EPS Pension Calculator

Part of your employer’s PF contribution goes into the Employees’ Pension Scheme (EPS-95), which pays a monthly pension from age 58 if you have at least 10 years of service.

Pension type
Higher pension applies only if you and your employer opted to contribute on actual wages.
Basic + DA, capped at ₹15,000 for months before 17 Sep 2026 and ₹25,000 after, unless on higher pension.
Results update as you type.

Monthly pension

₹5,786

starting at 58

Service counted
27 years2 bonus years for 20+ years of service
Pension at 58
₹5,786
Yearly pension
₹69,429

About this calculator

Enter your pensionable salary, years of service and the age you will start drawing it. Standard pension uses salary capped at the wage ceiling; higher pension applies only if you opted to contribute on actual wages.

How to use it

  1. Choose standard or higher pension.
  2. Enter your pensionable salary.
  3. Enter years of service and the starting age.

The formula

Monthly pension = pensionable salary × pensionable service ÷ 70
pensionable salary
average basic pay + DA of the last 60 months, capped at the wage ceiling
pensionable service
years of EPS service, plus 2 bonus years after 20 years

Worked example

Pensionable salary ₹15,000, 25 years of service

  1. Service of 20 years or more earns 2 bonus years: 27 years counted.
  2. Pension = 15,000 × 27 ÷ 70 = ₹5,786 a month at 58.
  3. Starting at 55 instead reduces it by 12%, to ₹5,091.

What the result means

The wage ceiling limits EPS pension for most people. It rose to ₹25,000 from 17 September 2026, which will raise pensions for those who contribute on the higher ceiling over their last five years.

Assumptions

  • Service is continuous and the formula applies as described.

Limitations

  • Members who joined before 16 November 1995 also get a past-service benefit, not included here.
  • The exact counting of service beyond 35 years should be checked on your pension statement.
  • Proposals to raise the ₹1,000 minimum pension were under discussion in 2026.

Frequently asked questions

What is the EPS pension formula?

Pensionable salary × pensionable service ÷ 70.

What is the minimum EPS pension?

₹1,000 a month.

Can I get EPS pension before 58?

Yes, from 50, reduced by 4% for each year before 58, if you have 10 years of service.

For information only. This calculator gives estimates based on the figures you enter and the assumptions listed above. It is not financial advice. Actual amounts depend on the lender’s or institution’s terms, fees, rounding and rate changes. Please confirm with them before you decide.

Last reviewed on 1 October 2026. Found a mistake? Tell us.