I am an early retiree through VRS in the private sector. I was enrolled i the EPS scheme of the EPFO. I will be turning 58 in Jan2024 and have completed more than 10 years in the EPS scheme. Am I eligible to withdraw my EPS as lumpsum? Or am I eligible only for monthly pension in the scheme.
Yes, you can withdraw the lump sum at the age of 58 if you have completed 10 years of service. You can also opt to keep your funds for extended 2 years. Below is an article for your reference: