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NPS calculator
Enter your basic pay today and years to retirement. The calculator adds your 10% and the government's 14% of basic + DA each month, raises pay every year, and grows the money at the return you choose.
Fill in the form to see the result.
How NPS works for central government employees
Employees who joined on or after 1 January 2004 are in the National Pension System. Each month 10% of basic pay + DA is deducted and the government adds 14%. The money is invested in government bonds, corporate bonds and shares through pension fund managers you can choose. At 60 you can take up to 60% as a tax-free lump sum and must use at least 40% to buy an annuity that pays a monthly pension.
Since 1 April 2025, central government NPS subscribers can switch to the Unified Pension Scheme, which guarantees 50% of average basic pay after 25 years. Compare both with the UPS vs NPS calculator.
Tax
Your own contribution is deductible under the old regime (80CCD(1), within the ₹1.5 lakh limit, plus ₹50,000 more under 80CCD(1B)). The government's 14% is deductible under both regimes. See NPS tax benefits.
More calculators
- Central government pension calculatorPension, commutation and DR at retirement
- Gratuity calculatorGovernment DCRG and private sector gratuity
- Leave encashment calculatorCash for earned leave at retirement
- Unified Pension Scheme (UPS) calculatorAssured payout and lump sum under UPS
- UPS vs NPS calculatorCompare the two pension options
Guides
- Pension commutation explainedSwap up to 40% of pension for a lump sum: formula and factor table
- Family pension for central government employeesNormal and enhanced rates, who gets it and how it is taxed
- Additional pension at age 80 and aboveExtra 20% to 100% of basic pension from age 80
- Leave encashment explainedHow unused earned leave turns into cash, and how it is taxed
- UPS vs NPS: how the two pension options compareAssured payout or market-linked corpus: a side-by-side comparison
- Old pension scheme vs NPSDefined-benefit pension against a market-linked corpus
Frequently asked questions
What return does NPS give?
It depends on the fund and the mix of equity and bonds. Government-sector schemes have returned around 9% to 10% a year over the long run, but past returns do not guarantee future ones.
Can I withdraw NPS before 60?
Partial withdrawals of up to 25% of your own contributions are allowed for specific needs (children's education or marriage, house, illness) after 3 years.