EPF Pension (EPS) Calculator
Calculate your estimated monthly pension amount that you are eligible to receive after the age of 58 based on your EPS contributions.
How is EPS Pension Calculated?
The standard formula used for calculating EPS pension is:
Monthly Pension = (Pensionable Salary × Pensionable Service) / 70
Features of EPS:
- A minimum of 10 years of eligible service is required.
- If you have completed 20 years of service, an additional 2 years are added as a bonus.
- The pensionable salary is currently capped at ₹15,000 per month for most employees, though the Supreme Court ruling may allow higher pension for those who opted for it correctly.