UPS Pension Calculator: How much pension will you get as per your basic salary, understand the complete calculation here..

The Government of India has started the Unified Pension Scheme for Central Government Employees. This new pension scheme will benefit about 23 lakh employees.

Many questions come to the mind of pensioners regarding the New Pension Scheme. The main question among these questions is how much pension will the pensioners get after retirement. Along with this, how many years of job is required at least to get the benefit of a pension? We will give you the correct answer to all these questions.

After how many years will you get a pension
To get a pension under the Unified Pension Scheme, the beneficiary will have to work for at least 25 years. Even if he works for 20 or 23 years, he will not get the benefit of a UPS pension. Now the question comes of how much pension will the employee get.

According to the UPS pension calculation, the pension will be given by adding 50 percent of the basic salary of the employee in the year before retirement along with dearness relief. We explain it to you with the example of some basic salary.

How to calculate UPS Pension?

Employees whose basic salary is Rs 50,000 will get a pension under UPS which is 50% of their basic salary i.e. Rs 25,000 + the amount formed by adding dearness relief.

Similarly, employees with a basic salary of Rs 55,000 will get a pension of Rs 27,500 plus dearness relief.

Employees whose basic salary is Rs 60,000 will get a pension based on the amount obtained after adding Rs 30,000 + dearness relief.

Employees with a basic salary of Rs 70,000 will get a pension based on the amount obtained after adding Rs 35,000 plus dearness relief.

Employees whose salary is Rs 75,000 will get a pension based on the amount obtained after adding Rs 37,500 + dearness relief every month.
Employees with a basic salary of Rs 80,000 will receive a pension equal to Rs 40,000 + dearness relief.