---
type: "tool"
title: "Pension Calculator"
description: "Estimate your monthly pension under the old pension scheme or NPS, based on service years and contributions."
resource: "https://www.gstcalculators.in/pension-calculator.html"
language: "en"
bundle_generated: "2026-10-12"
---

# Pension Calculator

Estimate your monthly pension under the old pension scheme or NPS, based on service years and contributions.

- Canonical page: [Pension Calculator](https://www.gstcalculators.in/pension-calculator.html)
- Publisher: [Tool Master Hub / GSTCalculators.in](../site.md)
- Category: [Basic Financial Calculators](../categories/basic.md)

This is a discovery summary of the public page, not an independently reviewed replacement. Use the canonical page for current inputs, assumptions, formulas, source links and results. The bundle generation date does not mean that tax rules were reviewed on that date.

## Topics on the page



## Questions and answers from the visible page

### What is the difference between OPS and NPS?

OPS is a defined-benefit scheme paying a fixed proportion of last drawn salary, funded by the employer. NPS is defined-contribution and market-linked — the payout depends on your corpus and the annuity you buy.

### What is UPS?

The Unified Pension Scheme, available to eligible central government employees from April 2025, offering an assured payout as an alternative to NPS.

### Is pension income taxable?

Yes. Pension is taxed as salary income. Commuted pension may be partly exempt depending on the scheme.

## Accuracy and corrections

[Methodology](https://www.gstcalculators.in/methodology.html) · [Editorial policy](https://www.gstcalculators.in/editorial-policy.html) · [Disclaimer](https://www.gstcalculators.in/disclaimer.html) · [Report a problem](https://www.gstcalculators.in/contact.html).