Provident Fund
1) GPF (General Provident Fund), 2) CPF (Contributory Provident Fund), 3) EPF (Employees Provident Fund).
During the period from 01.10.2019 to 31.12.2019, accumulation at the credit of the subscribers to General Provident Fund and other similar funds under the administrative control of the Government of West Bengal shall carry interest at the rate of 7.9% (seven point nine percent) per annum.
All the Heads of Offices will have to send a list of subscribers who are going to retire in the next twelve months to the Office of the Accountant General (A&E), West Bengal.
Governor is pleased to decide that during the period from 01.07.2021 to 30.09.2021, accumulation at the credit of the subscribers to General Provident Fund shall carry interest at the rate of 7.1% per annum.
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
The new system will provide benefits such as real-time online services to the subscribers for accessing their Provident Fund Statements, withdrawing fund from Provident Fund Deposit Account and Final Settlement of Provident Fund entitlement.
General Provident Fund and other similar funds under the administrative control of the Government of West Bengal shall carry interest at the rate of 8.7% per annum w.e.f. 01.04.2014.
Scheme for the retired employees of State Transport Undertakings (STUs) in accordance with the direction contained in the Solemn Order dated 30.6.2015 in WP No. 11978(W) of 2015.
During the period from 01.01.2020 to 31.03.2020, accumulation at the credit of the subscribers to General Provident Fund and other similar funds under the administrative control of the Government of West Bengal shall carry interest at the rate of 7.9%.
Governor is pleased to decide that during the period from 01.07.2023 to 30.09.2023, accumulation at the credit of the subscribers to General Provident Fund and other similar funds shall carry interest at the rate of 7.1% per annum.
Fixation of rate of interest in cases of refund of employer’s share of contribution towards C.P. FUND for availing pensionary benefits etc.