The retirement age for an Employees' Provident Fund (EPF) account holder is 58 years. Still, a lot of folks choose to retire before they hit 55 after completing after serving for at least 10 years. Some stick around until they are 58 before retiring. But often, many EPF subscribers forget to withdraw or transfer their funds, resulting in the EPF account becoming inoperative.
In a social media post on X (formerly Twitter), the Employees' Provident Fund Organisation (EPFO), highlighted why employees should avoid having an inoperative account and how it could result in losing out on interest.
