To support its subscribers during the second wave of COVID-19 pandemic, retirement fund body EPFO has now allowed its over five crore subscribers to avail second non-refundable COVID-19 advance. Earlier last year, the Employees' Provident Fund Organisation (EPFO) had allowed its members to withdraw COVID-19 advance to meet exigencies due to the pandemic. As on date, EPFO has settled more than 76.31 lakh COVID-19 advance claims thereby disbursing a total of Rs 18,698.15 crore," the statement said. Members who have already availed the first COVID-19 advance can now opt for a second advance also. The provision and process for withdrawal of second COVID-19 advance is same as in the case of first advance, it said.

Source: dna May 31, 2021 09:33 UTC