Mon, Apr 25, 2016, 10:12 AM
Employees' Provident Fund (ERF) institution plans to launch 'One Employee One Account' scheme. As per this every employee will have only one account even though he may change his job several times. He does not have to withdraw his provident fund every time he changes his job. This is planned as a result of widespread protests against EPF proposal to withhold withdrawals until the employee turns 58.