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EPFO Pension Calculation: Know Your Payout After 10 Years
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News18•12-10-2026, 21:16
EPFO Pension Calculation: Know Your Payout After 10 Years
- •The Union Cabinet has increased the monthly salary ceiling under EPF and EPS from Rs 15,000 to Rs 25,000.
- •Under EPS-95, the monthly pension is calculated using the formula: (Pensionable Salary multiplied by Pensionable Service Period) divided by 70.
- •With a pensionable salary of Rs 28,000 and 10 years of service, an employee will receive a monthly pension of about Rs 4,000.
- •Employees can easily check and calculate their estimated pension by logging into the official EPFO Passbook Portal using their UAN.
Key Questions Answered
The Union Cabinet has increased the monthly salary ceiling under the Employees' Provident Fund (EPF) and Employees' Pension Scheme (EPS) from Rs 15,000 to Rs 25,000.
Under EPS-95, the monthly pension is calculated using the formula: (Pensionable Salary multiplied by Pensionable Service Period) divided by 70.
Employees can log into the EPFO Passbook Portal using their UAN and password, navigate to the 'Calculators' tab, select the 'EPS Calculator', and enter details like their date of birth and joining date to see their estimated pension.
