What percent of pension amount can be withdrawn?


What percent of pension amount we can be withdrawn?

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The percentage of pension amount that can be withdrawn depends on the number of years of service.

There are two cases under which you can withdraw your pension amount.

For service exceeding 10 years

  • An individual can withdraw pension fund by filling Form 10C.

For service not exceeding 10 years

  • The pension fund can be withdrawn on the EPFO portal via Form 10C
  • The individual’s UAN must be linked with KYC on the portal
    For this case, service cannot be more than 10 years. For this too there are different scenarios. If an individual is still in service and hasn’t completed 10 years, EPS amount cannot be withdrawn. The pension amount can only be encashed during the interval between the exit from one service and the beginning of a new service.