**Find the result on EPF Pension calculator with a new EPS formula for accurate results, Calculate your monthly gross EPF pensi on to pay on your Employee Provident Fund Scheme…**

## EPF Pension Calculator

### Contributions for EPF Employee Pension Scheme (EPS)

EPF Pension Calculator Online source is available at epfindia.gov.in/EP_Cal/pension.html

The employee EPF Pension calculated on new calculator as per the new formula. It is as per share given by employer which is thus a combination of the share from employee and employer.

**Contribution by Employee**: The employee provident fund does have a varying contribution based on the gender, and the contribution made by an employee will accumulate in their accounts which adds with the contribution of the employer.

Below are the details of how differently the contribution of employees based on gender.

**Male Employee**: If you are a man, then you will have to contribute 10 to 12 percent of your basic salary.

**Female Employee**: If you are a new working women, then for the first 3 years the contribution will be 8% of basic salary. This may equalized to 10 or 12 percent, once they have done their 3 years.

**Contribution by Employer**: Being an employer the contribution like every employee and non-biased allowed in Gender form, and a percentage of 10 to 12 taken from the basic salary as an employer share added with the employee share based on their eligibility.

## EPF Pension Calculation Formula

Monthly Pension = (Pensionable Salary * Completed Service Period) / 70

The simple formula is pensionable salary multiplies with completed service divides by 70. Ex: (15000*30)/70,

## Employer EPS Contribution Calculation

The pensionable contribution provided by the employer calculates at 8.33% on pensionable salary fixed as below

**15000*8.33% = 1250** or **15000*8.33/100 = 1250**

Where as the share of Rs.1250 credited into EPS account which divided from total contribution of employer.

## Interest Rate for EPF Calculation

The employee’s provident funds do get accumulates into the Pension and provident fund format with different interest rates. The interest applied at the end of the financial year by making a good increase in the employee savings.

- Employee Provident Fund Interest Rate is 3.67 percent
- EPS Interest Rate is 8.33 Percent
- Employee Deposit Link Insurance scheme is 0.50 percent
- There are other charges to the employer based on employee account activation.

Find EPF Interest Rate as on date from 1952

## How to Calculate Employee Provident Fund Pension Scheme (EPS)

The interest rate of above may calculates based on the savings accumulated from the employee and employer share, and the EPF amount calculated every month. Let us assume you have got a basic salary of 25,000.

**Employee EPF Contribution** : If basic salary is 25,000 then your share for EPF is 12 % of the basic salary. This is around 3,000 every month.

**Employer EPF Contribution**: Your employer contribution toward the EPF for your account will be 3.67 percent basic salary for 25,000 which will be around Rs 917.50 per month.

**Employer Contribution for Pension**: 8.33% of **basic pensionable salary of the employee** may around 1249.50 will add into your pension account which will be alone and there will be no share from employee under Pension scheme.

Total contribution of the Employee Provident Fund is Employee share including employer share. This may allow as a total of 5,915 with 3000 from employee and 2915 from employer share.

For More details:- Please check office websites EPF Pension calculation process

**How much does an employee contribute to the Pension Scheme?**As per the employee provident fund calculation, the share for the Pension taken from 8.33% contributed from the employer. As the Pension accumulated with 8.33% and remaining 3.67% of employees may add to the employee provident fund PF account. The entire employee share will be towards the PF amount only and this pension share is not withdrawable.

**What Happen if my basic salary increased very recently?**As per the guidelines of the Employee Provident Fund, the calculation of PF contribution by employee and employer may done. It is all done after the contribution of the previous month settled. During the course of time, if you have an increased value of basic salary then the same used to calculate PF contribution from both employee and employer.

**Can I withdraw the entire amount from the Employee Share?**The employee can do EPF Withdrawal online with a calculation as per the formula of new pension calculator. It is all done by calculating the value of your three times basic salary or 75% of pension employee share. The highest may sent for a settlement based on your request raised for EPF amount withdrawal.

Date of joining 16/11/1995

Date of birth 01/06/1965

NCP from 1/07/2007 to 02/10/2007

Date of 58year’s completed 31.05.2023

Which was my pension?

You can check your expected pension amount in this link EPF Pension calculation process

Pensionable Amount (Last 60 months average of Basic + DA which is maximum allowed is Rs. 15,000 x Pensionable years (service – Non-contributed periods) /70 = Pension Amount

But pension amount of spouse and children below 25 years will be deducted from the above calculation. I don’t know why they are deducted. I have recently retired after having service of 24 years + 2 years bonus having above 20 year service. My pension is fixed at Rs. 3,429/Month? workings: (14,834 x 26.30)/70 = 3,90,134/70 = Rs. 5,573

My spouse pension Rs. 1,715 and my child’s pension Rs. 429 = Rs. 2,144

Net Pension amount Rs. 3,429 (Rs. 5,573 – Rs. 2,144).

How to calculate personable salary when the deductions and contributions were based on EPS limit has changed from ₹5000 in 1995 and then to ₹6500 and now it is ₹15000

my joning date 05.09.1989

my last basic salary Rs.19500/-

deduction 12% Rs.2340/-

Require my pension amount

Rajveer Singh Saini. 13.11.2022. My date of birth is 14.2.1965 job period 11.5.1987 to 31.3.2021, leaving time Salary was more than RS 15000/- now how amt. will be my pension.

Sir I have completed 39 year service and contribute in eps 95 for 27 years. How much pension I will get please.

01/03/2002 to 30/03/2021 worked my last PF deduction @Rs.1800 pm

24/05/2022 58 years completed ( DOB 24/05/1964)

What is my pension

Was it ₹1800 for the entire period

Sir…plz understand me.

I am disabled person wef

03/11/2004. Unfortunately & by God of grace.

I am worked with APSRTC

Dt.of spot..13/10/1978

Last day work ..30/11/2004

DT of birth..05/04/1952

DT of retire..30/04/2010

Then salaries very low and am joining at basic 180 + DA. After 26 yrs my avg.salary is 9121..

Not include bonus 2 years

I confirmed employee.

Now pensionable salary is 1354/-.

What is my pension.

Is applicable disabled pension..because everybody know alongwith officials and trust.

Actually..who is appreciate or warning.i don’t know.

I cannot live 1300/-

Please help me and your valueable guidelines.

My id…

lxmnsaastree@gmail.com

Sir i joined a company in 1988 January now in 2022 June my salary is 15000 now i am 56 year old how much pension will get,

Sir i joined a company in 1989 december now in 2021 decemer my salary is 12000 now i am 57 year old how much pension will get,ever month deducted 12.33% deducted

23/11/2021 shutter ho gaya hai

Abhi tak account mein Paisa nahin aaya hai

10/11/2021 ko kelam kiye the

Sir, my bank name and account number changed can I withdraw my epf amount by new bank account no. And my surname also changed in the adhar card but adhar number is same.

Sir date of birth issue online apply karega 1month ogiya sir not respond. Birth certificate online me apply karega check me sir plz

I have worked with a company since 01.06.1992 to 31.07.2008 and in another one since 01.08.2008 till 28.08.2020, but only the latter service has been considered for EPS purpose even after the transfer-in was timely processed from Meerut RPFC to Delhi West Delhi RPFC office. Neither any transfer-in of EPF nor of EPS has been reflected in the latter one, who have desired me to submit Annexure-K, but to no avail even after submission of my grievances.

I am on without pay medical leave for six months, how my epf pension will be calculated, if I get retirement after leave