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Product Description
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The sum is determined by calculating one-tenth of the employee's monthly emoluments, which include basic pay and dearness allowance, at the time of superannuation.
This calculation is performed for each six-month period of service rendered by the employee.
In the unfortunate event of an employee's passing, the UPS guarantees a pension to the family, amounting to 60% of the pension the employee would have been eligible for at the time of their demise.
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