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Introduction of Non-Govt. Institutions Provident Fund (NGIPF) Module

Finance, , , 👁️ 233

Introduction of Non-Government Institutions Provident Fund (NGIPF) Module in WBIFMS for Provident Fund maintenance in Non-Government Educational Institutions, Local Bodies and other similar institutions.

Government of West Bengal
Finance Department
e-Governance Group
Nabanna, 12th floor
325, Sarat Chatterjee Road, Howrah -711102

No. 4309-F(e-Gov) Date: 12/07/2023

Memorandum

Sub: Introduction of “Non-Government Institutions Provident Fund (NGIPF) Module” in WBIFMS for Provident Fund maintenance in Non-Government Educational Institutions, Local Bodies and other similar institutions.

At present the management and maintenance of Provident Fund of employees in Non-Government Educational Institutions, Local Bodies and other similar institutions is done manually resulting in delay in disposal of PF matters, delay in submission and settlement of claim for interest and lack of comprehensive information. In many cases, the employees do not receive the annual PF statement timely after the closure of the financial year. Under these circumstances, the necessity of bringing reforms in the maintenance of Provident Fund of employees in these institutions has been under active consideration of the State Government for some time past.

Now, the Governor is pleased to introduce “Non-Government Institutions Provident Fund (NGIPF) Module” in WBIFMS to provide real-time online services to the employees of these institutions for accessing their Provident Fund accounts. The module also aims at timely disbursement of interest on PF balances immediately after the closure of the financial year or whenever required through system based calculation of interest and accounting.

The module shall be applicable for institutions which maintains PF under Major Head- 8336 in PAOs and Treasuries across the State and receives the interest on Provident Fund Deposits from Directorate of Pension, Provident Fund and Group Insurance (DPPG), WB. The control, management and procedure for calculation of interest for employees of such institutions shall however remain unchanged except being done through online mode.

The brief description of Non-Government Institutions Provident Fund (NGIPF) Module in WBIFMS along with the procedure for payment of interest on the P.F. balances of the Non-Government Institutions will be issued shortly.

This order shall come into force with immediate effect.

Sd/- Dr Manoj Pant, I.A.S.
Additional Chief Secretary to the
Government of West Bengal

No. 4309-F dated 12.07.2023, Source