

News India Live, Digital Desk: Employees Provident Fund Organization plays an important role in securing the future of EPFO employees. Typically, people expect pension benefits from EPFO only after retirement retirement, which usually starts from the age of 58. This system provides economic stability in old age. However, under certain circumstances, EPFO can give you the benefit of pension even before retirement. The most important situation in this comes when an EPFO member becomes permanent and completely disabled and is unable to do a job due to physical disability. In such a situation, that member starts getting pension immediately regardless of age or job duration. This is a great relief for those who are unpredictually disabled in working. In addition, the EPFO also provides some more provisions. If a member wants to quit a job between the age of 50 to 57, he can also avail pension. Although, in this case he gets less than a fixed percentage pension for withdrawal before standard age, it is an option for those who want to retire soon. This option is usually for those who have completed the minimum service of 10 years. The main objective of this pension is to provide financial security to the members under adverse circumstances, so that their income remains a source of income. To achieve these benefits, it is necessary to submit the right procedure and required documents, such as medical certificate issued by the competent medical authority etc. in case of disability. It is important to ensure that all terms and conditions are understood carefully so that any member can take full advantage of this scheme if required. These rules of EPFOs highlight that this organization supports his members not only after retirement, but also in the challenges of unexpected lives. Members are very important to know all these rules so that they can use these benefits properly and feel financially safe if needed.
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