EPFO faces challenge of young subscribers withdrawing full PF corpus

Organisation looking at strategies to address the challenge

Under the current EPF rules, a member can withdraw the entire PF corpus after retirement.
The power of compounding! That is the beauty of deposits in retirement savings such as the Employees’ Provident Fund that is currently offering an interest of 8.25% on contributions.

Concerned with a high number of withdrawals by young subscribers, the Employees’ Provident Fund Organisation is looking at strategies to address this problem and how it can be addressed.

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