Employees Provident Fund Organization launched Multi-Location Claim Settlement Scheme
Withdrawal of Provident Fund (PF) or other related activities will no longer have to wait. The Employees Provident Fund Organization (EPFO) has launched a Multi-Location Claim Settlement Scheme. Under this, applications for PF related works can be disposed of from anywhere in the country.
Regional Commissioner of EPFO Dehradun, Manoj Kumar Yadav said that this facility will be able to settle claims made from any regional office of EPFO. Now it will not be necessary that you have to apply for claim settlement in your own city office.
You can do it in any EPFO office in the country. The statement said that under this new initiative, all types of online claims such as provident funds, pensions, partial withdrawals, and claims and transfers will be settled.
Claims will be settled within 72 hours
He informed that applications for lockdown and subsequent PF withdrawal have been coming. These are being disposed of rapidly at the level of the PF office. It is being tried that such claims can be settled within 72 hours.
75 percent clearance allowed
In view of the Corona crisis, the Employees Provident Fund Organization has given the facility of advance withdrawal of their deposits while giving relief to the PF account holders. For this, the EPFO changed the EPF Scheme-1952, saying that employees can withdraw 75% of the amount deposited in their account or equal to three months’ salary. Employees can use this money for their needs and there will be no need to resubmit it.