Retirement Benefits & Salary Deductions Calculator
See what your payslip sends to PF, pension, NPS, ESI, the Labour Welfare Fund and Professional Tax, how much comes back when you retire, and what never comes back.
Your details
You retire on 2050-01-01, in 23.2 yrs. Leave blank to retire on your birthday.
Salary
Monthly gross ₹97,000, Basic + DA ₹50,000, wage used for PF and gratuity ₹50,000.
Service
Fixed-term employees qualify for gratuity after 1 year under the Labour Codes.
Assumptions
Default 8.25%, the rate for FY 2025-26.
At retirement, 2050-01-01
₹67.3 L
lump sum, plus
₹9,286/month
pension and annuity, before tax
What comes back to you
Tax-free (5+ years of service)
How is this calculated?
Your contributions ₹8,34,000 + employer EPF share ₹3,02,835 + interest ₹20,35,672, plus your current balance. Interest accrues monthly and is credited every March, as EPFO does it.
For life. Taxable as income. Doesn't rise with inflation.
How is this calculated?
Pensionable salary ₹25,000 (average of the last 60 months, capped at the ceiling) × 26 years ÷ 70.
20+ years of service adds a 2-year bonus; service counts up to 35 years. Starting before 58 cuts the pension 4% a year; deferring to 59 or 60 adds 4% a year. Minimum ₹1,000.
₹15,55,397 above the ₹20 lakh exemption is taxable
How is this calculated?
15/26 × wage base ₹2,37,026 × 26 years, the same formula as our Gratuity Calculator. Six months or more counts as a full year.
What you put in each month
| Item | Paid by | This month | Till retirement | Comes back? |
|---|---|---|---|---|
| PF (12% of PF wage) | You | ₹3,000 | ₹8.3 L | Yes, EPF lump sum |
| Employer PF to EPF | Employer | ₹917 | ₹3.0 L | Yes, EPF lump sum |
| Employer PF to EPS | Employer | ₹2,083 | ₹5.3 L | As monthly pension |
| Professional Tax | You | ₹200 | ₹55,600 | No, state tax |
| LWF (monthly equivalent) | You | ₹4 | ₹1,158 | No, funds welfare schemes |
| LWF (monthly equivalent) | Employer | ₹8 | ₹2,317 | No, funds welfare schemes |
"Till retirement" adds up contributions as your salary grows 7% a year, before interest.
What you don't get back
These deductions don't build savings. ESI and LWF buy you cover and benefits you can claim; Professional Tax is a state tax.
LWF in Karnataka
Checked against the official notification on 7 Oct 2026Deducted yearly.
Professional Tax
From your payslip. Some states don't levy it; some charge more in one month.
Try a what-if
Gratuity appears once you'd qualify, and is hidden in job-switch mode.
Will it be enough?
How is this calculated?
Expenses grow 6% a year to ₹23,14,215 a year at retirement, then keep rising for 25 yrs while savings earn 7%.
How is this calculated?
After-tax lump sums plus the value of after-tax EPS pension and NPS annuity.
If you switch jobs
Assumes you transfer PF each time, so EPF and EPS continue. Gratuity restarts at every employer.
Estimates only, based on current rules and the assumptions you set. Not financial, tax or legal advice. Check your EPFO passbook, NPS statement and payslip, and speak to a qualified advisor before making decisions.
PF and EPS
You and your employer each pay 12% of your PF wage. All of yours goes to EPF. Of the employer's 12%, 8.33% of the wage (up to the ceiling) goes to the Employees' Pension Scheme and the rest to EPF. EPF earns the rate EPFO declares each year: 8.25% for FY 2025-26. The full EPF balance is paid as a lump sum when you retire, tax-free with at least 5 years of continuous service.
EPS doesn't build a balance you can withdraw. It pays a pension from 58:
Pensionable salary is the average pension wage of your last 60 months. With fewer than 10 years of service you get a one-time withdrawal benefit instead. The PF ceiling rose to ₹25,000 on 17 September 2026; the EPF Wage Ceiling Calculator shows how that changes this month's contribution.
NPS
Your employer can contribute to NPS for you, and you can add your own money. At normal exit at 60, non-government subscribers with a corpus above ₹12 lakh can take up to 80% as a lump sum; the rest buys an annuity that pays a monthly pension.
Retiring before 60 counts as a premature exit: 80% must buy an annuity. You can usually stay invested until 60 instead.
Gratuity and leave
Gratuity is worked out exactly as in our Gratuity Calculator, including the Labour Codes' 50% wage rule and the 1-year rule for fixed-term employees.
Up to ₹20 lakh of gratuity is tax-free across your career. Unused earned leave paid out when you retire is tax-free up to ₹25 lakh.
What you don't get back
ESI is health and income insurance for employees whose wage is ₹21,000 a month or less (₹25,000 for persons with disability). You pay 0.75% and your employer pays 3.25%. See what ESI covers.
Labour Welfare Fund is a small state levy that funds welfare schemes for workers and their families. See what LWF pays for.
Professional Tax is a state tax, capped at ₹2,500 a year.
Frequently asked questions
Your PF and VPF, the employer's EPF share and all interest come back as a lump sum. The employer's EPS share comes back as a monthly pension with 10 or more years of service, or a one-time withdrawal benefit with less. NPS comes back as a lump sum plus an annuity. Gratuity and leave encashment are paid by your employer when you leave.