NPS Calculator for Govt Employees: Corpus & Pension at 60

Enter details

Pay Level

Current Stage

Current DA % (%)

Employee Contribution (%)

Government Contribution (%)

Assumed Annual Increment (%)

Expected Annual Return (%)

Current Age (yrs)

Retirement Age (yrs)

Current NPS Corpus (if any) (₹)

Fill in the details and click Calculate to see your results.

This calculator is independent and unofficial — not affiliated with, endorsed by, or a representative of the Government of India or any government department. Figures are estimates for informational purposes; verify official figures before making decisions.

Formula at a glance

NPS Calculator formula: Contribution = Basic × (1 + DA %) × (Employee % + Employer %); Corpus = Previous corpus × (1 + i) + Contribution, every month — How the nps calculator works: Contribution = Basic × (1 + DA %) × (Employee % + Employer %)

📱 Also in our Android apps

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Financial CalculatorEMI, SIP, PPF, NPS, post office schemes and government-employee calculatorsGet it on Google Play
Govt Employee CalculatorSalary, DA, pension and income tax for government employeesGet it on Google Play

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📘 About the NPS Corpus & Pension Calculator

Under the National Pension System (NPS) you contribute 10% of basic + DA every month and the Government adds 14%. The money is invested and grows until you retire.

This calculator projects that growth year by year — with your annual increments and the return you expect — to estimate your retirement corpus at 60. At retirement you can take 60% as a tax-free lump sum; at least 40% must buy an annuity, which pays your monthly pension.

Returns are not guaranteed: try a lower and a higher return to see a range. Compare with the Unified Pension Scheme (UPS) in the NPS vs UPS vs OPS calculator.

🧮 Formula

Monthly contribution

Contribution = Basic × (1 + DA %) × (Employee % + Employer %)

Corpus growth

Corpus = Previous corpus × (1 + i) + Contribution, every month

At retirement

Lump sum = 60% of corpus; Annuity corpus = 40%

Monthly pension

Pension ≈ Annuity corpus × annuity rate ÷ 12

Where

i = monthly return = expected annual return ÷ 12 ÷ 100
Basic rises each year by your annual increment
The app assumes a 6% annuity rate for the pension estimate

The 60/40 split and annuity rate are assumptions and rules can differ between schemes and change over time.

✏️ Worked examples

Level 7, age 30, 10% return

You enter
Pay Level	Level 7
Current Stage	0
Current DA %	58%
Employee Contribution	10%
Government Contribution	14%
Assumed Annual Increment	3%
Expected Annual Return	10%
Current Age	30 yrs
Retirement Age	60 yrs
Current NPS Corpus (if any)	₹0

You get
Projected Corpus at Retirement	₹4,98,54,276.32
Lump Sum (60%)	₹2,99,12,565.79
Annuity Corpus (40%)	₹1,99,41,710.53
Est. Monthly Pension	₹99,708.55

₹4,98,54,276.32.

Age 30 to 60, basic ₹56,100, 10% + 14% contribution, 8% return

You enter
Basic pay	₹56,100 a month
Dearness allowance	60%
Employee + employer contribution	10% + 14%
Expected return	8% a year
Annual increment	3%
Age	30 to 60

You get
Corpus at retirement	₹43,056,661.87
Total contributions	₹12,298,663.62
Lump sum (60%)	₹25,833,997.12
Annuity corpus (40%)	₹17,222,664.75
Estimated monthly pension	₹86,113.32

These are projections under stated assumptions, not guaranteed values.

❓ Frequently asked questions

How much will my NPS corpus be at retirement?

It depends on your pay, years of service and returns. For example, a Level 7 employee starting at 30 with 10% returns can build a corpus of well over ₹1.5 crore by 60 — enter your own details for an estimate.

How much NPS can I withdraw at 60?

Up to 60% of the corpus as a tax-free lump sum; the remaining 40% (or more) must be used to buy an annuity that pays a monthly pension.

How is the NPS pension calculated?

The annuity amount × the annuity rate ÷ 12. At about 6% a year, every ₹10 lakh in the annuity pays roughly ₹5,000 a month.

🏆 NPS Calculator for Govt Employees: Retirement Corpus & Pension