Introduction of a facility in IFMS to access a statement showing up-to-date GPF balance for State Government Employees whose GPF Accounts are maintained by the Office of the Accountant General, West Bengal.
Provident Fund for Employees of West Bengal
1) GPF (General Provident Fund), 2) CPF (Contributory Provident Fund), 3) EPF (Employees Provident Fund).
Rate of Interest on GPF (01.07.2019 to 30.09.2019)
During the period from 01.07.2019 to 30.09.2019, accumulation at the credit of the subscribers to General Provident Fund and other similar funds shall carry interest at the rate of 7.9% per annum.
Discontinuation of Issuance of Cheque by Treasuries/ PAOs
Discontinuation of issuance of cheque from different deposit accounts for depositing the General Provident Fund/ Provident Fund subscription in the Treasury Linked Bank.
DPPG,WB will Credit Interest into GPF of Gr. D Employees
DPPG,WB will generate the Interest Transfer Credit Bill in TR Form No. 43 within the 10th of every month for the subscriber whose Final Payment of GPF has been drawn during the preceding month on the basis of Final Payment Authority of GPF issued from DPPG.
Change in Monthly Contribution towards New Pension Scheme
State Government will make a monthly contribution of 14% of the Basic Pay plus DA. However, the employees’ contribution would remain unchanged i.e. 10% of the Basic Pay plus DA.