Employees Provident Fund Scheme

Nominations, Payments and Withdrawals From The Fund


Section 68-NNN: Option for withdrawal at the age of 55 years for investment in Varishtha Pension Bima Yojana

The Commissioner, or where so authorized by the Commissioner, any officer subordinate to him, may, on an application from a member in such form as may be prescribed, permit withdrawal of upto 90 per cent of the amount standing at his credit at any time after attaining the age of 55 years by the member, to be transferred to the Life Insurance Corporation of India for investment in Varishtha Pension Bima Yojana