Project what your provident fund is actually worth at retirement — with the EPS pension share separated out, the ₹15,000 wage-ceiling choice made explicit, and optional VPF modelled properly.
Both you and your employer put 12% of basic + DA into provident fund each month, but only your 12% goes entirely to EPF. Your employer's 12% is split: 8.33% of the ₹15,000 statutory ceiling — a hard ₹1,250 a month — goes to the EPS pension, and whatever is left goes to EPF.
That cap is where most EPF projections go wrong. The familiar '3.67% employer share' is only true at a ₹15,000 basic. Once your basic is higher, EPS stays frozen at ₹1,250 while the rest of the employer's 12% keeps flowing into EPF, so the real EPF share climbs towards 12% — on a ₹1,00,000 basic it is about 10.75%, not 3.67%. This calculator computes the split properly instead of applying a flat percentage.
It also asks the question employers actually differ on: are contributions calculated on your full basic, or restricted to the ₹15,000 ceiling? The two produce very different corpuses, and the answer is on your payslip — compare the EPF deduction against 12% of your basic.
On a ₹25,000 basic: you contribute ₹3,000 a month. Your employer also puts in ₹3,000, of which ₹1,249.50 goes to EPS and ₹1,750.50 to EPF. So ₹4,750.50 a month lands in the EPF corpus, and the EPS portion builds a separate pension you cannot withdraw as a lump sum.
Because EPS is a pension, not savings. It funds a monthly payout after 58, calculated from your pensionable service and salary — it is not part of the balance you see in your passbook or withdraw when you leave. Adding it to the corpus would overstate what you actually receive, which is why it is listed on its own here.
Check your payslip. If the EPF deduction equals 12% of your full basic, pick actual basic. If it is around ₹1,800 regardless of your salary, your employer restricts contributions to the ₹15,000 ceiling. Both are legal — the ceiling is the statutory minimum, and contributing above it is optional for the employer.
VPF earns the same rate as EPF with the same safety, which is hard to beat for the debt part of a portfolio. Two limits matter: your employer does not match VPF, and interest on your own contributions above ₹2,50,000 in a year is taxable in your hands. The calculator flags that threshold when your inputs cross it.
The default here is 8.25%, the rate EPFO declared for FY 2024-25. The rate is reviewed annually and has drifted between roughly 8.1% and 8.65% over the last decade, so treat any long projection as a scenario rather than a promise — run it again at a percentage point lower to see how sensitive your number is.
FlowKartAI does everything this tool does — and more — automatically for every WhatsApp order you receive.
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