Retire now or at 60
Voluntary Retirement Calculator 2026
- Federal and four provinces
- Retire now vs at 60
- Break-even age
Reviewed by Khyrat Hussain
Quick answer
- Federal and Balochistan: voluntary retirement after 25 years' qualifying service; pension reduced 3% per year left to 60, maximum 20%.
- Punjab: age 55 and 25 years' service; reduction by age, 10% at 55 down to 2% at 59.
- Sindh: 25 years' service, no reduction.
- KPK: 25 years' service or age 55, whichever is later; no reduction.
Choose your government
Choose your government, enter your details, and the comparison appears below the form.
Voluntary retirement rules by province
The voluntary-retirement rules each pension calculator applies.
| Government | Who can retire voluntarily | Pension reduction | Source |
|---|---|---|---|
| FederalFull Federal pension calculator → | 25 years' qualifying service | 3% of gross pension per year to age 60 (counted in completed months), maximum 20%. Applied before commutation; not restored at age 60. | Finance Division O.M. No. F.9(3)R-6/2024-264 dated 10 September 2024; clarification of 3 January 2025 |
| BalochistanFull Balochistan pension calculator → | 25 years' qualifying service (same as Federal) | Same as Federal: 3% of gross pension per year to age 60 (counted in completed months), maximum 20%. Applied before commutation; not restored at age 60. | Finance Department Notification dated 6 January 2025, adopting the Federal policy |
| PunjabFull Punjab pension calculator → | Age 55 or older and 25 years' qualifying service | Net pension (75% of gross) is reduced by age at retirement: age 55: 10%, age 56: 8%, age 57: 6%, age 58: 4%, age 59: 2%. | Punjab Finance Department notification / clarification (02-Dec-2024 amendment) |
| SindhFull Sindh pension calculator → | 25 years' qualifying service | No reduction. | — |
| KPKFull KPK pension calculator → | 25 years' qualifying service or age 55, whichever is later | No reduction; pension uses the same formula as superannuation. | Rule 5(1)(a), Khyber Pakhtunkhwa Civil Servants Pension Rules, 2021 |
How the comparison works
- Your voluntary-retirement figures are calculated exactly from what you enter, with the same rules as that government's full pension calculator.
- The figures at 60 are an estimate. Pay is projected on the BPS 2026 scale with one increment every 1 December; after the scale maximum, increments continue as personal pay, except in Sindh, where pay stops at the maximum.
- Total money received over the years adds the salary you would earn until 60 (plus any other monthly allowances you enter), the gratuity and the monthly pension, up to ages 60, 70 and 80.
- The break-even age is when staying until 60 catches up with retiring now in total money received.
Estimates only. Assumes no future pay revisions or pension increases, and does not include income tax, GP Fund, leave encashment or inflation. Rules or scales may change.
Frequently Asked Questions About Voluntary Retirement
Is voluntary retirement pension reduced?
Yes in Federal, Balochistan and Punjab; no in Sindh and KPK. Federal and Balochistan reduce gross pension by 3% for each year to age 60, counted in completed months, up to 20%, and the reduction is not restored at 60. Punjab reduces net pension by age, from 10% at 55 to 2% at 59.
When does staying until 60 pay more?
When the salary you would earn until 60 and the higher pension at 60 add up to more than the gratuity and pension you would receive by retiring now. This calculator shows the break-even age, after which staying until 60 gives more in total.
Why can retiring early sometimes give more?
Because counted service is capped at 30 years and the age factor used for the gratuity is lower at 60. If your service already counts in full, staying longer does not add to it, so when the pension at 60 is not much higher, the earlier gratuity and extra years of pension can give more in total.
Are the age-60 figures exact?
No. They are an estimate: pay at 60 is projected on the BPS 2026 scale, and the estimate assumes no future pay revisions or pension increases. The figures for your voluntary date are calculated exactly from what you enter.
Is my data saved?
No. The calculators run in your browser and nothing you enter is stored. The comparison PDF is also created on your device.