EPS Pension Calculator
Estimate your monthly pension under the Employees' Pension Scheme (EPS) based on your average monthly salary and years of pensionable service, per EPFO's statutory formula.
- Free to use
- No registration required
- Works on all devices
- Last updated
- 13-09-2026
Your result
₹4,285.71
Estimated monthly EPS pension
AI explanation
Formula
Monthly pension = (pensionable salary, capped at ₹15,000) × pensionable service years / 70Worked example
₹25,000 salary, 20 years of service
| Field | Value |
|---|---|
| Average monthly salary (last 60 months) | ₹25,000 |
| Pensionable service (years) | 20 |
| Pensionable salary used (capped at ₹15,000) | ₹15,000 |
| Estimated monthly EPS pension | ₹4,285.71 |
Assumptions
- Uses the statutory EPFO pensionable-salary ceiling of ₹15,000/month.
- Does not model the "past service" table used for members who joined before September 2014 — actual pension for long-serving pre-2014 members may differ.
Frequently asked questions
What is the EPS pension formula?
Monthly Pension = (Pensionable Salary × Pensionable Service) / 70, where Pensionable Salary is your average monthly salary over the last 60 months, capped at ₹15,000.
Why is my salary capped at ₹15,000 in this formula?
EPFO's statutory wage ceiling for EPS contributions is ₹15,000/month — even if your actual basic salary is higher, the pension formula uses this capped figure unless you were part of a higher-wage EPS option before the ceiling was introduced.
When can I start receiving my EPS pension?
EPS pension is payable from age 58 (reduced pension available from age 50 with an early pension discount), provided you have completed at least 10 years of eligible service.
What is pensionable service?
The number of years you contributed to EPS, generally your total service with EPF-covered employers, rounded per EPFO's specific counting rules.
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.
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Sources
- Employees' Pension Scheme, 1995 — pension calculation rules — Employees' Provident Fund Organisation (EPFO). Effective 16-11-1995, checked 13-09-2026.
This calculator provides an estimate only, based on the standard EPFO formula. Actual EPS pension depends on service-history details (including the "past service" table for pre-2014 members) not modeled here — verify your exact entitlement with EPFO.
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