CT-5 April 2010 Question 7

In this question contribution of future salary is calculated and entire benefit vlaue (PSL+FSL) is taken .

What i understand that is it due to member enter / become member at age 55 into scheme??

Please clarify if this is correct.

Otherwise we would only consider FSL

Regards
Sunil

 

not entered @ age 55. its given that employee served for past 20 years, so the answer!

 

Thanks