DoP and PW OM dated 25-10-24 on Clarification regarding timely payment of GPF final payment to the retiring Government servant regarding.

26 Oct

DoP and PW OM dated 25-10-24 on Clarification regarding timely payment of GPF final payment to the retiring Government servant regarding. The Rule 34 of General Provident fund (Central Service) Rules, 1960 clearly provides that when the amount standing at the credit of a subscriber in the General Provident Fund becomes payable, it shall be the duty of the Accounts Officer to make payment. It is also added the amount deposited in General Provident Fund Account is solely the asset of the individual Government servant. Any disciplinary case pending or penalty imposed against him does not have any impact on the disbursement of the GPF amount. As per Rule11(4) of GPF Rules, in case the GPF balance is not paid on retirement, interest on the G PF balance is required to be paid for the period beyond the date of retirement also.

Click: 26.10.2024 GPF Assets of Employee