EPFO Pension Calculator: Worked 30 Years In A Private Job? Here's How Much You’ll Get

The family pension ensures the employee’s dependents are financially supported after their death. (Representative/Shutterstock)

Many private employees often wonder how their pension compares to those in government jobs. Private sector workers who subscribe to the Employee Provident Fund (EPF) receive pension benefits under the Employee Pension Scheme (EPS).

A portion of the employee’s salary is automatically deposited into their EPF account each month, matched by an equal contribution from their employer. Specifically, the employer contributes 8.33% of the basic salary plus Dearness Allowance (DA) into the EPS, with a maximum cap of Rs 15,000.

To be eligible for a pension, employees must work for at least 10 years. Upon retirement, the amount accumulated in the EPS account is used to pr