General Provident Fund
Permanent / Temp. Government Employee are eligible to
subscribe a minimum of 6 percent of emoluments and a maximum of total
emoluments means pay excludes D.A. Recovery should be stopped before 3 months
Only members of family can be nominated. If having no
family, any person /persons including a company / Associates body of
individuals/a charitable or other trust or fund can be nominated. Fresh
nomination can be made by canceling previous nomination.
GPF final payment will be made when
Retires from service/permitted to retire or declared by a competent Medical
Authority to be unfit for further services.
Proceeds on leave preparatory to retirement.
Is dismissed /removed from services.
interest of GPF
2003-2004 to 30.11.2011
01.12.2011 to 31.03.2012
Linked insurance Scheme
When a GPF subscriber dies after
having put in five years service, the person receiving the fund balance will be
paid an additional amount if the balance at credit had not fallen below the
under mentioned limits at any time during the 3 years proceeding the month of
Subscriber was drawing
Minimum monthly balances
Grade pay less than Rs 1400 pm
Grade pay Rs 1400 pm or more but
less than Rs 4200 pm
Grade pay of Rs4200pm or more but
less than Rs 4800 pm
Grade pay of Rs 4800pm or more
In case of missing employees payments can be made to the
nominee/legal hairs after expiry of a period of seven years on production of
proper proof of death or a decree of the Govt.
GPF Accounting: CCA offices maintain employee wise GPF broadsheets in
respect of employees working in BSNL. Amounts collected and amounts paid out of
the GPF accounts in respect of the employees working in BSNL, are settled and
taken to the Govt. head of account through the CCA office. The CCA office also
ensures that there is no anomaly in the account of any individual employee. For
example the GPF contribution in any month can not exceed the basic pay of the
employee. GPF is maintained in
payment of GPF advance/ withdrawal