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Employees provident fund organisation brings in cheer for its members

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Employees provident fund organisation brings in cheer for its members

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EPFO members can now withdraw 75% of their funds after one month of unemployment.

Employees Provident Fund Organisation(EPFO) members can now withdraw 75% of their funds after one month of unemployment.
Members will have the option to withdraw remaining 25% funds & settle the account after two month of unemployment.
This comes under the new provision in the employee provident fund scheme 1952.
Currently, a subscriber can with withdraw funds & settle the account after two months of unemployment.
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