UPS Pension Calculator (Comparison with NPS pension)

Below is the approximate and realistic Calculator for Pension to come after retirement under UPS or NPS. Salary increase and NPS return included in calculation for Pension projection. Comparision of monthly pension payout by UPS option or NPS option is done here. Fill the required values below and click on calculate button to get Pension amount value in both (UPS and NPS).

Enter current BASIC PAY:

Enter NUMBER of years of service remaining:

Enter current total NPS amount in Tier-1:

Expected Yearly Growth in NPS monthly deposit amount: 01234567891011121314151617181920 %

Expected Annual NPS Return 67891011121314151617181920 %

Percentage of NPS lump sum corpus withdrawl at age of 60 year 0102030405060 % (select 0% if No lump sum withdrawal required)

For :
Current Basic Pay component of Monthly Salary = ₹ 50,000
Number of Years of service remaining: = 12
Current total NPS amount in Tier-1: = ₹ 25,00,000

Monthly salary expected before retirement after 12 years (Year 2037 ) = ₹ 1,12,610 per month

UPS Option (for more than 25 year of service):

Under UPS, Monthly Pension expected on retirement (Year 2037 ) = ₹ 56,305 per month (50% of above) ( equivalent to ₹ 31,353 in Year 2025)

After that it will grow at 3% each year (if inflation will be 3%).

New lump sum under UPS (in addition to Gratuity ) can be calculated by multiplying number of year of service by 0.2 , and multiply the result with last month salary.

For 30 year of service, Lump sum amount on retirement (Year 2037 ) = ₹ 6,75,660 ( equivalent to ₹ 3,76,233 in Year 2025)

NPS Option:

Final NPS (tier-1) balance (corpus amount) after 12 years (Year 2037 ) will be = ₹ 1,14,68,160 (equivalent to today's ₹ 63,85,900 worth)

Lump sum amount (Tax-Free) to be withdrawn on retirement year (Year 2037) from NPS ( 60 %) = ₹ 68,80,896 (equivalent to today's ₹ 38,31,540 worth)

After withdrawl of lump sum amount, remaining amount in NPS tier-1 on retirement in NPS (for annuity) = ₹ 45,87,264

Below is the approx pension (After withdrawal of 60 % of NPS corpus) can be obtained if remaining NPS tier -1 amount will be used to receive monthly pension for next 30 year after retirement (till 90 year age, if retire at 60 year of age) with assuming NPS annual rate of return 7 % per year (as per selection above) and DESIRING 3% annual increase in pension.

Year 1 ( Year 2037) : monthly pension = ₹ 22,449 ( equivalent to ₹ 12,500 in Year 2025)

Year 2 ( Year 2038) : monthly pension = ₹ 23,123 ( equivalent to ₹ 12,263 in Year 2025)

Year 3 ( Year 2039) : monthly pension = ₹ 23,816 ( equivalent to ₹ 12,029 in Year 2025)

Year 4 ( Year 2040) : monthly pension = ₹ 24,531 ( equivalent to ₹ 11,800 in Year 2025)

Year 5 ( Year 2041) : monthly pension = ₹ 25,267 ( equivalent to ₹ 11,575 in Year 2025)

Year 6 ( Year 2042) : monthly pension = ₹ 26,025 ( equivalent to ₹ 11,355 in Year 2025)

Year 7 ( Year 2043) : monthly pension = ₹ 26,805 ( equivalent to ₹ 11,138 in Year 2025)

Year 8 ( Year 2044) : monthly pension = ₹ 27,609 ( equivalent to ₹ 10,926 in Year 2025)

Year 9 ( Year 2045) : monthly pension = ₹ 28,438 ( equivalent to ₹ 10,718 in Year 2025)

Year 10 ( Year 2046) : monthly pension = ₹ 29,291 ( equivalent to ₹ 10,514 in Year 2025)

Year 11 ( Year 2047) : monthly pension = ₹ 30,170 ( equivalent to ₹ 10,314 in Year 2025)

Year 12 ( Year 2048) : monthly pension = ₹ 31,075 ( equivalent to ₹ 10,117 in Year 2025)

Year 13 ( Year 2049) : monthly pension = ₹ 32,007 ( equivalent to ₹ 9,924 in Year 2025)

Year 14 ( Year 2050) : monthly pension = ₹ 32,967 ( equivalent to ₹ 9,735 in Year 2025)

Year 15 ( Year 2051) : monthly pension = ₹ 33,956 ( equivalent to ₹ 9,550 in Year 2025)

Year 16 ( Year 2052) : monthly pension = ₹ 34,975 ( equivalent to ₹ 9,368 in Year 2025)

Year 17 ( Year 2053) : monthly pension = ₹ 36,024 ( equivalent to ₹ 9,189 in Year 2025)

Year 18 ( Year 2054) : monthly pension = ₹ 37,105 ( equivalent to ₹ 9,015 in Year 2025)

Year 19 ( Year 2055) : monthly pension = ₹ 38,218 ( equivalent to ₹ 8,843 in Year 2025)

Year 20 ( Year 2056) : monthly pension = ₹ 39,365 ( equivalent to ₹ 8,674 in Year 2025)

Year 21 ( Year 2057) : monthly pension = ₹ 40,545 ( equivalent to ₹ 8,509 in Year 2025)

Year 22 ( Year 2058) : monthly pension = ₹ 41,762 ( equivalent to ₹ 8,347 in Year 2025)

Year 23 ( Year 2059) : monthly pension = ₹ 43,015 ( equivalent to ₹ 8,188 in Year 2025)

Year 24 ( Year 2060) : monthly pension = ₹ 44,305 ( equivalent to ₹ 8,032 in Year 2025)

Year 25 ( Year 2061) : monthly pension = ₹ 45,634 ( equivalent to ₹ 7,879 in Year 2025)

Year 26 ( Year 2062) : monthly pension = ₹ 47,003 ( equivalent to ₹ 7,729 in Year 2025)

Year 27 ( Year 2063) : monthly pension = ₹ 48,413 ( equivalent to ₹ 7,582 in Year 2025)

Year 28 ( Year 2064) : monthly pension = ₹ 49,866 ( equivalent to ₹ 7,437 in Year 2025)

Year 29 ( Year 2065) : monthly pension = ₹ 51,362 ( equivalent to ₹ 7,296 in Year 2025)

Year 30 ( Year 2066) : monthly pension = ₹ 52,903 ( equivalent to ₹ 7,157 in Year 2025)

If Pension is required only for 20 year by NPS amount

The approx Monthly Pension (growing each year) will be as below:

Year 1 ( Year 2037) : monthly pension = ₹ 28,674 ( equivalent to ₹ 15,967 in Year 2025)

Year 2 ( Year 2038) : monthly pension = ₹ 29,534 ( equivalent to ₹ 15,663 in Year 2025)

Year 3 ( Year 2039) : monthly pension = ₹ 30,420 ( equivalent to ₹ 15,364 in Year 2025)

Year 4 ( Year 2040) : monthly pension = ₹ 31,333 ( equivalent to ₹ 15,072 in Year 2025)

Year 5 ( Year 2041) : monthly pension = ₹ 32,273 ( equivalent to ₹ 14,785 in Year 2025)

Year 6 ( Year 2042) : monthly pension = ₹ 33,241 ( equivalent to ₹ 14,503 in Year 2025)

Year 7 ( Year 2043) : monthly pension = ₹ 34,238 ( equivalent to ₹ 14,227 in Year 2025)

Year 8 ( Year 2044) : monthly pension = ₹ 35,265 ( equivalent to ₹ 13,956 in Year 2025)

Year 9 ( Year 2045) : monthly pension = ₹ 36,323 ( equivalent to ₹ 13,690 in Year 2025)

Year 10 ( Year 2046) : monthly pension = ₹ 37,413 ( equivalent to ₹ 13,429 in Year 2025)

Year 11 ( Year 2047) : monthly pension = ₹ 38,535 ( equivalent to ₹ 13,173 in Year 2025)

Year 12 ( Year 2048) : monthly pension = ₹ 39,692 ( equivalent to ₹ 12,923 in Year 2025)

Year 13 ( Year 2049) : monthly pension = ₹ 40,882 ( equivalent to ₹ 12,676 in Year 2025)

Year 14 ( Year 2050) : monthly pension = ₹ 42,109 ( equivalent to ₹ 12,435 in Year 2025)

Year 15 ( Year 2051) : monthly pension = ₹ 43,372 ( equivalent to ₹ 12,198 in Year 2025)

Year 16 ( Year 2052) : monthly pension = ₹ 44,673 ( equivalent to ₹ 11,966 in Year 2025)

Year 17 ( Year 2053) : monthly pension = ₹ 46,013 ( equivalent to ₹ 11,738 in Year 2025)

Year 18 ( Year 2054) : monthly pension = ₹ 47,394 ( equivalent to ₹ 11,514 in Year 2025)

Year 19 ( Year 2055) : monthly pension = ₹ 48,816 ( equivalent to ₹ 11,295 in Year 2025)

Year 20 ( Year 2056) : monthly pension = ₹ 50,280 ( equivalent to ₹ 11,080 in Year 2025)

Assumption here taken is yearly increase in salary = 7 % (as per selection above) include all i.e. promotion, increment, pay revision, DA merger with Base Salary etc) and depreciation of 5 % is considered for decrease in worth of money with time

The above calculation is only for rough estimation. Actual pension may differ to any extent. If you find any error in calculation or want to suggest any thing, please email at admin@upspension.in.

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