STAFF PORTAL- CGE NEWS PORTAL

State Railway Provident Fund – Rate of interest from April 2018 to June 2018- RBE No. 59/2018 RBE No. 59/2018 GOVERNMENT OF INDIA (BHARAT SARKAR) MINISTRY OF RAILWAYS (RAIL MANTRALAYA) (RAILWAY BOARD) No. F(E)III/2003/PF/1/1 New Delhi, Dated : 18.04.2018 The GMs/Principal Financial Advisers, All Zonal Railways/Production Units etc., (As per mailing list)   Subject:- State Railway Provident Fund – Rate of interest during the year 2018-19 (April, 2018 to June, 2018). A copy of Government of India’s Resolution No. 5(1)-B(PD)/2018 dated 11th April, 2018 issued by the Ministry of Finance /Department of Economic Affairs) prescribing interest at the rate of 7.6% (Seven point six per cent) w.e.f. 1st April, 2018 to 30th June, 2018 on accumulations at the credit of the subscribers to State Railway Provident Fund, is enclosed, for information and necessary action. Sd/- (G. Priya Sudarsani) Joint Director, Finance (Estt.), Railway Board Source:-   AIRF I...

Resolution - GPF and Other Similar Funds - 2017- Interest Rate effective from 01st October, 2017 (PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA) F.NO. 5(1)-B(PD)/2017 Government of India Ministry of Finance Department of Economic Affairs (Budget Division) New Delhi, the 23rd October, 2017 RESOLUTION It is announced for general information that during the year 2017-2018, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.8% (Seven point eight per cent) w.e.f. 1st October, 2017 to 31st December, 2017. This rate will be in force w.e.f.1st October, 2017. The funds concerned are:— 1. The General Provident Fund (Central Services). 2. The Contributory Provident Fund (India). 3. The All India Services Provident Fund. 4. The State Railway Provident Fund. 5. The General Provident Fund (Defence Services). 6. The Indian Ordnance Department Provident Fund. 7. The Indian Ordnance Factor...

Clarification regarding timely payment of GPF final payment to the retiring Government servant No 3/3/2016-P&PW (F) Ministry of Personnel, PG & Pensions Department of Pension & Pensioners' Welfare Desk-F 3rd Floor, Loft Nayak Bhavan, Khan Market, New Delhi-110003 Dated 16th January 2017. OFFICE MEMORANDUM Subject: Clarification regarding timely payment of GPF final payment to the retiring Government servant - regarding During review meetings held to evaluate the status of implementation of Bhavishya with Ministries/Departments, it was observed that GPF final payment in many cases is not being paid to the retiring Government servants immediately on retirement from service leading to payment of interest for the delayed period. 2. Rule 34 of General Provident Fund (Central Service) Rules clearly provides that when the amount standing at the credit of a subscriber in the General Provident Fund becomes payable, it shall be the duty of the Accounts Officer to make...

GPF Interest Rates at 8.00% w.e.f. 01st January, 2017 to 31st March, 2017 (PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA) F.NO. 5(1)-B(PD)/2016 Government of India Ministry of Finance Department of Economic Affairs (Budget Division) New Delhi, the 18th January, 2017 RESOLUTION It is announced for general information that during the year 2016-2017, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8.0% (Eight per cent) w.e.f. 1st January, 2017 to 31st March, 2017. This rate will be in force w.e.f. 1st January, 2017. The funds concerned are:— 1. The General Provident Fund (Central Services). 2. The Contributory Provident Fund (India). 3. The All India Services Provident Fund. 4. The State Railway Provident Fund. 5. The General Provident Fund (Defence Services). 6. The Indian Ordnance Department Provident Fund. 7. The Indian Ordnance Factories Workmen’s Provident Fund. 8. The Indian Naval Do...

Notified Resolution- 7th Central Pay Commission MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Pension and Pensioners’ Welfare) RESOLUTION New Delhi, the 4th August, 2016 No. 38/37/2016-P&PW (A) .— The Terms of Reference of the Seventh Central Pay Commission as contained in Ministry of Finance (Department of Expenditure) Resolution No.1/1/2013-E.III (A) dated 28.2.2014 included the following: Read:- Revised 7th CPC Pension & Arrear Calculator “To examine the principles which should govern the structure of pension and other retirement benefits, including revision of pension in the case of employees who have retired prior to the date of effect of these recommendations, keeping in view that retirement benefits of all Central Government employees appointed on and after 01.01.2004 are covered by the New Pension Scheme (NPS).” 2. The Commission, on 19th November, 2015, submitted its report to the Government on Terms of Reference as con...

Casual labourers with temporary status — clarification regarding contribution of GPF and Pension under the Old Pension Scheme No .49014/2/2014 -Estt(C) Government of India Ministry of Personnel, P.G. & Pensions Department of Personnel & Training North Block, New Delhi, Dated the 28th July, 2016 OFFICE MEMORANDUM Subject: Casual labourers with temporary status — clarification regarding contribution of GPF and Pension under the Old Pension Scheme. The undersigned is directed to refer to this Department's OM of even number dated 26th February, 2016 on the above subject and to say that some references have been received in this Department from various Ministries/Departments seeking a clarification with regard to the Para 7 of the referred OM. 2.The OM was issued in consultation with Department of Expenditure and the Department of Pension and PW. It was clarified vide that OM that this Department's 0.M dated 26th April, 2004 had been quashed in a series of Orders...

Press Information Bureau  Government of India Ministry of Labour & Employment 07-December-2015 18:17 IST DA for Pensioners under PF  The minimum pension for pensioners under Employees’ Pension Scheme (EPS), 1995 remains at Rs. 1000/- per month. The Union Cabinet in its meeting held on 29.04.2015 has approved continuation of minimum pension of Rs. 1000/- per month under EPS, 1995 beyond 2014-15 in perpetuity with certain conditionalities. The deductions on account of benefits availed by pensioners on the basis of choice exercised at the time of making claim like Commutation, Return of Capital and Short Service Pension are continued to be applied on the minimum pension amount.  There is no proposal under consideration at present for providing inflation-linked Dearness Allowance (DA) to pensioners of EPS, 1995. The issue of index-linking of pension by fully neutralizing inflation was considered by the Expert Committee constituted by the Government in th...