🌅 Retirement income
State Life pension plan calculator
Two very different State Life pensions: the Family Pension Plan you can price live below, and the Personal Pension Scheme — a lifetime income from one contribution — that we illustrate for your exact age.
Family Pension Plan (Table-12)
What Rs 1,000,000 of sum assured illustrates to
A modified Three Payment Plan: 25% + 25% of the sum assured paid to you during the term, the balance plus bonuses at maturity, and a ten-year family income on death. Bonuses at State Life's Anticipated Endowment rates (2025 declaration); no terminal bonus in this category.
Family Pension Plan, 18 years
25% at year 6, 25% at year 12, balance at 18
- 50% of sum assured at maturity
- Rs 500,000
- Paid to you during the term
- Rs 500,000
- + Bonuses, 18 yrs at declared rates
- Rs 1,088,000
Est. total benefit
Rs 2,088,000
Family Pension Plan, 21 years
25% at year 7, 25% at year 14, balance at 21
- 50% of sum assured at maturity
- Rs 500,000
- Paid to you during the term
- Rs 500,000
- + Bonuses, 21 yrs at declared rates
- Rs 1,790,000
Est. total benefit
Rs 2,790,000
Illustrations at State Life's declared rates (valuation 2025-12-31); bonuses are not guaranteed.
Your exact number
Family Pension Plan premium, live from State Life
Preset to the Family Pension Plan (Table-12). Enter your age, choose 18 or 21 years and the sum assured; the premium appears for each payment mode.
Your estimate appears here
Every figure comes straight from State Life's official premium calculator — we don't make numbers up. Your final premium is confirmed on the policy illustration after underwriting.
Good to know
- • The consultation and our advice are free — you pay only your plan premium.
- • With-profit plans add State Life bonuses on top of the sum assured.
- • We handle the paperwork and stay with you to claims and maturity.
Personal Pension Scheme (Table-71)
A lifetime pension from one contribution
You contribute once (minimum fifty thousand). After a six-year minimum term the pension begins: guaranteed for 25 years, then payable for as long as you live. Die within the first six years and a lump sum goes to your nominees.
The pension amount is fixed by State Life's annuity rates for your age at commencement, which is why it is quoted by illustration rather than a public calculator — there is no honest online number.
What we need to quote it
- • Your date of birth
- • The one-time contribution you have in mind
- • When you would like the pension to start (six years or more from now)
- • Whether you want the Accidental Death or Term Insurance rider
We reply with State Life's illustration, usually within one business day.
Pension questions
Retirement income from State Life, answered
Does State Life have a pension calculator?
State Life's official calculator quotes the Family Pension Plan (Table-12), which is a savings plan with two cash-outs and a family income on death — it is preset below. The Personal Pension Scheme (Table-71), which pays you a lifetime pension from a single contribution, depends on annuity rates for your age and is quoted by illustration, not online.
How much pension will I get from the Personal Pension Scheme?
It is set by your one-time contribution (minimum fifty thousand), your age when the pension begins after the six-year minimum term, and State Life's annuity rates at that time. The pension is guaranteed for 25 years and then continues for life. Send us your age and contribution and we return State Life's figure.
What does the Family Pension Plan pay?
You may withdraw 25% of the sum assured at one-third and two-thirds of the 18- or 21-year term; at maturity the balance plus bonuses is paid. If you die, your family receives the full sum assured plus bonuses and a guaranteed ten-year income. On Rs 1,000,000 of sum assured the 21-year version illustrates to roughly Rs 2,790,000 in total benefits at the 2025 rates.
Which is better for retirement — a pension plan or an endowment?
An endowment gives a lump sum at a date you choose; a pension converts capital into income you cannot outlive. Many clients do both: an endowment maturing at retirement, then the Personal Pension Scheme to turn part of it into income. We model both in a consultation.
Do State Life pensions increase?
State Life's annual bonus declaration includes a rate applied to pension payments in force; the latest declaration increases pensions from the policy anniversary in the following year. The increase is declared yearly and not guaranteed in advance.
Free
Consultation, always — advice costs you nothing
1 day
Maximum response time, Monday to Saturday
AAA
State Life's financial rating — Pakistan's only AAA-rated insurer
1972
State Life serving Pakistan since — state-owned and guaranteed
Free consultation
Plan your retirement income
Tell us your age, when you want to retire and what you can set aside — we model the endowment-plus-pension combination that fits and send State Life's illustrations.
Sidq Advisorsis an independent advisory practice, not State Life's official website. Figures are illustrations per State Life's calculator and declared bonus rates; final terms per State Life's policy documents.