How to withdraw 75% of your EPF money if you remain unemployed for a month
The composite form that you need to fill for EPFwithdrawals, including any advance, will undergo a change to include partial withdrawal on account of unemployment
Salaried individuals, who contribute to the Employees’ Provident Fund (EPF), will soon be able to withdraw up to 75% of their EPF money in case they are out of a job for at least a month. The central board of trustees of Employees’s Provident Fund Organisation (EPFO) that met last week decided that employees who have been unemployed for a month will be allowed to withdraw 75% of their EPF corpus. This is the cumulative corpus comprising your contributions, your employer’s contributions and the interest accrued.