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EPF & ETF Calculator
Calculate employee 8% EPF deductions, employer 12% EPF, and 3% ETF contributions from basic salary and allowances, with net take-home pay and retirement benefit breakdown.
🔒 This tool runs entirely in your browser. Your files are never uploaded to a server.
Employee Take-Home Pay
Total Monthly Retirement Savings
Salary & Statutory Contributions Breakdown
| Component | Rate / Basis | Monthly Amount | Annualized (12 mo) |
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How it works
- Enter your Basic Salary and any permanent qualifying allowances (such as Cost of Living or fixed allowance).
- Add any non-qualifying variable earnings (like overtime or commissions) to calculate true take-home pay.
- Adjust the statutory rates if your employer provides above-statutory contributions.
- Review the complete deduction table, net take-home salary, and total monthly retirement fund accumulation.
The formula
Contributions are calculated against total qualifying earnings:
Qualifying Salary = Basic Salary + Fixed Eligible Allowances
Employee EPF = Qualifying Salary × 8%
Employer EPF = Qualifying Salary × 12%
Employer ETF = Qualifying Salary × 3%
Net Take-Home Pay = (Qualifying Salary + Other Earnings) − Employee EPF
Total Retirement Inflow = Employee EPF + Employer EPF + Employer ETF (23%)
Example: On a Basic Salary of Rs. 100,000 with Rs. 15,000 in allowances (Rs. 115,000 qualifying salary), the employee EPF is Rs. 9,200 (8%), employer EPF is Rs. 13,800 (12%), and employer ETF is Rs. 3,450 (3%), providing Rs. 26,450 (23%) in monthly fund additions.
FAQ
What is the standard statutory EPF and ETF contribution breakdown?
Under standard statutory frameworks (such as Sri Lanka EPF/ETF Act), the employee contributes a minimum of 8% of total qualifying earnings (deducted from gross salary), while the employer contributes 12% to the Employees' Provident Fund (EPF) and 3% to the Employees' Trust Fund (ETF), totaling 23% in retirement and social security savings.
Which earnings are included in the EPF/ETF qualifying salary?
Qualifying earnings typically include basic salary, cost of living allowances, fixed monthly allowances, and holiday pay. Non-qualifying earnings usually include variable overtime pay, travel reimbursements, and ad-hoc bonuses.
Are employer EPF and ETF contributions deducted from my salary?
No. Employer contributions (12% EPF and 3% ETF) are paid by the employer in addition to your gross salary as part of the total Cost to Company (CTC). Only the employee's 8% EPF contribution is deducted from your monthly gross pay.
Can employers contribute at a higher rate than the minimum?
Yes. Employers may choose to contribute higher percentages (such as 15% or 20%) to provident funds as an employee benefit. You can adjust the percentage rate fields in the calculator to match your specific employment contract.
How we compare
| Feature | Online Tool Store | Manual Excel sheet | Payroll portals |
|---|---|---|---|
| No sign-up or spreadsheet setup | ✓ | ✗ | ✗ |
| Adjustable rates + allowance split | ✓ | ✓ | Partial |
| One-click CSV export | ✓ | ✗ | ✓ |
Check your payslip deductions and employer statutory compliance instantly with complete privacy.