You can now access your provident fund to pay for medical expenses without having to go through laborious paperwork. On 25 April, the Ministry of Labour and Employment notified changes to The Employees’ Provident Fund Scheme, 1952, doing away with the need to submit a medical certificate to make partial withdrawals from your provident fund kitty. (Read the notification here: http://mintne.ws/2qkdEDl).
“A member would only be required to submit a self-declaration, which has already been included in the Composite Claim Form, to avail advance from the provident fund for illness in certain cases. A member would no longer be required to submit any other document or any pro forma whatsoever to avail advance under paragraph 68-J,” the Employees’ Provident Fund Organisation (EPFO) said in a circular.