EPS Calculator
Estimate your monthly pension under the Employees Pension Scheme (EPS-95).
Service & Salary Details
EPS Weightage Rule
• Service ≥ 20 years: +2 bonus years added.
• Total service capped at 35 years.
• Pensionable salary capped at ₹15,000 (standard).
Pension Estimate
Quick Scenarios & Settings
Employees Pension Scheme Benefits
- Guaranteed monthly pension payouts after retirement.
- Widow/widower, children, and orphan pensions are also covered under EPS rules.
- Includes early pension options starting from age 50 (at slightly reduced rate).
Employee Pension Scheme (EPS) Basics
The Employees Pension Scheme (EPS-95) is a social security scheme launched by the EPFO that provides pension to employees in the organized sector after retirement at the age of 58.
To be eligible for pension benefits, an employee must have completed at least 10 years of eligible service. The pension amount depends on the pensionable salary and the pensionable service.
The standard calculation formula is (Pensionable Salary * Pensionable Service) / 70. Pensionable salary is capped at ₹15,000 per month for most employees, though higher contributions are possible for some.