EPF Scheme 2026: Now it will be mandatory to keep 25% amount in PF account, know the new rules

Knews Desk– If you are an employee and every month there is a deduction for Employee Provident Fund (EPF) from your salary, then this change is very important for you. the central government EPF Scheme 2026 Under this, a major change has been made in the rules for partial withdrawal from Provident Fund (PF). According to the new rule, now employees who withdraw money from PF account during job will have to deposit at least 25 percent amount Will have to leave at any cost. This means that now employees will not be able to withdraw their entire PF balance if needed. The government says that the purpose of this change is to protect the retirement savings of employees and ensure financial security in the future. This new provision Code on Social Security, 2020 implemented under EPF Scheme 2026 Is part of. In the last few years, it was seen that many employees repeatedly withdrew large amounts from their PF account while on the job. Due to this, he did not have enough savings at the time of retirement. Keeping this problem in mind, the government has made this rule, so that the minimum amount is always safe for the future of the employees and they do not have to face financial crisis in old age.

Two important concepts have been added to the new scheme. is the first ‘Minimum Balance’which means that at least 25 percent of the total amount deposited in the employee’s PF account will always be safe. This amount will also include the contribution of both the employee and the employer (company) and the interest received on it. The second concept is ‘Eligible Member Balance’that is, after keeping aside 25 percent of the amount, the employee will be able to withdraw the remaining amount as per the rules. This can be understood with an example. Suppose the total amount in the PF account of an employee 10 lakh rupees are deposited. In such a situation he should at least Rs 2.5 lakh Will have to be deposited in your account. This means that the maximum Rs 7.5 lakh Will be able to make only partial withdrawal up to Rs. However, this withdrawal will also be possible only as per the rules and eligibility conditions set by EPFO.

The thing to note is that the rule of maintaining 25 percent balance is only partial withdrawal during employment Will apply to. If an employee retires, completes the prescribed age, becomes permanently unable to work or in any other case where full withdrawal of EPF money is allowed, then he will be able to withdraw the entire amount from his account. In such cases the condition of maintaining minimum 25 percent balance will not be applicable.

The government has not only fixed the withdrawal limit, but has also made the withdrawal process simpler than before. Earlier, there were different rules and procedures for different needs like medical treatment, children’s education, marriage, buying a house or construction. Now an attempt has been made to simplify these rules, so that eligible employees can easily withdraw the prescribed amount from their PF account with the necessary documents. Experts believe that this change is in the long-term interest of the employees. On one hand, this will keep the retirement savings of the employees safe, while on the other hand, they will continue to get interest on the amount left in the account, which will further increase their savings over time. The objective of the government is to ensure that employees can meet immediate needs and maintain adequate economic security for the future. New EPF Scheme 2026 It has been designed keeping this balance in mind, so that employees can get financial strength both in the present and future.