The Employees’ Provident Fund Organisation (EPFO) is preparing to automate the final provident fund (PF) withdrawal process, a move aimed at significantly reducing delays and expediting money transfers directly into employees' bank accounts. Central Provident Fund Commissioner Ramesh Krishnamurthi announced this initiative at the ASSOCHAM's National Seminar on New Labour Codes, stating that auto-settlement will now extend beyond partial withdrawals, which currently process claims of up to ₹5 lakh within three days. With over seven crore members, the automation is expected to alleviate common issues such as long processing times and documentation mismatches. The EPFO is also working towards automatic account migration for employees switching jobs, minimizing the need for manual transfer requests. This change is particularly beneficial for younger workers in sectors like technology and startups, where job-switching is prevalent. The EPFO has been progressively enhancing its digital services, including online claim filing and Aadhaar-linked services, to streamline processes and improve user experience. While the timeline for implementing these changes has not been officially announced, EPFO is actively initiating the process to make withdrawals more efficient.