NPS Corpus & Pension Projection Calculator for Maharashtra UGC Teachers
Your NPS corpus at retirement depends on contributions and market returns; 60% can be withdrawn tax-free and 40% buys an annuity.
Central Government rates. This calculator uses the Central rules; Maharashtra's own rules may differ — check with your university.
Important: Government rules, allowances and rates change from time to time. Before taking a final decision or making a claim, confirm the figures with the latest official order, notification or rules of the department concerned.
📄 Rules & sources ✅ 2 verified
📄 Rule basis
- CCS (Implementation of NPS) Rules 2021, G.S.R. 227(E) (31.03.2021) — cpao.nic.in
🔎 Source
✅ Verified from an official order
- Dearness Allowance (DA) — 60% from 01.01.2026: 60% — from 01.01.2026 · Order: Maharashtra Finance Dept GR MABHAVA-1326/Pr.Kr.16/Seva-9 dated 18.08.2026; teachers get State rates under Maharashtra GR No. Misc-2018/C.R.56/18/UNI-1 dated 08.03.2019, para 15 · verified 13.10.2026 · Maharashtra DA GR 18.08.2026 (gr.maharashtra.gov.in)
- NPS — 10% employee + 14% employer: 10% + 14% — from 20.09.2024 · Order: Maharashtra Finance Dept GR SENIVE-2024/Pr.Kr.54/Seva-4 dated 20.09.2024, Annexure B para 7 · verified 13.10.2026 · Maharashtra Revised NPS GR 20.09.2024
How it works
You enter: Current corpus, Basic pay, DA rate, Years to retirement, Pay growth per year, Return per year, Annuity rate. The result updates as you type. It applies Dearness Allowance (DA) — 60% from 01.01.2026; NPS — 10% employee + 14% employer — each checked against the official order (✅).
Frequently asked questions
What does NPS deduct?10% of basic pay plus DA from you; the employer adds 14%.
What is the UPS assured payout?50% of the last 12 months' average basic pay for 25 years of service, proportionately from 10 years, minimum ₹10,000, plus DR.
Are these figures official?They follow the orders listed under Rules & sources on this page. Values marked ⚠️ are not yet confirmed from an official order. For a final figure, rely on your finance office and the order itself.