New Delhi, Aug. 16 -- The Employees' Provident Fund Organisation (EPFO) has eased rules governing partial withdrawals from PF, giving members greater flexibility to access their savings when they are dealing with financial emergencies such as unemployment, medical treatment, education or housing needs.

As per the latest EPF framework, notified last month, members can withdraw 75% of their provident fund balance for the above mentioned needs. The remaining portion remains invested as a safety net for your future needs.

In addition, the minimum membership requirement for most advance EPF withdrawals has been standardised at 12 months, replacing multiple service-related conditions that used to range up to seven years.

The Ministry of Labo...