GPF

GPF

 

General Provident Fund 

Permanent / Temp. Government Employee are eligible to subscribe a minimum of 6 percent of emoluments and a maximum of total emoluments means pay excludes D.A. Recovery should be stopped before 3 months of retirement.

 

Nominations 

Only members of family can be nominated. If having no family, any person /persons including a company / Associate’s body of individuals/a charitable or other trust or fund can be nominated. Fresh nomination can be made by canceling previous nomination.

 

Final Payment 

GPF final payment will be made when the subscriber Retires from service/permitted to retire or declared by a competent medical authority to be unfit for further services. Proceeds on leave preparatory to retirement. Quits service. Is dismissed / removed from services. 

 

 

Deposit Linked insurance Scheme 

When a GPF subscriber dies after having put in five years service, the person receiving the fund balance will be paid an additional amount if the balance at credit had not fallen below the under mentioned limits at any time during the 3 years preceding the month of death:

 In case of missing employees’ payments can be made to the nominee/legal hairs after expiry of a period of seven years on production of proper proof of death or a decree of the Govt.

 

GPF Accounting: 

CCA offices maintain employee wise GPF broadsheets in respect of employees working in BSNL. Amounts collected and amounts paid out of the GPF accounts in respect of the employees working in BSNL, are settled and taken to the Govt. head of account through the CCA office. The CCA office also ensures that there is no anomaly in the account of any individual employee. For example, the GPF contribution in any month cannot exceed the basic pay of the employee.

1. GPF Final Payment Cases Settled During (Month)(Year)

2. List Of GPF Outward Transferred Cases Setteld Disposed During (Month)(Year)

4. List Of GPF Transfer Cases Settled During (Month)(Year)