Provident Fund
1) GPF (General Provident Fund), 2) CPF (Contributory Provident Fund), 3) EPF (Employees Provident Fund).
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.
Implementation of Employees Provident Fund and Miscellaneous Provisions Act, 1952, in respect of Para Teachers, Shiksha Bandhus and Other contractual employees under Paschim Banga Sarava Shikhsa Mission.
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.
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.
Fast three instalments of G.P.F. subscriptions will be recovered as arrears subscription from the forth coming salary bills. Already issued orders for final payment of G.P.F. & G.I.S.S. but not yet paid shall stand cancelled.
During the period from 01.04.2019 to 30.06.2019, accumulation at the credit of the subscribers to General Provident Fund and other similar funds shall carry interest at the rate of 8% per annum.