Withdrawal from EPF Scheme for Housing Needs

EPFO Circular regarding withdrawal under paragraph 68-BD of EPF Scheme, 1952 for housing needs of the PF members – Can get loan from housing societies

Ministry of Labour and Employment Circular regarding withdrawal from EPF Scheme for Housing Needs.

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Employees’ Provident Fund Organisation

(Ministry of Labour & Employment, Govt. of India)

Head Office

Bhavishya Nidhi Bhawan, 14-Bhikaiji Cama Place, New Delhi-l 10066

No: WSU/39(1)2017/Housing Scheme/4106

Date: 24.05.2017

All Addl. CPFC (HQ/ Zone),

Regional P.F. Commissioners-in charge of Regional Offices.

Sub: Withdrawal under paragraph 68-BD of EPF Scheme, 1952 for housing needs of the PF members.

Ref: HO circular dated of even numbers dated 21.04.2017, 02.05.2017 & 19.05.2017

Sir,

Please refer to the above said subject.

2. There are a number of State Housing Boards or other authorities owned by the Government which construct and sell houses. In certain cases their houses remain unsold. Considering this, it is advised that RPFCs-incharge of ROs should contact all such Housing Board/authorities in their jurisdiction and persuade them for allotment of such unsold houses directly to the PF Workers’ Cooperative Societies but EPFO shall not recommend or be associated in the agreement with any particular housing agency/housing society. RPFCs should also discuss the issue with PF Workers’ Union and employers of establishments for formation of cooperative societies so that the concerned society may also negotiate with such Housing Board/ authorities.

3. Accordingly, it is advised that provisions of paragraph 68-BD of EPF Scheme, 1952 be given due focus and publicity by all such possible means in the interest of the workers.

Yours faithfully,

(K.L. Taneja)

Addl. Central P.F. Commission (Housing)

Download EPFO Circular No: WSU/39(1)2017/Housing Scheme/4106 dated 24.05.2017