Low retirement savings prompted minimum PF balance rule, says EPFO | Finance News
The mandatory minimum balance of 25 per cent of the total accumulated funds introduced under the Employees’ Provident Fund Scheme 2026 was prompted by low retirement savings among members, with nearly half of the subscribers left with only ₹10,000-20,000 in their provident fund (PF) accounts at the time of final settlement, the Employees’ Provident…