EPF’s i-Emas monthly payouts could help retirees avoid burning through savings

Private sector employee Kalpita Jatin Doshi, 30, said the approach was appropriate as it provided retirees with a regular income stream, particularly those who faced difficulties securing employment or a steady source of income after the age of 55.

The reservation executive said staggered withdrawals would enable retirees to control their daily spending while allowing the remaining savings in their EPF accounts to continue earning annual dividends.

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