SaralnamaEmployees can now withdraw 75% of their PF account balance the day after losing their job. The Employees' Provident Fund Organisation (EPFO) announced this change. Previously, workers had to wait two months. Those unemployed for 12 months can withdraw 100% of their PF. Labour Minister Mansukh Mandaviya clarified that the 12-month unemployment condition is not mandatory for partial withdrawal. EPFO has simplified withdrawal rules, reducing 13 complex regulations to three categories. Members can now make multiple withdrawals for education and marriage. The minimum service period for withdrawals has been reduced to 12 months. EPFO aims to automate the withdrawal process, eliminating document submission requirements. (Updated 17 Oct 2025, 19:24 IST; source: link)
Key Points
- Employees can now withdraw 75% of their PF account balance the day after losing their job
- The Employees' Provident Fund Organisation (EPFO) announced this change on 13 Oct
- Previously, workers had to wait two months