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Provident Fund

1) GPF (General Provident Fund), 2) CPF (Contributory Provident Fund), 3) EPF (Employees Provident Fund).

Provident Fund Maintenance in Non-Government Institutions

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.

Rate of Interest on GPF (01.10.2018 to 31.12.2018)

During the period from 01.10.2018 to 31.12.2018, 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.

Rate of Interest on GPF (01.07.2018 to 30.09.2018)

During the period from 01.07.2018 to 30.09.2018, accumulation at the credit of the subscribers to General Provident Fund and other similar funds shall carry interest at the rate of 7.6% per annum.

Recovery of GPF Temporary Advance before Retirement

Number of instalments should be fixed in such a manner that the recovery of the Temporary Advance is completed prior to six months from the date of retirement on superannuation of the subscriber.

Online GPF Module to Group D Work Charged Employees

All Work Charged employees shall be mapped with their respective Head of Offices in the stakeholder module of HRMS within 15.06.2018.

Approval of Opening Balance of GPF (Group D Employees)

Extension of last date of entry and approval of Opening balance of GPF for Group D Employees in IFMS and submission of documents to DPPG WB.

Control and Management of GPF (Group D Employees) – Clarification

Clarification with reference to Notification No. 734-F dated 28.02.2018 regarding change and control in management of General Provident Fund of Group-D employees.

Rate of Interest on GPF (01.04.2018 to 30.06.2018)

During the period from 01.04.2018 to 30.06.2018, accumulation at the credit of the subscribers to GPF shall carry interest @ of 7.6% per annum.

T.R. Form 7C for depositing money for GPF

The existing TR-47 schedule for transfer of money for Provident Fund from the Pay bill submitted by Drawing and Disbursing Officer shall continue to exist as usual.

Rate of Interest on GPF (01.01.2018 to 31.03.2018)

During the period from 01.01.2018 to 31.03.2018, accumulation at the credit of the subscribers to GPF shall carry interest @ of 7.6% per annum.

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