Government of the Punjab · Finance Department
Pension Calcuator
Estimate basic pension, commutation and net monthly pension for Punjab government service.
Formula · Gross Pension = (Average Emoluments × Qualifying Service × 7) ÷ 300
Basic pay & scale
Used as “average emoluments” in the pension formula.
Service dates
Qualifying service is capped at 30 years for pension purposes.
Commutation
Punjab Notification FD.SR-III-4-244/2023(B) dated 02-12-2024 cut the commutable share from the earlier rate to 25%, effective immediately. If your retirement was finalised before that date, select 35%.
Medical allowance
Medical-I — 25% of pension drawn (BPS 1–15) or 20% (BPS 16–22), w.e.f. 01-07-2010.
Calculated on net pension (after commutation). Minimum Rs 1,500/month applies.
Notified pension increases
Sourced from Punjab Finance Department notifications, applied cumulatively on net pension. The notification matching your retirement year is auto-activated; the rest are shown greyed out with the reason, since they belong to other years.
Only years with a confirmed notified figure are listed. See the notification log below for full source detail.
Estimated sanction
Net monthly pension
Rs 0
Qualifying service0 yrs
Gross monthly pensionRs 0
Commuted amountRs 0
Lump sum on commutationRs 0
Notified increases applied0%
Pension after increasesRs 0
Medical allowanceRs 0
Total monthly payoutRs 0
Gross pension estimate falls below the commonly applied minimum pension floor — actual sanction will use the floor amount.
How this is estimated: gross pension uses the standard civil-service formula, average emoluments × qualifying service years × 7 ÷ 300, with service capped at 30 years. Commutation lump sum uses an approximate age-based commutation factor. Punjab pension rules were revised in late 2025, and pensioner relief/increase percentages change with each provincial budget. Treat every figure here as a planning estimate — confirm your actual entitlement with your Accountant General Punjab office or department pension cell before relying on it.
Notification log — Punjab pension, confirmed sources
| Date | Notification / event | Effect |
|---|---|---|
| 15-07-2010 | Grant of Medical Allowance to Civil Pensioners | Introduced Medical-I at 25% of pension drawn (BPS 1–15) or 20% (BPS 16–22), w.e.f. 01-07-2010 |
| 23-07-2015 | Notification FD-SR-III-4-259/2015(A)/(B) | Medical-II — further 25% increase on running medical allowance, w.e.f. 01-07-2015 |
| 22-04-2013 | Commutation of Pension notification | Set commutation rules for employees retiring on/after 01-04-2013 |
| 01-07-2023 | Punjab Finance Dept — pension increase | +5% for pensioners under 80; +20% for pensioners 80 and above |
| 02-12-2024 | Notification FD.SR-III-4-244/2023(B) | Gross pension formula fixed as average basic pay × service (max 30 yrs) × 7/300. Commutation ceiling cut from the earlier rate to 25%. Annual pension increase set at 50% of that year’s ad-hoc relief allowance. |
| Jul 2025 | Budget 2025-26 | Salary +10% (BPS 1-22), pension +5% |
| Jul 2026 | Budget 2026-27 | Salary +7% (BPS 1-22), pension +3.5% |
DisclaimerThe Punjab Pension Calculator and the information provided in this Article/ Calculator are intended for educational and informational purposes only. While every effort has been made to ensure accuracy, the calculated pension amounts are estimates and should not be considered official or legally binding.Actual pension benefits may vary depending on the latest Punjab Government notifications, applicable pension rules, qualifying service, pay revisions, commutation, allowances, and decisions of the relevant government authorities.Finzaro360 is not affiliated with or endorsed by the Government of Punjab, the Finance Department, the Accountant General Punjab, or any other government organization.Before making any financial or retirement-related decisions, please verify your pension details with the relevant government department or consult the applicable official rules and notifications.By using this calculator or relying on the information provided in this video, you acknowledge that Finzaro360 shall not be held responsible for any errors, omissions, or decisions made based on the calculated results.
