The story so far: A meeting of the Central Board of Trustees (CBT) of the Employees Provident Fund Organisation (EPFO) held in Delhi on October 13 announced a number of measures for partial withdrawal of PF funds , which the government claimed was to enhance the “ease of living” of an EPFO subscriber.

What are the new provisions?

The CBT approved the merger of “13 complex provisions” for withdrawal into a single, streamlined rule under three categories — essential needs (illness, education, marriage), housing needs and special circumstances. Till now, a member could withdraw only the employee contribution to the PF and its interest ranging from 50-100%. Now, the member can withdraw from the employer contribution as well. The decision faced flak from Opposition parties, trade unions an

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