I have prepared the latest and updated Pension Calculator 2025 Punjab employees/pensioners. This new pension calculation sheet is effective from 2nd December 2024. This revised calculator has the latest and new features.
Updated / Revised Pension Calculator 2025 Punjab
A newly updated pension calculator has been prepared to keep in view the new and amended pension rules 2024 Punjab. The Punjab Government has introduced the revised pension rules 2024-25 and I have updated the pension calculator Punjab with the new features. The employees/pensioners will have to just enter the following values in the pension calculation sheet.
| Total Length of Service |
| Reduction Factor |
| Average Basic Pay (Last 3 years) |
| Age Rate |
Total Length of Service at the Time of Retirement
You must enter the total length of service at the time of retirement. If you have full years and some months of service, then if the number of months is 6 months or more then we will take a full year instead of 6 months. If less than 6 months, then we shall ignore the months or days.
Reduction Factor
The Punjab Government has introduced the reduction factor for the employees taking early retirement. Their pension/gratuity will decrease if they get early retirement before the age of 60 years. This is called the Reduction Factor. The rates of reduction factors are as follows:
Reduction Factor Rates /Values |
|
| 59 Years | 2 |
| 58 Years | 4 |
| 57 Years | 6 |
| 56 Years | 8 |
| 55 Years | 10 |
Average Basic Pay (Last Three Years)
Average Basic Pay will be taken for the last 36 months starting from 1st July of that year as per the Notification of Average Basic Pay Punjab Govt.
Age Rate
I have prepared the age rate table that the Government published in pension rules. The age rate depends on the no of years retirement. If the employee retires at 60 years of age then we shall use the age rate as 12.3719. For other ages retirement the value of age rate is different.
Out Put / Results /Calculations
After filling the above four cells of Basic Pay, Age Rate, Reduction Factor, and Total length of service then we find the following values:
| Gross Pension |
| 75% Pension |
| 25% (For Commute) |
| Net Pension If BPS-01 to BPS-15 |
| Net Pension If BPS-16 to BPS-22 |
| Commute / Gratuity |
This Pension/gratuity calculation sheet or Pension Calculator is based on the latest Notifications issued by the Punja Government in January 2025. If the Government of the Punjab issues further clarification, I shall update the same calculator.
I have already prepared a detailed comparison of pension and Commute Punjab with new pension rules and old pension rules. You can see that there is a huge difference in pension and commute before and after the introduction of new pension rules/ reforms.
Download Pension Calculator 2024-2025 Punjab
You can download the pension Calculator as follows:
Download Revised Pension Calculator Punjab 2025