India EPS Pension Calculator

The Employees' Pension Scheme 1995 (EPS-95) is the pension part of India's provident fund, run by EPFO. Of your employer's 12% contribution, 8.33% of your basic + DA, up to the ₹15,000 wage ceiling, goes to the pension fund instead of your EPF account. You don't pay into it yourself. In return you get a monthly pension for life once you have enough service.

The formula

pensionable salary = average basic + DA over the last 60 months, at most ₹15,000
service counted = years in the EPS (6 months or more counts as a full year)
+ 2 bonus years if that is 20 years or more
monthly pension = pensionable salary × service counted ÷ 70
early: × (1 − 4%) for each year before 58
deferred: × (1 + 4%) for each year after 58, up to 60
at least ₹1,000 a month
employer's EPS share = 8.33% × basic + DA, up to ₹15,000

Worked example

Average basic + DA of ₹25,000 a month over the last 60 months, 25 years 7 months of EPS service and the pension starting at 58.

Your salary is over the ceiling, so the pensionable salary is ₹15,000. The 7 extra months are 6 or more, so the service rounds up to 26 years. That's 20 years or more, so you get 2 bonus years: 26 + 2 = 28 years.

Pension = ₹15,000 × 28 ÷ 70 = ₹4,20,000 ÷ 70 = ₹6,000 a month, or ₹6,000 × 12 = ₹72,000 a year. Starting at 58 means no reduction or increase. While you worked, your employer paid 8.33% × ₹15,000 = ₹1,249.50, so ₹1,250 a month, into the EPS for you.

If you started at 55 instead, the pension would be 3 years early: 0.96 × 0.96 × 0.96 = 0.884736, and ₹6,000 × 0.884736 = ₹5,308.42, so about ₹5,308 a month (₹5,280 if the 4% is taken off simply, 88% of ₹6,000). Deferring to 60 gives ₹6,000 × 1.04 × 1.04 = ₹6,489.60, about ₹6,490.

The rules, and where we checked them

The figures marked "check" are the ones widely used and in the EPS rules as we understand them, but we couldn't confirm them on EPFO's FAQ page, so you can change them under Advanced. The full scheme text is in the EPS 1995 scheme document on the EPFO site.

Under 10 years of service: Table D

With less than 10 years of service you don't get a monthly pension. You have two choices. You can take a Scheme Certificate, which carries your pension service to your next job so it adds up towards the 10 years. Or you can take a one-time withdrawal benefit, which is your pensionable salary times a factor for your length of service from Table D of the EPS 1995. Table D has been changed over the years (most recently to count service in months), so we don't show a figure for it here. See the scheme document or ask EPFO for the current table.

Higher pension on actual salary

After the Supreme Court's judgment of 4 November 2022, members who paid EPS on their actual salary above the ceiling, with a joint option from them and their employer, could apply for a pension on their actual average salary. If EPFO accepted your application, pick "Higher pension" under Advanced and enter your actual average basic + DA. EPFO works out these pensions in two parts, for service before and after 1 September 2014, so your real figure can differ from this single-part estimate.

Good to know

EPS contributions stop at 58, so service after that doesn't count. Service before the EPS started on 16 November 1995 (the old Family Pension Scheme) adds a separate past-service benefit that this calculator doesn't include. Before 1 September 2014 the ceiling was ₹6,500 (and ₹5,000 earlier), which affects some older pensions. A family pension for a spouse and children is also paid if a member dies; check its rules with EPFO.

This is an estimate. The rules and figures were checked on 17 Oct 2026 on EPFO's FAQ page. EPFO decides the pension you actually get, so check with EPFO or your employer before you rely on it.