Pages

GPF Social security cum pf scheme

SOCIAL SECURITY-CUM-P.F. SCHEME ( Booster Scheme) Rule 30 A a) The Additional amount payable under this rule shall not exceed Rs. 20,000/- b) The Subscriber should have put in at least 5 years of service at the time of his death. c) The accounts officer in the A.G’ s Office will authorize the payment of the amount. 42 – d) On the death of a subscriber in service, the person (s) eligible to receive P.F. Balance, will be entitled for an additional amount equal to the average balance in the account of the subscriber should not have fallen below the following limits at time- – For G.O. s- Rs. 8,000/- – N.G.O’ s- Rs. 6,000/- – Class IV. Rs. 2,000/- • For this purpose as also for checking the minimum balance prescribed the post which the subscriber was holding for the greater part of three years, Immediately prior to death, shall be taken into account for purpose of reckoning the minimum balance limits.