EPS Pension Estimate
Get a quick estimate of your Employees' Pension Scheme (EPS) monthly pension using your average salary and pensionable service years.
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- Accurate results
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- Works on all devices
Your result
₹5,357.14
Estimated monthly EPS pension
AI explanation
Formula
Monthly pension = (pensionable salary, capped at ₹15,000) × pensionable service years / 70Worked example
₹15,000 salary, 25 years of service
| Field | Value |
|---|---|
| Average monthly salary (last 60 months) | 15000 |
| Pensionable service (years) | 25 |
| Estimated monthly EPS pension | 5357.14 |
| Pensionable salary used (capped at ₹15,000) | 15000 |
Assumptions
- Uses the statutory EPFO pensionable-salary ceiling of ₹15,000/month.
- Provides a quick estimate only — does not model the "past service" table for members who joined before September 2014.
- Informational only.
Frequently asked questions
How accurate is this pension estimate?
It applies the standard EPFO formula exactly, but doesn't account for service-history nuances like the "past service" table for pre-September-2014 members, which can change the actual pension for long-serving employees.
What is the minimum service needed for EPS pension?
10 years of eligible service is required to qualify for a monthly pension; with less than 10 years, you can withdraw your EPS contribution as a lump sum instead.
Can I get a higher pension by contributing on my full salary instead of the ₹15,000 cap?
Yes, EPFO allows a "higher pension" option in specific windows, where members who contributed EPS on their actual (uncapped) salary can opt for a pension based on that higher figure — check current EPFO circulars for eligibility.
Related calculators
Related articles
Sources
- Employees' Pension Scheme, 1995 — pension calculation rules — Employees' Provident Fund Organisation (EPFO). Effective 16-11-1995, reviewed 13-09-2026.
This calculator provides a quick estimate only, based on the standard EPFO formula. Verify your exact entitlement with EPFO, especially if you joined before September 2014.
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