{"id":197625,"date":"2018-06-28T17:36:19","date_gmt":"2018-06-28T12:06:19","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=197625"},"modified":"2018-06-28T17:36:19","modified_gmt":"2018-06-28T12:06:19","slug":"75-of-pf-can-be-withdrawn-one-month-after-quitting-job","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2018\/06\/28\/75-of-pf-can-be-withdrawn-one-month-after-quitting-job\/","title":{"rendered":"75% of PF can be withdrawn one month after quitting job"},"content":{"rendered":"<p style=\"text-align: justify;\">The subscribers of Employees Provident Fund Organisation (EPFO) who resign from their service can now withdraw 75% of their total provident fund after one month from the date of cessation of service to meet their monthly financial commitments. Members will continue to have the choice of withdrawing the entire amount, if they want to close the account, after two months. A decision to this effect was taken at the 222nd Central Board of Trustees (CBT) meeting of EPFO on 27th June.<\/p>\n<p style=\"text-align: justify;\">Moreover, the subscriber may not withdraw the remaining amount, thus ensuring he continues to get social security on the existing account. Currently, the EPF Scheme 1952 allows final withdrawal after two months from the date of cessation of employment of the member, as a result of which many members end up withdrawing the entire amount. This leads to closure of the account and no social security cover for the subscribers. With this new provision, members will now have an option to retain their account with the EPFO, which one can use after finding another job. CBT has also decided to extend the term of SBI Mutual Fund and UTI Mutual Fund, the two fund managers for EPFO investment in exchange-traded funds (ETFs), by one year to July 2019. Their term was due to end on June 30, 2018.<\/p>\n<p style=\"text-align: justify;\">CBT, the highest decision-making body of EPFO, comprises equal number of representatives of employees, employers and state government representatives. It is chaired by the labour minister.<\/p>\n<p style=\"text-align: justify;\">[Source: Economic Times]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The subscribers of Employees Provident Fund Organisation (EPFO) who resign from their service can now withdraw 75% of their total provident fund <\/p>\n","protected":false},"author":91,"featured_media":83591,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1188,2],"tags":[30711,30242],"class_list":["post-197625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot_off_the_press","category-news","tag-epf","tag-withdrawal"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>75% of PF can be withdrawn one month after quitting job | SCC 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The notification permits withdrawal of upto the amount of basic wages and dearness allowance for three\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":363854,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/10\/15\/epfo-announced-100-percent-early-pf-withdrawal-reforms-238-cbt-meeting-update\/","url_meta":{"origin":197625,"position":1},"title":"Highlights from the 238th CBT Meeting: EPFO Eases Norms, Allows 100% Early PF Withdrawal, Launches Vishwas Scheme, Digital Life Certificate and Much More","author":"Shubhi","date":"October 15, 2025","format":false,"excerpt":"During CBT\u2019s 238th meeting, EPFO\u2019s CBT announced key reforms including 100% early PF withdrawal, Vishwas Scheme for penalty relief, doorstep Digital Life Certificates, and EPFO 3.0 digital upgrade.","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"Early PF Withdrawal","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/10\/Early-PF-Withdrawal.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/10\/Early-PF-Withdrawal.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/10\/Early-PF-Withdrawal.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/10\/Early-PF-Withdrawal.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":114521,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/17\/government-to-amend-epf-scheme-1952-to-enable-epf-members-to-withdraw-up-to-90-percent-fund-for-purchase-of-house\/","url_meta":{"origin":197625,"position":2},"title":"Government to amend EPF Scheme, 1952 to enable EPF members to withdraw up to 90 percent fund for purchase of house","author":"Saba","date":"March 17, 2017","format":false,"excerpt":"The Government has taken a decision for modification in the Employees\u2019 Provident Funds (EPF) Scheme, 1952 to add a new paragraph 68 BD under which a member of Employees\u2019 Provident Fund (EPF), being a member of a co-operative society or a housing society having at least 10 members of EPF,\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":28271,"url":"https:\/\/www.scconline.com\/blog\/post\/2015\/12\/04\/employers-attestation-no-longer-necessary-to-withdraw-epf-amount\/","url_meta":{"origin":197625,"position":3},"title":"Employers\u2019 Attestation no longer necessary to withdraw EPF Amount","author":"Sucheta","date":"December 4, 2015","format":false,"excerpt":"Employees\u2019 Provident Fund Organisation (EPFO) has launched new forms i.e. Form-19 (UAN), Form-10-C (UAN), and Form-31 (UAN) to provide benefit to large number of employees who can now withdraw their EPF amount without employers\u2019 attestation. Earlier, after leaving employment, employees were supposed to get their forms for withdrawal of EPF\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":254305,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/09\/17\/epfo-issues-aadhar-seeding-of-uan-of-epf-members-for-receipt-of-contributions-through-electronic-challan-cum-return-to-facilitate-withdrawals-benefits\/","url_meta":{"origin":197625,"position":4},"title":"EPFO issues Aadhar seeding of UAN of EPF members for receipt of contributions through Electronic Challan cum Return to facilitate withdrawals\/benefits","author":"Bhumika Indulia","date":"September 17, 2021","format":false,"excerpt":"On September 11, 2021, the Employees Provident Fund Organisation (EPFO) has issued Aadhar seeding of Universal Account Number (UAN) of EPF members for receipt of contributions through Electronic Challan cum Return (ECR) to facilitates withdrawals\/benefits. \u00a0 Key points: Considering the low Aadhar penetration in the EPFO\u2019s administration Zone of North\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/09\/EFPO1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/09\/EFPO1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/09\/EFPO1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/09\/EFPO1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/09\/EFPO1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":227417,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/03\/21\/epfo-advises-beneficiaries-to-avail-online-services-to-contain-spreading-of-covid-19\/","url_meta":{"origin":197625,"position":5},"title":"EPFO advises Beneficiaries to avail Online Services to contain spreading of COVID-19","author":"Bhumika Indulia","date":"March 21, 2020","format":false,"excerpt":"In view of Government of India guidelines to contain spreading of COVID-19, Employees\u2019 Provident Fund Organization (EPFO) advises it members, pensioners and employers to avail various online services offered by EPFO, from the comfort of their homes, and to avoid visiting EPFO offices. 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