TIMELY PAYMENT OF GPF FINAL PAYMENT TO RETIRING GOVERNMENT SERVANT AND INTEREST PAYABLE ON GPF AFTER RETIREMENT

TIMELY PAYMENT OF GPF FINAL PAYMENT TO RETIRING GOVERNMENT SERVANT AND INTEREST PAYABLE ON GPF AFTER RETIREMENT

Ministry of Personnel, PG and Pensions, Government of India, New Delhi has issued Office Memorandum dated 25.10.2024 regarding timely payment of GPF Final Payment to retiring Government Servant and interest is payable on General Provident Fund (GPF) after retirement.

It has been clarified that Rule 34 of General Provident Fund Central Service Rules, 1960 clearly provides that when amount standing at the credit of a subscriber in the General Provident Fund becomes payable, it shall be duty of the Accounts Officer to make payment.

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.

See GPF Office Memorandum

Joint Consultative Machinery (JCM) for Central Government Employees submitted letter to the Hon'ble Prime Minister of India, New Delhi for extension of Ayushman Bharat Pradhan Mantri Jan Arogya Yojna as an additional benefit to the beneficiaries of CGHS and ECHS.

CABINET APPROVED 78 DAYS BONUS TO THE RAILWAY STAFF

As per News, performance-linked 78 day bonus (PLB) for 12 lakh non-gazetted railway employees  has been approved by the the Union Cabinet today ahead of Dussehra.

CONFEDERATION DEMANDED DECLARATION OF DA/DR, PRODUCTIVITY LINKED BONUS AND BONUS.

Confederation of Central Government Employees and Workers submitted a letter dated 30.09.2024 to the Hon'ble Finance Minister of India, New Delhi regarding non declaration of the due installment of DA/DR w.e.f. 01.07.2024, normally it used to be declared in the last week of September and three months arrears paid in the first week of October.

Letter has been sent due to severe discontent amongst employees and pensioners, over the delay in announcement of the same.

As Durga Puja festival is approaching and the PLB and adhoc bonus too are to be declared.

Confederation Letter