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Maximum amount of Death Gratuity admissible is Rs.
This one time lump sum payment is distinct from retirement gratuity and is paid over and above the retirement gratuity. Issue of No Demand Certificate Dues owed by the retiring employees on account of Licence Fee for Government accommodation, advances, over payment of pay and allowances are required to be assessed by the Head of Office and intimated to the Accounts Officer two months in advance of the date of retirement so that these are recovered from retirement gratuity before payment.
For this purpose the Licence Fee for those in occupation of Government accommodation is taken into account up to the end of the permissible period for which accommodation can be retained after retirement under the Rules on normal rent.
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The recovery of Licence Fee beyond that period is the responsibility of the Directorate of Estates. General Provident Fund and Incentives As per General Provident fund Central Services Rules, all temporary Government servants after a continuous service of one year, all re-employed pensioners Other than those eligible for admission to the Contributory Provident Fund and all permanent Government servants are eligible to subscribe to the Fund.
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However, these rules are not applicable to any of the Government Servants who join service on or after 1. A subscriber, at the time of joining the fund is required to make a nomination, in the prescribed form, conferring on one or more persons the right to receive the amount that may stand to his credit in the fund in the event of his death, before that amount has become payable or having become payable has not been paid.
A subscriber shall subscribe monthly to the Fund except during the period when he is under suspension. Subscriptions to the Provident Fund are stopped 3 months prior to the date of superannuation.
Rate of interest varies according to notifications of the Government issued from time to time. The conditions for withdrawal from the fund have been liberalized and now no documentary proof is required to be furnished by the subscriber for GPF withdrawal.
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On retirement of a subscriber, instructions have been issued for immediate payment of final balance on retirement. No application is required to be submitted by the subscriber for final payment from the fund.
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Deposit Linked Insurance Scheme Under the GPF Rules, on the death of subscriber, the person entitled to receive the amount standing to the credit of the subscriber shall be paid an additional amount equal to the average balance in the account during the 3 years immediately preceding the death of the subscriber subject to certain conditions provided in the relevant Rule. The additional amount payable under that Rule shall not exceed Rs.
Contributory Provident Fund The Contributory Provident Fund Rules India, are applicable to every non-pensionable dating site zo obagi formula of the Government belonging to any of the services under the control of the President. A subscriber, at the time of joining the Fund is required to make a nomination in the prescribed Form conferring on one or more persons the right to receive the amount that may stand to his credit in the Fund in the event of his death, before that amount has become payable or having become payable has.
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