Employee Provident Fund (EPF) requires both employee and employer to contribute 12% of basic salary + DA. Out of the employer's 12%, 8.33% goes to EPS (pension scheme, capped at basic ₹15,000) and the rest goes to EPF. The EPF balance earns interest at 8.15% (FY 2023-24 rate).

How is EPS pension calculated?

EPS pension = (Pensionable Salary × Pensionable Service) / 70. Pensionable salary is the average of last 60 months' basic salary, capped at ₹15,000. Minimum pension is ₹1,000 per month. Maximum pensionable service is 35 years.

How is NPS distributed at retirement?

At retirement, you must use at least 40% of the NPS corpus to buy an annuity (pension). The remaining 60% can be withdrawn as a tax-free lump sum. The annuity provides a regular monthly pension based on the annuity rate (typically 5-7%).

What is the gratuity formula?

Gratuity = (15/26) × Last Drawn Basic Salary × Years of Service. Gratuity is payable after completing 5 years of continuous service. The maximum tax-free gratuity is ₹20 lakh under the Payment of Gratuity Act.

Comprehensive Retirement Integrator

Unified retirement planning calculator that integrates EPF, EPS Pension, NPS, PPF, and Gratuity into a single view. See your total retirement corpus and monthly pension at a glance.

By DhanikaCal TeamLast updated: February 2026

Current Age

Yrs

18Yrs60Yrs

Retirement Age

Yrs

40Yrs75Yrs

Basic Salary + DA (Monthly)

₹

₹5,000₹50,00,000

Years of Service (completed)

Yrs

0Yrs40Yrs

Employer Type

Gratuity Eligible

Monthly NPS Contribution

₹

₹0₹5,00,000

NPS Expected Return Rate

4.0%16.0%

PPF Current Balance

₹

₹0₹5,00,00,000

PPF Annual Contribution

₹

₹0₹1,50,000

Annual Salary Increment

0.0%25.0%

Total Retirement Corpus

₹7,62,20,882

Monthly Pension

₹29,213

Gratuity

₹1,01,59,413

EPF Corpus

₹4,25,30,875

NPS Corpus

₹1,08,56,605

PPF Corpus

₹1,70,16,631

EPS Pension/mo

₹7,500

Retirement Corpus Breakdown

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Year-by-Year Corpus Growth

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Year-by-Year Retirement Corpus

Year	Age	Basic Salary	EPF Balance	NPS Balance	PPF Balance	Total Corpus
1	31	₹50,000	₹1,39,520	₹66,000	₹3,74,850	₹5,80,370
2	32	₹54,000	₹3,02,870	₹1,38,600	₹5,62,114	₹10,03,584
3	33	₹58,320	₹4,92,988	₹2,18,460	₹7,62,674	₹14,74,123
4	34	₹62,986	₹7,13,133	₹3,06,306	₹9,77,474	₹19,96,913
5	35	₹68,024	₹9,66,915	₹4,02,937	₹12,07,525	₹25,77,376
6	36	₹73,466	₹12,58,329	₹5,09,230	₹14,53,909	₹32,21,469
7	37	₹79,344	₹15,91,801	₹6,26,153	₹17,17,787	₹39,35,741
8	38	₹85,691	₹19,72,221	₹7,54,769	₹20,00,400	₹47,27,389
9	39	₹92,547	₹24,04,997	₹8,96,245	₹23,03,078	₹56,04,321
10	40	₹99,950	₹28,96,105	₹10,51,870	₹26,27,247	₹65,75,222
11	41	₹1,07,946	₹34,52,144	₹12,23,057	₹29,74,431	₹76,49,632
12	42	₹1,16,582	₹40,80,398	₹14,11,363	₹33,46,266	₹88,38,026
13	43	₹1,25,909	₹47,88,904	₹16,18,499	₹37,44,501	₹1,01,51,904
14	44	₹1,35,981	₹55,86,527	₹18,46,349	₹41,71,010	₹1,16,03,886
15	45	₹1,46,860	₹64,83,040	₹20,96,984	₹46,27,802	₹1,32,07,826
16	46	₹1,58,608	₹74,89,212	₹23,72,682	₹51,17,026	₹1,49,78,921
17	47	₹1,71,297	₹86,16,910	₹26,75,950	₹56,40,985	₹1,69,33,845
18	48	₹1,85,001	₹98,79,198	₹30,09,545	₹62,02,145	₹1,90,90,888
19	49	₹1,99,801	₹1,12,90,461	₹33,76,500	₹68,03,147	₹2,14,70,108
20	50	₹2,15,785	₹1,28,66,527	₹37,80,150	₹74,46,820	₹2,40,93,498
21	51	₹2,33,048	₹1,46,24,812	₹42,24,165	₹81,36,195	₹2,69,85,172
22	52	₹2,51,692	₹1,65,84,467	₹47,12,581	₹88,74,514	₹3,01,71,563
23	53	₹2,71,827	₹1,87,66,551	₹52,49,840	₹96,65,255	₹3,36,81,645
24	54	₹2,93,573	₹2,11,94,207	₹58,40,824	₹1,05,12,138	₹3,75,47,168
25	55	₹3,17,059	₹2,38,92,869	₹64,90,906	₹1,14,19,150	₹4,18,02,924
26	56	₹3,42,424	₹2,68,90,476	₹72,05,997	₹1,23,90,559	₹4,64,87,032
27	57	₹3,69,818	₹3,02,17,712	₹79,92,596	₹1,34,30,939	₹5,16,41,247
28	58	₹3,99,403	₹3,39,08,268	₹88,57,856	₹1,45,45,186	₹5,73,11,310
29	59	₹4,31,355	₹3,79,99,127	₹98,09,641	₹1,57,38,544	₹6,35,47,312
30	60	₹4,65,864	₹4,25,30,875	₹1,08,56,605	₹1,70,16,631	₹7,04,04,111

Comprehensive Retirement Planning

This calculator integrates all major retirement instruments available to Indian employees into a single unified view. It accounts for EPF contributions (employee + employer), EPS pension, NPS corpus with annuity split, PPF accumulation, and gratuity to give you a complete picture of your retirement readiness.

EPF & EPS

Both employee and employer contribute 12% of basic salary to EPF. Out of the employer's 12%, 8.33% (capped at basic of Rs 15,000) goes to EPS for pension. EPF earns 8.15% interest. EPS provides a monthly pension based on the formula: (Pensionable Salary x Service Years) / 70.

NPS

National Pension System contributions grow at market-linked returns. At retirement, 60% can be withdrawn as a tax-free lump sum and 40% must be used to purchase an annuity that provides monthly pension income.

PPF & Gratuity

PPF grows at 7.1% with annual contributions capped at Rs 1,50,000. Gratuity is payable after 5 years of service: (15/26) x Last Drawn Basic x Years of Service.

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