Can You Withdraw PF Contributions Before Retirement? Understanding PF 68 NN

Withdrawal of PF Contribution Before Retirement

Under the PF Act, can an employee withdraw their contribution amount before retirement during continuous service or within one year of retirement?

Understanding PF 68 NN

What is PF 68 NN?

Withdrawal Under Section 68-NN of the Employees' Provident Fund Scheme

Section 68-NN of the Employees' Provident Fund Scheme permits the withdrawal of up to 90 percent of the amount standing to his/her credit at any time after attaining the age of 54 years by the member or within one year before their actual retirement on superannuation, whichever is later.

Regards,
Suresh

Form No. 31 for PF Withdrawal

Form No. 31 has to be filled for the withdrawal of up to 90% of the amount standing in the PF account under Section 68-NN of the Employees' Provident Fund Scheme.

Form Submission Guidance

Don't fill out Form No. 19. Fill out Form No. 31. You just need to mention why you want an advance of 90% and attach supporting documents.

What is the age required for this? My age is 56 years 5 months, with retirement at 60 years as per the company's policy. Am I able to withdraw under section 68NN?