WeVividWeVividProject EPF balance at retirement from salary and years of service.
Assumes 12% employee contribution and a simplified 3.67% employer EPF share (the rest goes to EPS). Actual amounts may vary.
You contribute 12% of basic + DA every month, and your employer contributes a matching amount — of which roughly 3.67% typically goes into the EPF account itself (the rest funds the Employee Pension Scheme). This tool projects both streams growing at the EPF interest rate until retirement.
No — it assumes your basic salary stays constant for simplicity. In reality, your contributions typically rise each year with increments, so your actual balance is likely to be higher than this estimate.