OPS Calculator (Old Pension Scheme)

For Govt. employees who joined before 1st Jan 2004.

Disclaimer: This is an unofficial estimator. For official calculations, please consult your department's administrative office or official documents.

Your Estimated Retirement Benefits

Qualifying Service

- Years

Basic Monthly Pension

₹ -

Gratuity (Lump Sum)

₹ -

Commuted Pension (Lump Sum)

₹ -

Reduced Monthly Pension (for 15 yrs)

₹ -

Total Lump Sum at Retirement

₹ -

How It Works: The Old Pension Scheme Calculation

The pension for Central Government employees under the Old Pension Scheme (OPS) is calculated based on a few key factors:

Basic Pension: It is calculated as 50% of the last drawn basic pay. Full pension is granted if the employee has completed at least 20 years of qualifying service.
Qualifying Service (QS): This is the total period of service. A minimum of 10 years is required to be eligible for pension.
Gratuity: This is a lump sum benefit, capped at ₹20 Lakhs. It is calculated as: (Last Basic Pay + DA) × ¼ × Number of six-monthly periods of QS.
Commutation: An employee can choose to receive a lump sum by selling a portion (up to 40%) of their pension. After commutation, the monthly pension is reduced for a period of 15 years.

A Surprising Story: A Teacher's Secure Future

"My mother was a government school teacher for over 30 years. She dedicated her life to shaping young minds. When she retired, we were anxious about her financial independence. But the Old Pension Scheme was her pillar of support. She used her gratuity to renovate our home and her commuted pension for a pilgrimage she had always dreamed of. The monthly pension she receives allows her to live a life of dignity, without any financial worries. It's not just a payment; it's the nation's gratitude for her lifetime of service."

Frequently Asked Questions (FAQ)

Who is eligible for the Old Pension Scheme (OPS)?

Generally, Central Government employees (including Railways, Defence civilians, etc.) and many State Government employees who joined service on or before 31st December 2003 are covered under OPS.

What if my qualifying service is less than 10 years?

If the service is less than 10 years, you are not eligible for a monthly pension. Instead, you will receive a one-time "Service Gratuity." This calculator does not compute that.

What is the commutation factor?

It's a value based on the employee's age on their next birthday after retirement. For a person retiring at 60, the age next birthday is 61, and the commutation factor is 8.194. This calculator uses this standard factor for calculation.

Is the reduced pension permanent after commutation?

The reduction in monthly pension is for a period of 15 years from the date of commutation. After 15 years, the full pension (before commutation) is automatically restored.