This pension calculator helps government employees estimate retirement pension, gross pension, net pension, and pension increases instantly.
The calculator automatically calculates:
This Pension Calculator is designed for government employees in Pakistan to estimate their retirement benefits accurately. It calculates gross pension, net pension, commutation, and annual pension increases based on official formulas.
Formula:
Gross Pension = Basic Pay × 63%
After calculating gross pension, a portion is commuted (usually 35%), and the remaining amount becomes net pension.
Commutation allows retirees to receive a lump sum amount by surrendering a percentage of their pension. This amount is deducted from monthly pension.
Retired employees receive medical allowance, typically 25% of net pension, along with additional increases.
It calculates exact age based on your selected date of birth.
Yes, total days lived are displayed automatically.
Yes, next birthday countdown is shown instantly.