- The scheme revises partial withdrawal rules, making them simpler and more organised for EPF members.
- Partial withdrawals are now grouped into three broad categories instead of many separate categories.
- EPF members must keep at least 25% of their eligible EPF balance in the account while making partial withdrawals.
- Withdrawals can be made for important needs such as illness, education, marriage, housing, and special circumstances.
- The scheme also introduces improved member services such as UPI-based PF withdrawal and WhatsApp-based EPFO services.
- The main aim is to make EPF services faster, simpler, more digital, and more user-friendly for employees.
Question:
Q1.Under the EPF Scheme, 2026, members must retain at least what percentage of their eligible EPF balance before making a partial withdrawal?a)10%
b) 20%
c) 25%
d) 50%
Answer: c) Members must maintain a minimum balance of 25% of their eligible EPF balance before partial withdrawal
