New Delhi: The Employees' Provident Fund (EPF) is a compulsory savings and retirement plan for employees. This plan serves as a financial safety net, providing employees with a lump sum corpus after retirement.

While the primary purpose of the EPF is retirement savings, it has provisions for premature withdrawals. Premature withdrawal is permitted under specific circumstances such as marriage, education or medical emergencies.

However, EPFO has tweeted that if you withdraw your funds for wrong reasons, it can lead to recovery of money.

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"Withdrawing PF for wrong reasons can led to Recovery under EPF Scheme 1952. Protect your future, use PF only for the right needs. Your PF is your lifelong safety shield!," EPFO has tweeted.

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