EPS pension calculator: Check your monthly pension under EPS 2026 after 10, 15, 20 and 25 years of service

The government has notified the Employees' Pension Scheme (EPS), 2026 under the Code on Social Security, 2020, replacing EPS-1995 and the Employees' Family Pension Scheme, 1971. However, the method of calculating the monthly EPS pension remains unchanged under the new scheme.

If you have not exercised the higher pension option and contributed on a higher basic salary, your EPS pension will continue to be calculated on the statutory wage ceiling of Rs 15,000, even if your actual basic salary plus dearness allowance is higher.

Every eligible EPS member is also assured of a minimum monthly pension of Rs 1,000, even if the pension calculated under the formula is lower. These provisions remain unchanged under EPS 2026.

The EPS pension formula remains unchanged under the new scheme: Monthly EPS Pension = (Pensionable Salary × Pensionable Service) ÷ 70

Pensionable salary will continue to be the average monthly salary drawn during the last 60 months before exiting the pension fund.

The table above shows the estimated monthly EPS pension for employees with 10 years of pensionable service and a pensionable salary ranging from Rs 10,000 to Rs 15,000.

The table above shows the estimated monthly EPS pension for employees with 15 years of pensionable service and a pensionable salary ranging from Rs 10,000 to Rs 15,000.

Under EPFO rules, members completing 20 years of eligible service receive a two-year weightage for pension calculation. Therefore, 20 years of service is treated as 22 years while calculating the monthly pension. The table above shows the estimated monthly EPS pension for employees completing 20 years of service.

Similarly, members completing 25 years of eligible service receive a two-year weightage, so their pension is calculated by treating the service period as 27 years. The table above shows the estimated monthly EPS pension for employees completing 25 years of service.