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Project your National Pension System corpus, lumpsum withdrawal, and monthly pension at retirement based on your contributions.
NPS rules: at retirement, 60% is tax-free lumpsum; min 40% must purchase an annuity.
NPS grows like a SIP until retirement. At retirement, at least 40% must be used to buy an annuity that pays monthly pension; up to 60% can be withdrawn tax-free.
Monthly contributions grow at the chosen asset allocation's blended return rate (Equity/Corp/Govt mix).
FV = M × ((1+r)^n − 1) ÷ r × (1+r)
At age 60: up to 60% can be withdrawn tax-free. Minimum 40% goes to annuity purchase.
lumpsum = FV × 0.60 annuity_corpus = FV × 0.40
Annuity provider pays monthly pension based on the annuity rate.
pension = annuity_corpus × rate ÷ 12Corpus = M × ((1+r)^n − 1) ÷ r × (1+r); Pension = (corpus × annuityPct) × annuityRate ÷ 12NPS Tier I has a 60% tax-free withdrawal cap and minimum 40% annuity purchase rule.Pension Fund Regulatory and Development Authority — NPS regulator.
Official trustee body managing NPS subscriber accounts.
Official subscriber portal for NPS contributions and updates.
Central Recordkeeping Agencies for NPS account management.
Tax deduction rules including extra ₹50K under 80CCD(1B).
Employer NPS contribution via payroll under 80CCD(2).
Superworks helps you offer NPS as an employee benefit — auto-deducted from salary, 80CCD(2) tax-deductible for the employer, fully compliant.
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