அறிவைத் தேடி ..................8
அறிவைத்
தேடுவோம்
! அடுத்த
தலைமுறை
வளர்ப்போம்
!
1.
How many times in a year advance from GPF can be
availed?
Ø
Even though the orders specify that at least four
months’ time gap is required in between two advances and six months time gap for
withdrawals, the sanctioning authority may relax this rules. In many circles,
the officials are drawing GPF advance as second salary in every
month.
2.
What is the qualifying service required for an
employee for apply withdrawal from GPF? Is there any further relaxation
available?
Ø
As per Rule 15(i) (A) of the GPF Rules, one should
have completed 15 years of service or be should have less than 10 years for his
superannuation for making withdrawal from the
GPF.
However as per Rules
15(i) (B), the condition need not be applied in case of purchase of ready built
house/flat, purchase of site, Construction of house, repairs, reconstruction or
repayment of loan taken for the said
purposes.
3.
Whether the GPF advance already taken may be
converted as part final
withdrawal?
Ø
Yes. GPF advance already availed may be converted
in to part final withdrawal, subject to requisite conditions and approval of the
competent authority.
4.
Whether the GPF accumulations may be brought under
salary attachment?
Ø
No. As per section 60(i) of CPC 1908, deposits made
in GPF cannot be attached under a decree or order of a court of
law.
5.
Who are the persons the employee may nominate for
G.P.F payment in the event of his death? Whether it is compulsory to nominate
the spouse?
Ø
When the Government servant is having family, the
nomination should be only in favour of family members. According to GPF (CS)
Rules, any member of the family can be nominated. The subscriber is at liberty
even to exclude his wife in the nomination. Family includes spouse, parents,
children, minor brothers, unmarried sisters, deceased sons, widow, and children
etc. If nomination is made in favour of more than one person, the proportionate
share in which the amount will be payable should be specified clearly in the
relevant column. At any time, the nomination may be cancelled by the Government
servant. Similarly, the Government servant can nominate any one for Group
Insurance Scheme also.
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