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Pension Fund Calculator

Retirement Planning Calculator - An online pension calculator in India by SBI Life, that helps you plan for your retirement days better by providing financial guidance and assistance.

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Pension Fund Calculator

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  1. Pension Fund Calculator

  2. What is Pension Fund Calculation ? • You can use apension fund calculator to determine how much you could contribute to a retirement plan. This calculator assists you in determining the lump sum amount you may save for retirement days up to the age of 60 based on a regular monthly commitment. • On the EPFO website, you can access the EPS calculator.

  3. Here are Some following Inputs : • Date of birth: The member must have turned 58 on January 4, 2011, or later. Therefore, to use this calculator, the user’s birthdate must be on or after January 4, 1953. • Dates of entry and departure from service constitute the service period. The EPFO paper states that the date of entry into service cannot be earlier than November 16, 1995, and the date of leaving cannot be later than the date of superannuation. • NCP 1 and NCP 2 days: Members are required to give information on their non-contributory term of service (NCP). NCP is the total number of days the member received no pay as well as the total number of days the employer failed to pay the member’s EPS payment.NCP-1 runs through August 31, 2014, while NCP 2 runs through that date.

  4. Thank You

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