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Monday, August 10, 2009

Amendment to GPF Rules

Ammendment to GPF Rules

MINISTRY OF PERSONNEL, PUBUC GRJEV ANCES AND PENSIONS
(Department of Pension and Pensioners Welfare)


New Delhi, the 27th May, 2009
S.O. 1529.-In exercise of the powers conferred by the proviso to article 309 and clause (5) of article 148 cfthe Constitution, and after consultation with the Comptroller and Auditor-General ofIndia in relation to persons serving in the Indian Audit and Accounts Department, the President hereby makes the following rules further to amend the General Provident Fund (Central Services) Rules, 1960, namely:-1. (1) These rules may be called the General Provident Fund (Central Services) Amendment Rules, 2009. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the General Provident Fund (Central Services) Rules, 1960, in rule 33-B, for clauses (a) and (b), the following clauses shall be substituted, namely :-
"(a) the balance at the credit of such subscriber shall not at anytime during the three years preceding the month of death have fallen below the limits of:- (i) Rs. 25,000 in the case of a subscriber holding a post in the Pay Band-2 (Rs. 9,300-34,800) or above and drawing a Grade Pay ofRs. 4,800 p.m. ormore as per Central GWiJ Service {Revised Pay) Rules, 2008; (ii) Rs. 15,000 in the case of a subscriber holding a post in the Pay Band-2 (Rs. 9,300-34,800) and drawing a Grade Pay of Rs. 4,200 p.m. or more but
less than Rs. 4,800 p.m. as per Central Civil Services (Revised Pay) Rules, 2008; (iii) Rs. 10,000 in the case of a subscriber holding a post in the Pay Band-2, Pay Band-lor Pay Band- 1S (Rs. 4,440-7,440) and drawing a Grade Pay of Rs. 1,400 p.m. or more but less than Rs. 4,200 p.m. as per Central Civil Services (Revised Pay) Rules, 2008; (iv) Rs. 6,000 in the case of a subscriber holding a post in the Pay Band-IS (Rs.4,440-7,440) and drawing a Grade Pay ofRs. 1,300 p.m. or more but less than Rs. 1,400 p.m. as per Central Civil Services (Revised Pay) Rules, 2008; and (b) the additional amount payable under this rule shall not exceed Rs. 60,000." Note:- Pre-revised Scheme which existed before this Notification published in the Gazette of India vide S.O. 826 dated 25th April, 1998, shall apply in cases of death of subscriber on or before the publication of this date and to whom aforesaid amended rule 33-B does not apply.

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