GPF

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 of retirement.

Nominations

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.

Final Payment

GPF final payment will be made when the subscriber – 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. Quits service. Is dismissed / removed from services.

Annual interest of GPF

 

Deposit 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 death: