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| Type | Commercial Circular |
|---|---|
| Topic | general |
| Currency | Currency not verified |
Clarfication regarding timely payment of GPF final payment to the retking ‘Government servant regarding Pe टाल egneding timely payment of GPP fast payment
Ae सरकार Cerone ae ‘st तौक sree abe Bet Nits oerna A Pee 25555 लीक नापक FF, Lk Nak nan were Rea Kee rk New Delt 10 05 Taine 25 10008 “Denice meaONANDLEMT Pe टाल egneding timely payment of GPP fast payment ssn ren ting eon dlp yr of GP the ie ‘Goya ve Bsn eid fr aration water ars ape GP a 2 tna cmt, ye wie ht eal ton rpg tnely रन of GPT final payment To the rng, Government seven we [tie tall पिन ise > फिर Off Marnie सपनो de 16" ary, 217 ey ened. 3D re of ew rn Fa (sl Sri) Ral, 16 ety oid tt ho he sm ning abe eet of ttre the Gee Froid Find bcs yale, lb De yf be Accoues फिट न नि 4. 0०4०० ०५४०५ the aap in eal Provident Fn Aca ely the at fhe na Goverment Ary spy ene ecg er oy ‘pe Re 1c) of GPE Race treme PY lees nt plo eran, tet ne flare ope To ald forthe pond fen he oe of ths ime withthe pyro of compete stay, (दिलीप gare ong as डा 0 — No sa2016-PaPW (F) Ministry of Porsonnel, PG & Pensions nt of Pension & Pensioners’ Wella Desk 3° Floor, Lok Nayak Bhavan, ‘Khan Market, New पद 10003 ‘Dated 16" January 2017, OFFICE MEMORANDUM Subject: Clarfication regarding timely payment of GPF final payment to the retking ‘Government servant regarding During review meetings held to evaluate the situs of implementaton of Bhavishys eh MinstresiDepariments, है was observed that GPF tinal payment in many cases fs Mot being paid to the reinng Goverwent servants immediately on retirement fom service Jeaaig to payment of interes or he delayed period 2, Rule 34 of General Provident Fund (Central Service) Rules clearly provides that when ‘he amount standing atthe credit of a subscriber in the General Provident Furd becomes ‘ayable shal be the duty ofthe Accounts दिल! to make payment The aunty forthe ‘moun payabe to be sued at east a month before the date of superannuation, but ‘ayable on the date of superannuation. t may be noted thatthe equrement of submting व नीला applcaton by the reliing Govt servant fr GPF tal payment has been dispensed की vio this Department's Notticaton Ne- 20(12)%4.PEPW हो dated 1811 1998 and rotted under 5 © Na 3228 dated 231% 1606 3. As por Rue 11(4) of GPF Rules, in cae the GPF balance isnot pa on reltemens interest on the GPF balance ie requted to be paid for the period beyond the de of ‘etramert also. Wie interest forthe fst sie mortns beyond retrament can bo atowes by the PAO in tha normal course, approval of Head of the accoune coe is required fo ‘payment of intrest beyond six mnths and thal of Conor of AccounvFinancal” Advise! beyond a panod of ane year 4. To ensure timly final payment of GPF. and to avo unnecessary financial burden on ‘sccount of forest beyond retramert, has now been decided tat avery case, in whch Payment of intrest an General Provident Fund becomes necessary Io Yetms of Rules 118) SI GPF Rules, 1960, shal ba put up for consideration fo the Secrotary of the Administatve MotryDeparment. in al such cases the Secretary ef the Administrative Minatiy! Departnert wit responsibly stall levels Yo take. spproprate acton aganst the Government servant or servants who are found responsibio forthe layin the payment थी ‘General Provent Fund 5 _This ksues with the concurence of the Ministry of Finance, Department of Exponaiture vide te ID NO,AB7IE एव dated 27" Septombor 2016, © Hin version wa flow: ७० Gupta) Director To, 1 Al Ministes/Departmants (As per Standard Maling Ist) 2. President Secretariat 4. Offoe of CAG, ODU Marg, New Det
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