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NEW EPF NOTIFICATION WEF 29TH JUNE 2026 

The Ministry of Labour and Employment has notified the Employees' Provident Fund (EPF) Scheme, 2026, replacing the 1952 rules. 

 

Taking effect on June 29, the updated framework introduces a mandatory 25% minimum balance retention for partial withdrawals and formally caps mandatory contributions at ₹1,800, making additional savings entirely voluntary

 

Key changes under the new EPF Scheme, 2026 include:

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·         Mandatory Contribution Limit: While the 12% contribution rate remains unchanged, the mandatory PF contribution is capped at ₹1,800. Any contributions above this threshold are now classified as voluntary

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·         Minimum Balance Requirement: Members can access their savings for eligible partial withdrawals (e.g., medical, education, housing), but they are strictly required to retain at least 25% of their total gross contributions (employee share + employer share + interest) in their accounts

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·         Pension Scheme Updates (EPS 2026): The new scheme formally incorporates the higher pension option following the Supreme Court's landmark judgment. Employers will continue to contribute 8.33% toward the pension fund, which increases to 9.49% for employees who previously opted into the higher pension option.

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·         Enhanced Digital Access: The notification paves the way for modernized digital services, including account portability, simplified claim processing, and upcoming UPI and WhatsApp-based accessibility

 

 

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