ManojRamchandran
My father is undergoing dialysis for the last 6 months.
Last two weeks his health condition went critical and we have to do 3 dialyses for a week, but he is not hospitalized.
My father have no medical insurance cover. Also I have utilized PF covid withdrawal (25%) for my sisters education fee.
The only option I see is withdrawing 70% of my Employee share for medical illness.
Can I withdraw the same?

From India, Coimbatore
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Nathrao
Insolvency N Gst Professional

nathrao
3123

Purpose Eligibility Limit
Medical Emergency -member/spouse/parent/children Any PF Member Lesser one of employee’s
share plus interest or 6
times of the monthly salary
Your eligibilityFor Medical Purposes-
An employee is allowed to withdraw employee’s share with interest or six times the monthly salary (whichever is lower) from the provident fund for the purpose of medical treatment
This withdrawal is applicable for medical treatments of self, spouse, children, and parents
There is no lock-in period or minimum service period for this type of withdrawal
Hope this helps
EPFO site gives all information anyway

From India, Pune

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views.







About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2023 CiteHR®

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server