Many EPFO subscribers are wondering if the government has changed rules pertaining to withdrawals under the Employees' Provident Fund (EPF) after the central government announced the EPF 2026 Scheme last week.
The Employees' Provident Funds Scheme, 2026, follows the Code on Social Security, 2020.
Employees contributing to the Employees' Provident Fund (EPF) can withdraw part of their savings before retirement for specific purposes. Whether it's meeting medical expenses, paying for higher education, funding a wedding, buying or building a house, or dealing with an emergency, the EPF scheme allows advance withdrawals under prescribed conditions.
The Employees' Provident Fund Organisation (EPFO) through a social media post on X (formerly Twitter) has issued a simple guide explaining how often members can claim EPF advances for different needs.