If you work in a company or factory and some part of your earnings is deposited in the PF account, then that money can be useful in your bad times. EPFO makes all the rules related to monitoring and monitoring of PF accounts. In this news, we will tell you when and how much money you can withdraw from your PF account.

EPFO has made rules regarding PF, in which it is told how many days an employee can take how much percent of his PF amount, and which factors work in this. Let's understand.

In case of unemployment

If an employee is away from the job for more than a month due to any reason, then he can withdraw 75 percent of the amount from his PF account.

If the company is closed for 6 months

If the company in which the employee works and that company is closed for 6 months, then the employee has the option that he can withdraw the entire amount deposited in the PF account. But when the company or factory starts again, the employee has to withdraw the amount he has wiathdrawn from PF. He has to deposit it back in 36 installments along with his salary.

In case of layoff

If someone is working in a company and is suddenly fired from the job, then also he has the option of withdrawing money from PF. In this situation, the employee can withdraw up to 50 percent of the money from the PF account.

If work is closed for more than 15 days

If an emergency arises in which the company has to be closed for 15 days, then in such a situation the employee can withdraw up to 100 percent of the amount deposited in his PF account.

Retirement plan

EPFO gives the option of withdrawing money from PF in two ways to the employees after retirement. The first is that the employee withdraws the entire PF amount together after retirement. Apart from this, the second option is of EPS pension, under which the employee gets a fixed amount of pension every month.

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