Under EPFO 3.0 reforms, proposal to allow ATM withdrawal of PF
The EPFO 3.0 initiative, set for discussion in October, may allow partial PF withdrawals via ATMs and UPI, offering banking-like convenience to 80 million subscribers. A proposal to hike the minimum monthly pension from ₹1,000 to ₹1,500-₹2,500will also be reviewed. While seen as a Diwali gift for members, trade unions remain cautious about its long-term impact.