Estimate the monthly pension you will get from the Employees’ Pension Scheme (EPS), the pension part of your PF, now that the wage ceiling has gone up from ₹15,000 to ₹25,000.
EPS pension = pensionable salary × pensionable service ÷ 70. Pensionable salary is the average of your basic pay plus DA over the last 60 months before you leave, capped at the wage ceiling. Pensionable service is the number of years you contributed to EPS. If your total service is 20 years or more, 2 bonus years are added when you take a full pension at 58.
The wage ceiling rose from ₹15,000 to ₹25,000 a month from 17 September 2026, so your employer now puts up to ₹2,083 a month into EPS instead of ₹1,250. This calculator values your service before that date at the old ₹15,000 ceiling and your service after it at ₹25,000, which is the cautious way to estimate.
Anil’s average basic plus DA is ₹30,000. He has 10 years of service before 17 September 2026 and will work 10 more years after it. His total service is 20 years, so he gets 2 bonus years. His pension is (₹15,000 × 10 + ₹25,000 × 12) ÷ 70 = ₹4,50,000 ÷ 70 ≈ ₹6,429 a month from age 58. Under the old ₹15,000 ceiling for all 22 years, it would have been about ₹4,714.
If Anil starts his pension at 55 instead of 58, it is reduced by 4% a year for 3 years, to 88%, about ₹5,657 a month.
Estimate only, for planning. EPFO calculates your actual pension from your service record.
Last reviewed: 6 November 2026 by the YogiCalc team · How we calculate and verify · Spotted an error? Tell us
Monthly pension = pensionable salary × pensionable service ÷ 70. Pensionable salary is your average basic plus DA over the last 60 months, capped at the wage ceiling. If your total service is 20 years or more, 2 bonus years are added.
For service counted entirely at the ₹25,000 ceiling, 35 years of service plus 2 bonus years gives 25,000 × 37 ÷ 70, about ₹13,214 a month. Most people today will get less, because service before 17 September 2026 was counted at the old ₹15,000 ceiling.
At least 10 years of eligible service. With less than 10 years you cannot get a monthly pension, but you can withdraw a lump sum (withdrawal benefit) when you leave.
Yes, reduced pension can start from age 50. The pension is cut by 4% for each year before 58, so starting at 55 gives 88% of the full amount.
Yes. EPFO pays a minimum pension of ₹1,000 a month to eligible members.
Not automatically. This calculator values service before 17 September 2026 at the old ₹15,000 ceiling and later service at ₹25,000. Service before September 2014 may be valued differently again, so treat the result as an estimate and check your EPFO pension statement.