NPS Corpus & Pension Projection Calculator for Punjab 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Your NPS corpus at retirement depends on contributions and market returns; 60% can be withdrawn tax-free and 40% buys an annuity.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; Punjab'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 not yet verified
📄 Rule basis
- CCS (Implementation of NPS) Rules 2021, G.S.R. 227(E) (31.03.2021) — cpao.nic.in
🔎 Source
⚠️ Not yet verified from an official order — confirm with your university before relying on it
- Dearness Allowance (DA) — latest Punjab order: not filled in — The notification (para 10) pays the allowances of Punjab Government employees at the rates the Punjab Government notifies; no Punjab DA order for teachers on the UGC 7th CPC levels could be opened — enter the rate on your pay slip. · Check here: Punjab Finance Department
- NPS — 10% employee + 14% employer: 10% + 14% — NPS for those appointed from 01.01.2004; 10% + 14% is used — Punjab's State share and its 2022 decision on the Old Pension Scheme are not yet confirmed for college teachers. · Check here: Punjab Finance Department
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 also uses Dearness Allowance (DA) — latest Punjab order; NPS — 10% employee + 14% employer — not yet confirmed from an official order for university teachers (⚠️), so check these with your university.
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.