EPFO New Rules 2025: Such a big announcement in the life of EPFO in 2025 has been made with much resolve in the rule changes for members. All these rules have been established to simplify rules in medals and services related to the PF and be easily accessible to the members. Let us enumerate some of the major changes, such as.
PF Withdrawal Facility Via ATM
In 2025, EPFO offered the facility to withdraw PF amount from ATMs directly through ATM cards to its members. That makes the fund available anytime, anywhere, even during emergencies. Earlier, it took the PF withdrawal process 7-10 days for members to have their funds released. Now, however, the new provision allows the member to reach out and touch the amount instantly.
Easing Of Profile Update Procedures
EPFO has also simplified the procedure for updating your profile; in fact, as far as this goes, if with your UAN you have linked your Aadhaar, you can now change personal details, including name, date of birth, gender, nationality, parent’s name, spouse’s name, etc., without necessarily attaching any more documents. This reduced the complexity in regard to profile updating, making it further quicker and smoother.
Change In Contribution Limit
Employees were also permitted by EPFO to set the ceiling on their PF contributions. Now the employees will be able to avail of this opportunity to save more money toward their retirement because they can make contributions to PF matching their actual salaries. Earlier, a certain cap was used to limit contributions, but now with these newer rules, this cap has been increased to yield greater benefit to the employees.
Modernization Of IT System
As you all know, EPFO has also upgraded its IT system, improving speed and consistency in online service delivery. It is expected to complete the upgrade by June 2025, so members will be able to have online claims, balance checks, and many other services without interruption.
Investment In Equities Allowed
The EPFO was thinking about granting its members the option to directly invest in equities (stock market). For the members, it will mean that they can now diversify their investment portfolio even further and harvest potentially higher returns. However, this will be an option to take up, and each member will have to make that decision according to the risk profile they have.
Flexibility Of Withdrawing Pensions
With the new pension rules, pensioners can now go to the bank of their choice to withdraw their pension amounts, thus making it easier for them. Previously, they could only withdraw their pensions from designated banks or branches.
