EPFO's New PF Rules: Faster withdrawals & more
Synopsis EPFO Rule Changes Explained: The Centre has revamped EPF rules, promising faster claim settlements within three days for withdrawals and 20 days for pension
Synopsis EPFO Rule Changes Explained: The Centre has revamped EPF rules, promising faster claim settlements within three days for withdrawals and 20 days for pension and insurance.
Penalties for delays and a largely paperless system are introduced. Employees can now withdraw 75% of their PF balance upon job loss and access funds
for illness, education, and marriage with reduced service requirements. Full withdrawals are also permitted earlier, offering greater financial flexibility.