EPS Pension Calculator
Calculate your pension under Employee Pension Scheme
Pensionable Salary:₹0
Pensionable Service:20 years
Monthly Pension:₹0.00
Commuted Value (1/3rd):₹0.00
Reduced Monthly Pension:₹0.00
About EPS
Understanding Employee Pension Scheme
What is EPS?
Employee Pension Scheme (EPS) is a social security scheme that provides pension to employees after retirement. It's managed by the Employees' Provident Fund Organisation (EPFO).
Key Features
- Minimum 10 years of service required for pension eligibility
- Maximum pensionable salary is ₹15,000 per month
- Pension formula: (Pensionable salary × Service) ÷ 70
- Early pension available from age 50 with reduced benefits
- Normal pension starts from age 58