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Update: Union Labour Ministry notifies amendment in EPF Scheme to allow withdrawal of non-refundable advance by EPF members in the event of outbreak of pandemic EPFO directs its field offices to process claims promptly Union Ministry of Labour and Employment has issued notification GSR 225(
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FAQ :
The EPF Scheme has been amended to permit EPF members to withdraw a non-refundable advance in the event of a pandemic like COVID-19.
Members can withdraw up to 75% of the amount standing to their credit in the EPF account or three months' basic wages and dearness allowance, whichever is less.
The amended EPF Scheme, known as the Employees Provident Fund (Amendment) Scheme, 2020, came into force on 28 March 2020.
Employees working in establishments and factories across India who are members of the EPF Scheme, 1952, are eligible as COVID-19 has been declared a pandemic.
The EPFO has directed its field offices to process claims promptly to ensure relief reaches EPF members and their families quickly.
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