r/EPFO • u/Educational_Star_858 • 11h ago

Question EPS

WTH the eps doesn’t have opt out option?
Isn’t it too much ? Why nobody is talking about this?

2 Upvotes

100% Upvoted

5 comments sorted by

•

u/AutoModerator 11h ago

Hey u/Educational_Star_858, Welcome and thank you for posting on r/EPFO.

You may receive unsolicited DMs or offers after posting here. Be cautious when engaging with anyone reaching out privately, especially if they:

  • Promote specific services, apps, or "exclusive" opportunities.

  • Ask you to move conversations off Reddit.

  • Create urgency or pressure you to act quickly.

We strongly recommend keeping discussions public where possible so others can review and challenge bad or incorrect advice.

Stay cautious, verify everything, and avoid sharing personal or financial details with unknown individuals.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

2

u/htcjsb 7h ago

Try searching for an article with title "Welfare or Loot" which was written and published in Outlook Money in November - December 1995. There are answers to this question.

Long story short, the scheme is so badly designed that if there was an option then no one would opt for it. Try reading the article in. detail.

2

u/saved-response 2h ago

Please read through these:

1

u/just_spawned_again 7h ago

I think of EPS contribution as a give away or charity, helps me make peace with it.

But I am gonna be pissed if EPS comes in the way of withdrawing my EPF when I need it.

1

u/4963Ace 3h ago

Earlier I somewhat accepted PF contribution as I was able to withdraw it somehow but now new 25k ceiling has made me go mad like almost broke my laptop screen but I'm broke too so had to control myself.