EPF, ETF & Gratuity Calculator
Enter your gross salary and years of service to project your EPF balance, ETF balance and gratuity, and your total retirement benefit.
How EPF, ETF and gratuity work
Under Sri Lanka's Employees' Provident Fund Act, No. 15 of 1958, both you and your employer contribute to EPF every month. The minimum contribution is 8% from the employee and 12% from the employer, both on gross salary. The Employees' Trust Fund (ETF) adds a further 3% from the employer. All contributions earn a dividend declared annually by the EPF board. This calculator projects the future value of those contributions using a compound interest (annuity) formula. Gratuity is estimated under the Payment of Gratuity Act, No. 12 of 1983 at roughly half a month's salary per year of completed service, the standard approximation for the statutory minimum for qualifying employees.
Good to know
The EPF dividend rate is declared each year by the Monetary Board and varies. This projection uses a fixed rate throughout, so actual returns will differ. Gratuity eligibility and the exact calculation may also vary by employer and service contract. Treat all figures as estimates for long-term planning only.