Your Employee Provident Fund (EPF) is designed to be a financial cushion for life after retirement. Once you reach the age of 58, you’re eligible to withdraw the full amount — including your contribution, your employer’s share, and the interest earned. But what comes after withdrawal? Many retirees miss the opportunity to continue growing this corpus with stable and rewarding investments.
This guide walks you through the EPF withdrawal process post-retirement and how you can reinvest your funds smartly to ensure long-term financial peace of mind.
EPF withdrawal rules after retirement
Listed below are EPF withdrawal rules after retirement:
1. Full withdrawal permitted after age 58
Once you turn 58, you’re eligible to withdraw 100% of your EPF balance — your contributions, your employer’s contributions, and the interest earned. You can also claim your full pension by submitting Form 10D.
2. Partial withdrawal before retirement
You can withdraw up to 90% of your EPF balance (including interest) after turning 54, which is one year before the retirement age of 55. This can be helpful for planned expenses like home renovation or a child’s wedding.
3. Reduced pension between 50–58 years
If you’ve completed at least 10 years of service, you may opt for an early pension between ages 50 and 58 by filing Form 10D and a Composite Claim Form. However, this pension will be lower than the full pension amount.
4. Tenure below 10 years? Full withdrawal allowed
If your total service is less than 10 years, you can withdraw both your EPF and EPS amounts. Choose the ‘pension withdrawal’ option while submitting the Composite Claim Form.
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