Government Clarifies New EPF Withdrawal Rules for 2026

Minister of State for Labour and Employment Shobha Karandlaje confirmed in the Lok Sabha on August 10 that a 12-month waiting period now applies to premature final EPF settlements.

The new EPF Scheme 2026 also mandates a 36-month waiting period for withdrawal benefits under the Employees’ Pension Scheme (EPS).

Members retain the ability to withdraw up to 75% of their balance twice annually for essential needs, housing, or special circumstances despite the new waiting periods.