The account maintained in respect of a subscriber shows the particulars of Opening Balance, subscriptions, refunds, amounts credited to the Fund like dearness allowance, pay revision arrears etc., withdrawals made, interest allowed and closing balance.Sanctions for Temporary Advances/Part final withdrawals received from the departments are also recorded in the account.

6 % on basic pay to the Regular employees. Maximum amount subscribed to GPF shall not exceed  basic pay of the employee.

Rate of Subscription

The amount of subscription is fixed by the subscriber himself. However, it cannot be less than 6% of the basic pay and not more than the basic pay(For class IV employees the percentage is…..). The minimum subscription is determined on the basic pay drawn on 31st March of the preceding financial year. Subscription may be enhanced twice and reduced once during the financial year.

Conditions for Subscription

The subscriber shall subscribe monthly to the Fund, except during:

  • Period of suspension
  • Last four months of service before retirement

A subscriber on reinstatement after a period of suspension is allowed to pay in lump or in installments any sum not exceeding the maximum amount of arrear subscriptions permissible for that period. A subscriber may at his option choose not to subscribe during leave without allowances or leave on half-pay. Arrears due to the subscriber after retirement should be paid to the subscriber and should not be credited to GPF.