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⚡PF Withdrawal via ATM and UPI: Here’s What Labour Ministry Says About Your Pension

By Kabir

As EPFO prepares to introduce UPI- and ATM-based PF withdrawals under the proposed EPFO 3.0 framework, employees are concerned about potential pension implications. The Labour Ministry has clarified that the new facility will apply only to EPF balances and will not affect EPS pension eligibility. Members who complete at least 10 years of EPS service will continue to qualify for pension benefits.

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