EPS Pension Calculator (India)
Estimate your monthly pension under EPS 95 Rules & Higher Pension
• Regular Cap: ₹6,500 (Pre-2014), ₹15,000 (Post-2014).
• Min. Service: 10 Years. Max calc service: 35 Years.
• Bonus +2 years added if service ≥ 20 years & Age ≥ 58.
| Total Service Duration | 0 Years |
| Pensionable Salary (Used) | ₹ 0 |
| Service Before Sep 2014 | 0 Years |
| Service After Sep 2014 | 0 Years |
EPS Pension Calculator (India) – Calculate Your Monthly EPS-95 Pension Online
Planning your retirement income is crucial, especially if you are a member of the Employees’ Pension Scheme (EPS-95) under EPFO. Our EPS Pension Calculator India helps you accurately estimate your monthly pension amount based on the latest EPS rules, salary caps, service period, and higher pension option.
This advanced calculator is designed for private sector employees, salaried professionals, HR teams, and retirees who want a clear understanding of their pension eligibility and expected payout.
What Is EPS (Employees’ Pension Scheme)?
The Employees’ Pension Scheme, 1995 (EPS-95) is managed by EPFO and provides a monthly pension after retirement to eligible employees who have completed a minimum of 10 years of contributory service and attain the age of 58 years.
Your pension depends on:
- Date of joining EPS
- Date of exit or retirement
- Pensionable salary
- Total pensionable service
- Whether you opted for Higher Pension (Joint Option)
Features of EPS Pension Calculator (India)
Our online EPS calculator offers accurate, transparent, and rule-based calculations:
- ✔️ Calculates monthly EPS pension as per EPS-95 formula
- ✔️ Supports pre-2014 and post-2014 service split
- ✔️ Handles ₹6,500 & ₹15,000 salary caps automatically
- ✔️ Includes Higher Pension (actual salary) option
- ✔️ Bonus +2 years service for eligible employees
- ✔️ Early retirement reduction logic (50–58 years)
- ✔️ Minimum pension safeguard
- ✔️ Visual replacement ratio chart for better understanding
EPS Pension Formula Explained
Standard EPS Formula
Monthly Pension = (Pensionable Salary × Pensionable Service) ÷ 70
Key Rules Covered
- Maximum pensionable service: 35 years
- Minimum service required: 10 years
- Salary cap:
- ₹6,500 (before September 2014)
- ₹15,000 (after September 2014)
- Higher Pension: Actual average salary (last 60 months)
- The calculator automatically applies these rules and displays a detailed pension breakdown.
Who Should Use This EPS Calculator?
This calculator is ideal for:
- Employees nearing retirement
- EPF members checking EPS pension eligibility
- Members opted for higher pension
- HR & payroll professionals
- Financial planners and consultants
How to Use the EPS Pension Calculator
- Enter your Date of Birth
- Select Date of Joining (EPS)
- Enter Date of Exit / Retirement
- Input Average Basic Salary + DA (last 60 months)
- Tick Higher Pension option if applicable
- Click Calculate Pension
You’ll instantly see:
- Estimated monthly pension
- Pensionable service years
- Salary considered for calculation
- Pre-2014 and post-2014 service split
- Pension vs salary comparison chart
Important Notes on EPS Pension
- Pension eligibility starts from age 58
- Early pension (50–58 years) attracts 4% reduction per year
- Minimum monthly pension currently considered: ₹1,000
- Actual pension may vary based on EPFO verification and records
Why Use Online EPS Pension Calculator?
- 🔒 No login required
- ⚡ Instant results
- 📱 Mobile-friendly design
- 📊 Visual insights with charts
- 🇮🇳 India-specific EPFO rules
Frequently Asked Questions (FAQs) : EPS Pension Calculator
- Q1: Is EPS pension guaranteed?
- Yes, if you meet the eligibility criteria, EPS provides a lifetime monthly pension.
- Q2: Can I calculate higher pension online?
- Yes, this calculator supports higher pension estimation for members who opted for the joint option.
- Q3: Is this EPS calculator accurate?
- It follows standard EPS-95 rules and provides a close estimation. Final pension depends on EPFO approval.
Conclusion: Try the EPS Pension Calculator Now
Use our free EPS Pension Calculator India to plan your retirement better and understand how much monthly pension you can expect under EPS-95.
Disclaimer: This calculator provides an estimate only and does not replace official EPFO calculations.
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