: Monday, May 31, 2021, 7:15 PM IST
Subscribers can withdraw funds from EPF account for a second time citing COVID: know how much you can withdraw
COVID-19: Labour ministry announces additional benefits under EPFO, ESIC schemes
EPFO has now allowed its members to avail second non-refundable COVID-19 advance, stated the Ministry of Labour and Employment. It stated this decision was taken to support its subscribers during the second wave of COVID-19 pandemic.
It was stated that members who have already availed of the first COVID-19 advance can now opt for a second advance also. These claims will be settled within three days of their receipt, the ministry. "Auto-mode of settlement enables EPFO to reduce the claim settlement cycle to just 3 days as against the statutory requirement to settle the claims within 20 days."