Clarification regarding timely payment of GPF final payment to the retiring Government servant - regarding

T.. 3/7/2024-P&PW(F) (10139)

भारत सरकार Government of India

कार्मिक, लोक शिकायत और पेंशन मंत्रालय Ministry of Personnel, PG & Pensions

पेंशन एवं पेंशनभोगी कल्याण विभाग Department of Pension & Pensioners' Welfare

***

लोक नायक भवन 3rd Floor, Lok Nayak Bhawan

खान मार्केट नई दिल्ली Khan Market, New Delhi-110003

OFFICE MEMORANDUM

दिनांक Dated:

25.10.2024

Subject : Clarification regarding timely payment of GPF final payment to the retiring Government servant - regarding।

Recently few references regarding interest on delayed payment of GPF to the retired

Government have been received for clarification whether interest is payable on GPF after

retirement.

2.

In this connection, it may be stated that detailed clarifications regarding timely

payment of GPF final payment to the retiring Government servant were

furnished to all Ministries/Departments vide this Departments' Office Memorandum

No.3/3/2016-P&PW(F) dated 16 January, 2017 (copy enclosed).

3. The per 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.

4. 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 Rule 11(4) of GPF Rules, in case the GPF balance is not paid on retirement,

interest on the GPF balance is required to be paid for the period beyond the date of

retirement also.

5.

This issues with the approval of competent authority.

Encl - As above.

To,

Paley

-25.10.2024

(दिलीप कुमार साहू) / (Dilip Kumar Sahu)

अवर सचिव, भारत सरकार / Under Secretary to the Govt. of India

Tele. No. 011-24641627

All the Ministries / Departments/organisations (As per Standard List)