NPS
NPS Calculator
Project an NPS-style corpus from monthly contributions, then split it into a lump sum and a simple level annuity at rates you assume.
Two-stage model
During working years the contribution compounds like a SIP. At exit, the annuity percentage of the corpus is assumed to buy a level annuity; the rest is the lump sum.
NPS estimate
Corpus = SIP FV; Pension ≈ (Corpus × annuity %) × annuity rate
The lump sum is the leftover corpus after the annuity purchase. Annuity rates are assumptions, not insurer quotes.
Frequently asked questions
Is 40% the required annuity purchase?
PFRDA exit rules can require a minimum annuity percentage that depends on corpus size and other conditions. This field is editable so you can try scenarios; it is not legal advice.
Is the pension guaranteed?
No. Accumulation return and annuity rate are assumptions. Insurer quotes, GST on annuity and tax treatment will differ.
Does this include employer NPS?
Enter the total monthly contribution you want to model. Employer vs employee split is not shown separately.
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SmartCalculators provides educational calculators and estimates. Results are for informational purposes only and should not be considered financial, tax, investment, legal or professional advice.