Provident Fund
1) GPF (General Provident Fund), 2) CPF (Contributory Provident Fund), 3) EPF (Employees Provident Fund).
For DI/ADI/AI of Schools (Secondary Education), the interest for the financial years 2023-24 and 2024-25 would be credited within 30th September, 2025.
Application for final payment should be submitted in proper form in due time prescribed by the government. (Form 10A where the subscriber is alive and Form 10B in case of death of a subscriber).
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.
GPF interest at the rate of 8.8% (eight point eight per cent) per annum. This rate will be in force during the financial year beginning on 1st April, 2012.
In case the employees do not revise their contributions, the respective DDOs must regulate the subscription so that the threshold limit of Rs. 5 Lakh is not exceeded in a financial year.
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.
Monthly PF subscription should strictly be regulated in such a manner so that the total sum of subscription in a financial year does not exceed the limit of Rs. 5 lakh.
State Assisted Scheme of Provident Fund for Unorganized Workers (SASPFUW), Buildings and Other Construction Workers’ Welfare (BOCWA) and West Bengal Motor Transport Workers’ Welfare (WBTWSS) Schemes
D.D.O’s and Heads of offices are requested to forward all the final payment cases of the retiring employees to the A.G. Office immediately after compulsory stoppage of G.P.F. subscriptions.
Three months time period shall be given to switch over to Pension-cum-Gratuity Scheme under the West Bengal Recognized Non-Government Educational Institutions (Death-cum-Retirement Benefit) Scheme, 1981.