Pension & Gratuity Calculator (NPS, UPS, OPS)
Free · no login · runs on your deviceLast reviewed by NaukriZila Editorial Team
Quick answer
Under the Unified Pension Scheme, a central employee with 25+ years of service gets 50% of the average basic pay of the last 12 months as assured pension (proportionate from 10 years, minimum ₹10,000), plus a lump sum of 1/10 of monthly pay + DA for every six months of service. Under NPS, the pension depends on the corpus built from 10% + 14% contributions. Central government gratuity is ¼ of pay + DA for each six months of service, up to ₹25 lakh.
₹5.33 crore
Lump sum (tax-free up to 60%): ₹3.20 crore
Annuity purchase: ₹2.13 crore → pension ₹1,06,648/month
Contributions: 10% employee + 14% government of basic + DA (total ₹1.62 crore).
Projection only — returns are market-linked and not guaranteed.
How to use the Pension Calculator
- 1Pick the schemeNPS, UPS, Old Pension Scheme, or Gratuity.
- 2Enter your service and payYears of service, basic pay, and DA/DR rate.
- 3Add assumptions (NPS)Pay growth, expected return, annuity share and annuity rate.
- 4CompareSee the monthly pension, lump sum and family pension.
NPS vs UPS vs OPS at a glance
| NPS | UPS (from 1 Apr 2025) | OPS (before 2004) | |
|---|---|---|---|
| Employee contribution | 10% of pay + DA | 10% of pay + DA | None |
| Government contribution | 14% | 18.5% | — |
| Pension | Annuity from corpus (market-linked) | 50% of last-12-month average basic (25+ years) | 50% of last pay / 10-month average |
| Minimum pension | None | ₹10,000 (10+ years) | ₹9,000 |
| Lump sum | Up to 60% of corpus, tax-free | 1/10 of pay + DA per six months of service | Commutation up to 40% of pension |
| Family pension | From annuity plan | 60% of pension | As per CCS rules |
Gratuity rules
| Central govt (CCS rules) | Private / PSU (Gratuity Act) | |
|---|---|---|
| Formula | (Basic + DA) × ¼ × six-month periods | (Basic + DA) × 15/26 × years |
| Maximum | 16.5 months’ pay, ₹25 lakh cap | ₹20 lakh cap |
| Minimum service | 5 years | 5 years |
Frequently Asked Questions
How is pension calculated under UPS?+
50% of the average basic pay of the last 12 months for 25+ years of service; proportionately less for 10–25 years, with a minimum of ₹10,000 a month. Dearness relief is added.
How much lump sum is paid under UPS?+
One-tenth of monthly pay + DA at retirement for every completed six months of qualifying service.
How much pension will I get from NPS?+
It depends on the corpus. At least 40% must buy an annuity; the pension equals annuity amount × annuity rate ÷ 12. Use the NPS tab to project it.
What is the commutation factor at age 60?+
8.194 for age next birthday 61. Lump sum = commuted pension × 12 × 8.194.
What is the maximum gratuity for central government employees?+
₹25 lakh, or 16.5 times monthly pay + DA if lower.
How is gratuity calculated in private jobs?+
Last basic + DA × 15 × years of service ÷ 26, up to ₹20 lakh, after at least 5 years of continuous service.
Requirements differ between recruitments. Always follow the official notification of the exam you are applying for.