Pension GPF GISS

GPF (WBS) RULES (Synoptic note)

Pension, PF & GIS
This is a synoptic note about the GPF (General Provident Fund) (West Bengal Services) Rules. These rules apply to all full-time West Bengal Government employees. The first entry in the fund is after one year of continuous service. Employees need to obtain a GPF Account Number from A.G., West Bengal before completing one year for Gr. A, Gr. B, and Gr. C employees, while appointing authorities or D.D.O. maintain the accounts for Gr. D employees. The subscription should be between 6% of total emoluments and total emoluments. The subscription may be increased or reduced each February. Subscription should be stopped three months before retirement. beside that, it offers I.T exempts subscriptions up to Rs. 1.5 lakh for every year. The interest rate on deposit changes every year. Advance of up to 50% or 75% may be taken to fund education, marriage, illness, and land/building purchases/construction. Part-final withdrawals of 50%, 75%, or 90% can be made after 15 years of service or within 10 years of retirement. To withdraw, employees must fill out Form 10A and Form 10B and provide a DDO Certificate for the previous 12 months. Refundable advances can also be turned into non-refundable advances if specific conditions are met.
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Pension, Family Pension, Gratuity and Commutation of Pension (Synoptic note)

Pension, PF & GIS
This document explains the rules and guidelines for government employees who will receive a pension, family pension, gratuity and commutation of pension. To qualify for a full pension, an employee should have worked for at least 20 years, but those with 10 years of service or more can receive a proportionate pension. Additional pension and family pension are available for employees of certain ages or in specific situations. The gratuity amount depends on the length of service and the reason for leaving the job. Commutation of pension allows for up to 40% of the pension amount to be taken as a lump sum. The document also mentions the documents needed for applying for pension and provides information on other related rules and regulations.
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