practice of keeping passbook for general provident fund accounts

 Subject : Matter of implementing the practice of keeping passbook for general provident fund accounts


Reference : (1) Finance Department Resolution No. : PFR-1084-829-Ch Dated 11/04/1985 (2) Finance Department Resolution No. : PFR-1085-95-Ch Dated 05 /08/1985




                 Pursuant to the resolution (1) referred to above, the practice of collection and distribution of GPF passbooks of Class-3 employees has been introduced by the Government since 01/04/1985. Instructions have been given to maintain only one copy of the passbook from the resolution (r) referred to in the said reference. All deductions, sanctioned advances, withdrawals etc. of the employee during the year have to be recorded in this passbook. Also note of interest accrual should be made based on the slip of annual balance of General Provident Fund for that year received by the employee.




                The Withdrawal and Disbursement Officer shall be responsible for each entry in the passbook. Withdrawal and Disbursement Officer shall be responsible for proper maintenance of passbook and further payment made to the employee on the basis of advance or part final withdrawal. Therefore, as per the above resolution, all the Taluka Primary Education Officers are requested to take note of the instructions of the above referenced resolutions to implement the practice of maintaining the passbook of General Provident Fund savers.

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