EPFO: The Employees’ Provident Fund Organization (EPFO) has introduced the “Funds Near You 2.0” initiative. This program is set to take place in every district nationwide on November 27, 2025. It is part of the “Azadi Ka Amrit Mahotsav” campaign, which is a collaborative effort. The goal of this initiative is to offer immediate solutions to issues encountered by Provident Fund (PF) members, employers, and pensioners.

EPFO has also revealed its “Nidhi Aapke Paas 2.0” program on the social media platform X. The organization has invited individuals facing EPFO-related challenges to attend the camp for assistance. This event will provide an opportunity for people to learn about EPFO schemes and services. All inquiries and concerns will be addressed.

Eligible for pension after 10 years of service

Employees who contribute to the EPFO become eligible for a pension after completing 10 years of service. However, this pension is accessible only after they turn 58 years old. It is also possible to claim the pension after reaching 50, but this will involve deductions.

As per the new EPFO regulations, individuals who remain unemployed for an extended period can now withdraw their pension (EPS) amount after 36 months, rather than the previous two months. The government states that this measure is designed to provide long-term social security for individuals, ensuring future pension stability.

Interest on PF (Provident Fund) is typically not subject to tax, as long as your annual contribution does not exceed ₹2.5 lakh (for private sector employees). If your contributions surpass this threshold, the interest accrued on the excess amount will be taxable. Additionally, withdrawals may incur taxes under specific conditions, particularly if made before completing 5 years of continuous service.

What happens after retirement?

Contributions stop upon leaving your job. Upon retirement, both your and your employer’s contributions to the PF account cease. In this situation, you no longer qualify as an employee. The interest becomes taxable. Therefore, any interest that accumulates in your PF account after your retirement will now be considered taxable.