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EPF Calculator

Work out your provident fund at retirement and your EPS pension under the new 2026 schemes and the ₹25,000 wage ceiling.

years
years

58 is the retirement age for EPF and EPS. The pension can start from 50 (reduced) or wait until 60.

HRA, special allowance, conveyance… If these are more than half your total pay, the excess counts as wages for PF. Your wages for PF: ₹30,000.

Contributions are paid on

The law requires 12% on wages up to ₹25,000 a month. Many employers pay on full wages; check your payslip.

Your own extra, as % of wages. The employer does not have to match it.

Member of the pension scheme (EPS)?

Usually yes, unless you joined with wages above the ceiling. Your passbook shows a separate EPS line.

years

8.25% was declared for 2025-26; the rate is set every year.

EPF balance at 58

₹66,91,814

You put in (incl. balance today)
₹12,08,000₹12.08 lakh
Employer's share in EPF
₹3,08,112₹3.08 lakh
Interest earned
₹51,75,702₹51.76 lakh
EPS pension (per month)
₹11,786

This month, on wages of ₹30,000

  • You: ₹3,000
  • Employer to EPF: ₹917
  • Employer to EPS (pension): ₹2,083

EPS pension

33 years of service + 2 years bonus on pensionable wages of ₹25,000 a month: about ₹11,786 a month from age 58.

What your EPF balance is made of
  • Money put in₹15,16,112 (22.7%)
  • Interest₹51,75,702 (77.3%)
Value at the end of each yearMoney put inInterest

Year by year

YearWages / monthYou put inEmployer to EPFEmployer to EPSInterestEPF balance
Age 31₹30,000₹36,000₹11,004₹24,996₹18,277₹2,65,281
Age 32₹31,800₹36,000₹11,004₹24,996₹23,663₹3,35,948
Age 33₹33,708₹36,000₹11,004₹24,996₹29,493₹4,12,445
Age 34₹35,730₹36,000₹11,004₹24,996₹35,804₹4,95,254
Age 35₹37,874₹36,000₹11,004₹24,996₹42,636₹5,84,893
Age 36₹40,147₹36,000₹11,004₹24,996₹50,031₹6,81,928
Age 37₹42,556₹36,000₹11,004₹24,996₹58,036₹7,86,969
Age 38₹45,109₹36,000₹11,004₹24,996₹66,702₹9,00,675
Age 39₹47,815₹36,000₹11,004₹24,996₹76,083₹10,23,762
Age 40₹50,684₹36,000₹11,004₹24,996₹86,238₹11,57,004
Age 41₹53,725₹36,000₹11,004₹24,996₹97,230₹13,01,238
Age 42₹56,949₹36,000₹11,004₹24,996₹1,09,129₹14,57,371
Age 43₹60,366₹36,000₹11,004₹24,996₹1,22,010₹16,26,386
Age 44₹63,988₹36,000₹11,004₹24,996₹1,35,954₹18,09,344
Age 45₹67,827₹36,000₹11,004₹24,996₹1,51,048₹20,07,396
Age 46₹71,897₹36,000₹11,004₹24,996₹1,67,388₹22,21,788
Age 47₹76,211₹36,000₹11,004₹24,996₹1,85,075₹24,53,867
Age 48₹80,783₹36,000₹11,004₹24,996₹2,04,221₹27,05,092
Age 49₹85,630₹36,000₹11,004₹24,996₹2,24,947₹29,77,043
Age 50₹90,768₹36,000₹11,004₹24,996₹2,47,383₹32,71,431
Age 51₹96,214₹36,000₹11,004₹24,996₹2,71,670₹35,90,105
Age 52₹1,01,987₹36,000₹11,004₹24,996₹2,97,961₹39,35,070
Age 53₹1,08,106₹36,000₹11,004₹24,996₹3,26,421₹43,08,495
Age 54₹1,14,592₹36,000₹11,004₹24,996₹3,57,228₹47,12,727
Age 55₹1,21,468₹36,000₹11,004₹24,996₹3,90,577₹51,50,308
Age 56₹1,28,756₹36,000₹11,004₹24,996₹4,26,678₹56,23,990
Age 57₹1,36,481₹36,000₹11,004₹24,996₹4,65,757₹61,36,751
Age 58₹1,44,670₹36,000₹11,004₹24,996₹5,08,059₹66,91,814

How to use this calculator

  1. Enter your age, when you plan to leave, and your basic pay + DA and other pay.
  2. Choose whether PF is paid on wages up to the ceiling or on full wages (see your payslip).
  3. Add any VPF, your EPF balance today and your years of EPS service so far.
  4. Read the EPF balance, this month's split, and your EPS pension.

How it is calculated

Each month you and your employer pay 12% of wages. Of the employer's 12%, 8.33% of wages up to the ceiling goes to EPS; the rest goes to EPF. Interest is credited each year on the monthly running balance: money paid in a month earns interest from the next month.

EPS pension = pensionable wages × pensionable service ÷ 70

Example: age 30 to 58, wages of ₹30,000a month rising 6% a year, ₹2,00,000 already saved, at 8.25%: EPF balance ₹66,91,814 and an EPS pension of about₹11,786 a month.

Rules and sources

  • Employees' Provident Funds Scheme, 2026 (G.S.R. 525(E), 29 June 2026): contributions (paragraphs 18–19), interest (paragraph 42).
  • Employees' Pension Scheme, 2026 (G.S.R. 527(E), 29 June 2026): EPS contribution (paragraph 4), service and pensionable wages (paragraphs 9–11), pension (paragraph 12).
  • Wage ceiling ₹25,000 from 17 September 2026 (Ministry of Labour and Employment). Interest 8.25% for 2025-26.
  • Code on Social Security, 2020: wages (section 2(88)), superannuation at58 (section 2(82)). Income-tax Act, 2025: Schedule XI and the exempt-income schedule.
  • Assumptions: service before 17 September 2026 counts at the ₹15,000ceiling; future ceilings and rates stay as today; joined EPS after 16 November 1995.

Frequently asked questions

How much PF is deducted from my salary?

12% of your wages for PF, and your employer adds the same. On wages of ₹30,000 a month with contributions on wages up to ₹25,000, you pay ₹3,000; of the employer's share, ₹2,083 goes to the pension scheme (EPS) and ₹917 to your EPF.

What changed in EPF in 2026?

The Employees' Provident Funds Scheme, 2026 and the Employees' Pension Scheme, 2026 replaced the 1952 and 1995 schemes on 29 June 2026, under the Code on Social Security, 2020. From 17 September 2026 the wage ceiling rose from ₹15,000 to ₹25,000 a month, so the most that goes to EPS rose from ₹1,250 to ₹2,083 a month.

What are "wages" for PF?

Basic pay plus dearness allowance (and any retaining allowance). HRA, conveyance, bonus, overtime and similar payments are left out, but if they add up to more than half your total pay, the part above half is counted as wages. For example, basic + DA of ₹20,000 with ₹40,000 of allowances gives wages for PF of ₹30,000.

How is the EPS pension calculated?

Pensionable wages × years of service ÷ 70. Pensionable wages are your average wages over the last 60 months, capped at the ceiling for each period; 2 years are added if you retire at 58 with 20 years or more. You need at least 10 years, and the minimum pension is ₹1,000 a month. In the example: about ₹11,786 a month from 58.

Should I contribute on full wages or add VPF?

Both raise your corpus. In the example, contributions on full wages instead of up to the ceiling give ₹1.56 crore instead of ₹66.92 lakh at 58; adding 5% as VPF gives ₹1.01 crore. Interest on your own contributions above ₹2,50,000 a year is taxable.

Is EPF tax-free?

Your own contribution counts towards section 123 in the old regime. Interest is tax-free unless your own contributions exceed ₹2,50,000 in a year. The balance is tax-free when you withdraw after five years or more of continuous service (Schedule XI, paragraph 8 of the Income-tax Act, 2025).

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Last updated . For information only — not financial advice. Check the final figures with your lender or bank.