How much will you get from EPS when you leave your job

When you leave your job before 10 years of service than you are eligible to withdraw your contribution towards EPS along with EPF balance. Many people choose to withdraw this amount when they change their job. This post is to explain how much amount you will be get when you withdraw before 10 years of service. If you wish not to withdraw, you can get it carried forward while switching jobs.

If you are working, but hasn't completed 10 years, than you are not eligible for withdrawal. You can apply only after you have quit your job, i.e. before joining another company. This can be done by submitting the Form 10C, which can be downloaded here.

If you have worked for less than six months, the EPS contributions cannot be withdrawn as the EPFO rules say that for those who have not yet completed 180 days in the organisation, the withdrawal benefit is not admissible.


You may be getting Rs. 60,000 per month but contribution towards EPS may be restricted to Rs. 1250 only, which is 8.33% of Rs.15,000. In this case your salary will be considered Rs. 15,000 only. This is case will maximum private employees. The employee won't get the entire contribution (Rs 541/Rs 1,250 a month) back after applying through Form 10C. The amount received will be subject to Table D as below.

Table D: Return of contribution on exit from the employment
Year of service	Proportion of wages at exit
1	1.02
2	1.99
3	2.98
4	3.99
5	5.02
6	6.07
7	7.13
8	8.22
9	9.33

How It Works

Important point to note here is that 10 years is your eligible service and not your actual service. To determine the eligible service, the fraction of service for six months or more shall be treated as one year and the service less than six months shall be ignored. So, if you have worked for 9 yrs and 9 months than it will be counted as 10 years and you won't be eligible for withdrawal. So, effectively if your service is less than 9 yrs and 6 months than only you will be eligible for withdrawal. Let's understand this with an example -

If the salary at the time of EPS withdrawal after 8 yrs and 5 months , by filing form 10C, is Rs 15,000, then the EPS money one receives is Rs 1,23,300 (Rs 15,000 * 8.22).

If the salary at the time of EPS withdrawal after 8 yrs and 6 months , by filing form 10C, is Rs 15,000, then the EPS money one receives is Rs 1,39,950 (Rs 15,000 * 9.33).

If you have contributed towards EPS for more than 10 years than you cannot withdraw EPS amount. In this case you are eligible for pension for which you can refer this link - "How much Pension will you get on your Retirement from EPS".