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 Eligibility
- Must be an EPFO member with 10+ years of service.
- Standard pension age is 58 years.
- Early pension (reduced) possible from age 50.
- Calculated as (Salary x Service) / 70.
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.