When and how can a partial Final Withdrawal be sanctioned?
The competent authorities may sanction Partial Final Withdrawal from balances at credit of the subscriber on completion of 20 years of service during the last 10 years of service, whichever is earlier.
Can any amount other than subscriptions and refund be credited to the GPF?
Unless specifically provided for by the Government no amounts like Leave Salary Encashment, Pay Arrears etc., can be credited to the GPF.
What is the maximum limit of subscription?
A subscriber may at his option, propose subscription higher than the minimum subject to maximum of basic pay of the post held by him.
What is the minimum amount of subscription?
As per the provisions under Rule12 of KGPF Rules,2016-
The minimum rate of monthly subscription payable by a subscriber shall be fixed at the rate of 4 percent of the mean of the Time Scale of Pay of the post held by the subscriber.
Note: ‘Average pay’ means the amount equal to the mean between the minimum and maximum of Time Scale of Pay of the post held by the subscriber.
The minimum rate of monthly subscription payable by a subscriber shall be fixed at the rate of 4 percent of the mean of the Time Scale of Pay of the post held by the subscriber.
Note: ‘Average pay’ means the amount equal to the mean between the minimum and maximum of Time Scale of Pay of the post held by the subscriber.
Who is eligible to join the Fund?
a. Subscription to the Fund is compulsory for Government servants except Group “D” employees in pensionable service,
b. Every temporary Government servant from the date of completing two years of continuous service.
(Rules 5 (1) to (4) w.e.f June 2002).
b. Every temporary Government servant from the date of completing two years of continuous service.
(Rules 5 (1) to (4) w.e.f June 2002).
Is an adopted child a member of the family?
Yes, if under the personal law of the subscriber, adoption is legally recognized as conferring the status of a natural child. (Note (1) under Rule 9)
What constitutes ‘Family’ for the purpose of GPF rules?
The GPF subscription of an employee of the Government of Karnataka is governed by Karnataka General Provident Fund Rules, 2016 2(e)
In the case of a male or female subscriber, the Wife or Wives or Husband, Parents, Children, Minor Brothers, Unmarried Sisters, deceased Son’s Widow and Children and where no parents of the Subscriber is alive, a paternal grandparent .
In the case of a male or female subscriber, the Wife or Wives or Husband, Parents, Children, Minor Brothers, Unmarried Sisters, deceased Son’s Widow and Children and where no parents of the Subscriber is alive, a paternal grandparent .