EPF Calculator

The employer's 12% is not what it looks like

You contribute 12% of basic plus DA, and all of it goes to your provident fund. Your employer contributes 12% as well, but that share splits: 8.33% to the Employees' Pension Scheme and the remaining 3.67% to provident fund. So far so simple. The part that matters is the cap.

The pension share is capped at 8.33% of the ₹15,000 statutory wage - roughly ₹1,250 a month - and it does not rise as your salary rises. Above a ₹15,000 basic, almost every additional rupee of the employer's contribution goes to provident fund rather than to pension. At a ₹80,000 basic your employer contributes ₹9,600 a month, of which ₹1,250 is pension and ₹8,350 is provident fund.

How the projection works

Contributions are computed monthly from your basic, which grows by whatever annual increment you set. Interest accrues on the running balance at the rate the EPFO has declared and is credited at the end of each year. Your opening balance, if you supply one, compounds from the start.

• Employee share: your chosen rate on basic plus DA, all of it to provident fund
• Employer share: 12%, split 8.33% to pension and the remainder to provident fund
• Pension contribution capped at 8.33% of the ₹15,000 statutory wage
• Interest at the declared rate, on the running balance, credited annually
• The declared rate and the year it applies to are printed on the result

Why we do not compound the pension pool

The Employees' Pension Scheme is a defined-benefit arrangement, not an account with a declared rate. Compounding it at the EPF interest rate would materially overstate your corpus and would be inventing a return that does not exist. We track total pension contributions separately and say what they are, and we leave them out of the corpus figure.

What it will not do

It will not tell you what monthly pension you will receive. The EPS-95 benefit formula depends on pensionable service and pensionable salary in ways this projection deliberately does not model, and a confident number there would be misleading.

It also does not look up your actual balance - we never touch your UAN or the member portal - and it does not model VPF against PPF or NPS, or the taxation of a withdrawal. It is a projection from assumptions you supply, not financial advice.