General Provident Fund PF , GPF, TTF Rules 1935 for Departmental Tests Paper Code 97
Eligibility for subscription:
[1] Compulsory to all Regular Government employees on completion of one Year
service.
[2] Last Grade Servants who completed 5 years of service or whose date of Retirement is at least 10 years a head.
[3] The recovery of subscription shall commence only after the account number is assigned.
[4] If the subscription is recovered without allotment of GPF account number, it will be credited to suspense amount and may lead to missing credits.
Rate of Subscription & Interest
[1] 6 % on basic pay to the Regular employees if insured with APGLI/LIC/PLI. If not 12% on basic pay
[2] 4% on basic pay to the Class -IV employees
[3] Present rate of interest is 9% p.a. w.e.f. 1-4-2002 and onwards
[Authority: G.O.Ms.No. 703 Finance [Pension.II] Dept. dt. 19-7-2002.]
[4] The rate of interest is 8% p.a. w.e.f. 01-4-04 onwards
[G.O.Ms.No. 625 Fin.(Pension.II)Dept.dt.2-9-2004]
[4] Maximum amount subscribed to GPF shall not exceed one’s basic pay after allowing sufficient amount for subsistence.
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