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Pension (Old Pension Scheme) Calculator for Maharashtra UGC Teachers

Under the Old Pension Scheme, pension is 50% of last basic pay or the 10-month average, whichever is higher, after at least 10 years of service. Free

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 ✅ 1 verified ⚠️ 3 not yet verified
📄 Rule basisChecked on 13.10.2026. Before relying on a figure, see the order in force at that time.
🔎 Source

✅ Verified from an official order

  • Dearness Relief (DR) on pension — 60% from 01.01.2026: 60% — from 01.01.2026 · Order: Maharashtra Finance Dept GR NIMAVA-2026/Pr.Kr.58/Seva-4 dated 19.08.2026 (pension rules applied to aided colleges and non-agricultural universities — supplement 31.01.2024, para 3) · verified 13.10.2026 · Maharashtra DR GR 19.08.2026 (gr.maharashtra.gov.in)

⚠️ Not yet verified from an official order — confirm with your university before relying on it

  • Age of superannuation of teachers — 60: 60 — The GR of 08.03.2019 (para 17) keeps the "existing provisions"; the order fixing 60 is not yet found on an official website. Some teachers whose appointment allowed 62 may keep it. · Check here: Higher & Technical Education Department, Maharashtra
  • Pension (Old Pension Scheme) — 50%, minimum ₹7,500: 50% · min ₹7,500 — The 50% basis is in the Maharashtra General Conditions of Services Rules (r.9(38A)); the ₹7,500 minimum for OPS pensioners is not yet confirmed from an official order. · Check here: Maharashtra Finance Department
  • Commutation of pension — 40%, Schedule table, restoration after 15 years: 40% — 40% and restoration after 15 years are in the MCS (Commutation of Pension) Rules 1984, applied to aided colleges and universities (supplement 31.01.2024, para 3); the calculator still uses the Central commutation table — Maharashtra's own table is to be added. · Check here: MCS (Commutation of Pension) Rules 1984

How it works

You enter: Last basic pay, Average basic of last 10 months, Qualifying service — years, Qualifying service — months, Date of birth, Date of retirement, DR rate. The result updates as you type. It applies Dearness Relief (DR) on pension — 60% from 01.01.2026 — each checked against the official order (✅). It also uses Age of superannuation of teachers — 60; Pension (Old Pension Scheme) — 50%, minimum ₹7,500; Commutation of pension — 40%, Schedule table, restoration after 15 years — not yet confirmed from an official order for university teachers (⚠️), so check these with your university.

Frequently asked questions

How is pension calculated?50% of last basic pay or the 10-month average, whichever is higher, after 10 years of service; minimum ₹7,500.
How much can I get by commuting pension?Up to 40% of basic pension × 12 × the factor for your age next birthday, restored after 15 years. This calculator uses the Central table — Maharashtra's own table may differ slightly.
What is the family pension?30% of last basic pay (minimum ₹7,500); 50% for 10 years after death in service, or up to 7 years after retirement until age 67.
Which pension schemes apply?Old Pension Scheme, NPS, Maharashtra Revised NPS.
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.

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