In a major relief for employees, the Employees’ Provident Fund Organisation (EPFO) has announced that members can now withdraw up to 100% of their Provident Fund (PF) balance. The move is part of reforms approved by the Central Board of Trustees (CBT) aimed at giving employees more financial flexibility.
100% PF Withdrawal Now Allowed
Previously, full PF withdrawals were limited to retirement or unemployment cases. Now, employees can withdraw their entire PF balance, including both employee and employer contributions, subject to certain rules. This change is expected to benefit over 70 million EPFO subscribers across India.
Simplified Withdrawal Categories
EPFO has reduced 13 complex withdrawal categories to three main types:
- Essential Needs – For illness, education, and marriage
- Housing Needs – For buying or constructing a house
- Special Circumstances – Including unemployment, natural disasters, or emergencies
Under the new rules, members can withdraw more easily, and some cases no longer require detailed documentation.
Higher Limits and Easier Rules
- Education-related withdrawals can now be made up to 10 times.
- Marriage withdrawals can be made up to 5 times.
- The minimum service requirement for partial withdrawals is now 12 months.
- Members must keep at least 25% of the PF balance in their account to continue earning interest.
Additional Benefits
- Introduction of the Vishwas Scheme to reduce litigation and simplify compliance.
- Digital life certificate services for pensioners, including doorstep submission.
- Streamlined processes for faster approvals and withdrawals.
What This Means for Employees
These reforms make it easier for employees to access their PF savings when needed while ensuring long-term retirement security. The digital services will also help members manage their accounts more efficiently.
Employees can now visit the official EPFO website or contact their nearest EPFO office to apply for withdrawals or check their eligibility.
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