Provident funds (PF) schemes for retirement corpus with regular investments Provident funds (PF) schemes are aimed at providing an opportunity for salaried employees to create a retirement corpus with regular investments. Under the PF schemes, the employees contribute a small amount of their income every month, and the total amount turns into a retirement corpus while a portion of the total savings can be availed as a pension. Employees Provident Fund (EPF) EPF is a provident fund scheme for salaried employees other than government employees, operated by the Employees Provident Organisation (EPFO), the Central government's retirement fund body. The EPF interest rate for 2022-23 is 8.10 per cent. Partial withdrawal can be made every year starting from the seventh financial year of opening the PPF account. Other Top Trending "Your Money" Stories From NDTV: How Pensioners Can Submit Proof Of Life Certificate Online Banks Will Remain Closed For 10 Days In November, Including Weekends. Source: NDTV #PFAccount