Sample data: ₹15,000 salary, 20 years serviceEdit values or click Reset
EPS Pension Details
EPS (Employees' Pension Scheme, 1995): Formula = (Pensionable Salary × Service) ÷ 70. Minimum 10 years required. Min pension: ₹1,000/month.
Average Monthly Pensionable Salary (₹) Max ₹15,000
₹
Average of last 60 months Basic+DA salary, capped at ₹15,000
Pensionable Service (Years)
Minimum 10 years required for pension. Add 2 bonus years if ≥ 20 years.
Bonus Years (if service ≥ 20 years)
EPS Pension Formula
Monthly Pension = (Pensionable Salary × Service Years) ÷ 70
Employer Contribution: 8.33% of Basic+DA (of PF wages, capped ₹15,000) Government Contribution: 1.16% (on wages ≤ ₹15,000) Eligibility for pension: Minimum 10 years of service
Disclaimer: This calculator is based on EPS 1995 provisions. Actual pension depends on EPFO records, pensionable salary history, and policy changes. Results are indicative only. Consult EPFO or an HR professional for exact pension entitlement.