 2012 to October, 2013. Click the link below to view the latest publication: https://wbxpress.com/topic/table-of-group-insurance-scheme-1987-for-2012-13/
Conclusion: Your accumulation cant be calculated right now. It may be calculated after Nov, 2041.
