G.P.F. Rules 1978

Punjab General Provident Fund Rules 1978
GOVERNMENT OF THE PUNJAB FINANCE DEPARTMENT
Compendium 2008 G.P.Fund Rules
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Chapter – I
The Punjab General Provident Fund Rules 1978
Part No. Description Page Number
1. General
2. Constitution of the fund
3. Nominations
4. Subscribers’ Accounts
5. Conditions and rates of subscriptions
6. Realization of subscriptions
7. Interest
Advances from the fund
9. Payment towards insurance policies and family pensions funds
10. Final withdrawal of accumulations in the fund
11. Procedure Rules
Chapter – II
The Punjab Contributory Provident Fund Rules 1978
Part No. Description Page Number
1. General
2. Constitution and Management of the fund
3. Nominations
4. Subscriber’s Account
5. Conditions and rates of subscriptions
6. Realization of subscriptions
7. Contribution by Government
8. Interest
9. Advances from the fund
10. Payment towards insurance policies and family pension funds
11. Circumstances in which accumulations are payable
12. Deductions
13. Payment
14. Pensionable service
15. Procedure
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Appendixes/Forms/ Ancillary instructions
Sr.No. Description Page Number
1. Appendix – I
2. Appendix – II
3. Appendix – III
4. Appendix- IV
5. Appendix – V
6. Forms
7. Ancillary instructions
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CHAPTER-I
THE PUNJAB GENERAL PROVIDENT FUND RULES
In exercise of the powers conferred by Section 23 of the
Punjab Civil Servants Act, 1974 and in supersession of the rules
contained in Chapter-XIII of C.S.R. (Punjab), Volume-II, the
Governor of the Punjab is pleased to make the following rules
namely:
THE PUNJAB GENERAL PROVIDENT FUND RULES
Part-I — General
1.1. (a) These rules may be called the Punjab General
Provident Fund Rules, 1978.
(b) They shall come into force at once.
1.2. (1) In these rules:
(a) “Accounts Officer” means such officer as may
be appointed in this behalf by the Auditor
General of Pakistan;
(b) Except where otherwise expressly provided
emoluments means pay, leave salary or subsistence
grant as defined in the Civil Service Rules
(Punjab), Volume-I;
(c) “Family” means:
(i) in the case of a male subscriber, the wife
or wives and children of a subscriber, and
the widow, or widows, and children of a
deceased son of the subscriber; provided
that if a subscriber proves that his wife has
been judicially separated from him or has
ceased under the customary law of the
community to which she belongs to be
entitled to maintenance she shall
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henceforth be deemed to be no longer a
member of the subscriber’s family in
matters to which these rules relate, unless
the subscriber subsequently indicates by
express notification in writing to the
Accounts Officer that she shall continue to
be so regarded;
(ii) in the case of a female subscriber, the
husband and children of a subscriber, and
the widow or widows and children of a
deceased son of a subscriber:
Provided that if a subscriber by notification in writing
to the Accounts Officer expresses her desire to exclude her
husband from her family, the husband shall henceforth be
deemed to be no longer a member of the subscriber’s family in
matters to which these rules relate, unless the subscriber
subsequently cancels formally in writing her notification excluding
him.
Explanation 1–“Children” means legitimate children.
Explanation 2–An adopted child shall be
considered to be a child only when the
Accounts Officer, or if any doubt arises in the
mind of the Accounts Officer, the Solicitor to
Government, Punjab, is satisfied that under
the law applicable to the subscriber adoption
is legally recognized as conferring the status
of a natural child.
Explanation 3– In a case in which a person
has given his child in adoption to another
person and if, under the law applicable to the
adaptor, adoption is legally recognized as
conferring the status of a natural child, such
a child shall for the purposes of these rules
be considered as excluded from the family of
the natural father.
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(d) “Fund” means the General Provident Fund;
(e) “leave” means any variety of leave recognized
by the Civil Services Rules (Punjab);
(f) “Year” means a financial year;
(g) “Continuous Service” means service which
includes all kinds of leave with or without pay
and Foreign Service.
(2) Any other expression used in these rules which is
defined either in the Provident Fund Act, XIX of 1925
(reproduced in Appendix 1) or in the Civil Services
Rules (Punjab), Volume-1, Part-1 is used in the sense
therein defined.
(3) Nothing in these rules shall be deemed to have the
effect of terminating the existence of the General
Provident Fund as heretofore existing or of
constituting any new Fund.
Part II — Constitution of the Fund
1.3. The Fund shall be maintained in Pakistan in rupees.
1.4. All Government servants in permanent, temporary or
officiating service (including probationary service) shall be eligible
to joining the fund:
Provided that a Government servant subscribing to a
Contributory Provident Fund shall not be eligible to join this Fund.
1.5. (1) (a) A Government servant who has completed 2
years’ continuous service shall subscribe to the
Fund compulsorily.
(b) Deleted vide Notification No. FD/SRI-2-3/83
(Prov) dated 02.04.1989. Previous version is
available at Sr. No.1 of page 106.
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(c) Government servant who has been re-employed
for more than 2 years shall subscribe to the
Fund compulsorily and those re-employed for 2
years or less shall be allowed to join the Fund as
optional subscriber.
(d) In the case of re-employed personnel whose
pension on re-employment is wholly or partly
held in abeyance, the rate of subscription shall
be determined on the basis of pay actually
receivable from Government ignoring the
amount of pension drawn separately.
(e) A Government servant appointed on contract
whose contract does not provide for subscription
to the Fund may be given the option to join the
Fund as compulsory subscriber.
(2) Any other Government servant may at his option join
the Fund.
1.6. (1) Government servant who exercises the option allowed
by rule 1.5 (2) may discontinue subscription to the
Fund at any time, but his right to the renewal of
subscription shall lapse if he discontinues
subscripting, more than three times.
*Explanation: Deleted.
(2) If a Government servant discontinues subscribing to
the Fund, his right to resume subscription lapses
under sub-rule (1). He shall be subject to the rights
and liabilities of a subscriber to the Fund; and he shall
not be allowed to finally withdraw his deposits except
on the happening of one of the contingencies provided
for in rule 1.33, 1.34 and 1.35.
(3) Once a subscriber has applied for the payment of the
amount in the Fund under sub-rule (c) of rule 1.33, he
shall not have the option to withdraw his application
* Deleted vide notification No. FD/SRI.2-3/83(Prov) dated 2-04-1983.
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even if he is retained in service beyond the age of his
superannuation.
Part III — Nominations
1.7. (1) A subscriber shall, as soon as may be after joining the
Fund, send to the Accounts Officer, a nomination
conferring on one or more persons the right to receive
the amount that may stand to his credit in the Fund, in
the event of his death before that amount has become
payable, or having become payable has not been
paid:
Provided that if, at the time of making the nomination,
the subscriber has a family the nomination shall not
be in favour of any person other than members of his
family.
Explanation –A declaration made by a Muslim
subscriber in favour of his adopted child should not be
accepted, as adoption is not recognized by Islamic
Law.
(2) If a subscriber nominates more than one person under
sub-rule (1), he shall specify in the nomination the
amount or share payable to each of the nominees in
such manner as to cover the whole of the amount that
may stand to his credit in the Fund at any time.
(3) Every nomination shall be in such one of the Forms
P.F.1, 1-A, 1-B, or 1-C, as is appropriate in the
circumstances.
(4) A subscriber may at any time cancel a nomination by
sending a notice in writing to the Accounts Officer:
Provided that the subscriber shall, along with such
notice, send a fresh nomination made in accordance with the
provisions of sub-rule (1) to (3).
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(5) Without prejudice to the provisions of sub-rule (4), a
subscriber shall along with every nomination made by
him under this rule send to the Accounts Officer a
contingent notice of cancellation which shall be in
such one of the Forms P.F. 2 or 2-A, as is appropriate
in the circumstances.
(6) Immediately on the occurrence of any event by reason
of which the contingent notice of cancellation referred
to in sub-rule (5) becomes operative and the
nomination to which that notice relates consequently
stands cancelled, the subscriber shall send to the
Accounts Officer a fresh nomination made in
accordance with the provisions of sub-rule (1) to (3).
(7) Every nomination made, and every notice of cancellation
given by a subscriber, shall, to the extent it is
valid, take effect on the date on which it is received by
the Accounts Officer.
(8) Nothing in sub-rule (1) to (3) shall be deemed to
invalidate, or to require the replacement by a
nomination thereunder of, a nomination duly made
before, and subsisting on the date of *promulgation of
these rules:
Provided that in respect of every such nomination, the
subscriber shall as soon as may be after the said date send to
the Accounts Officer a contingent notice of cancellation in such
one of the Forms P.F. 2 or 2-A as is appropriate in the
circumstances.
Part IV — Subscribers’ Accounts
1.8. An account shall be prepared in the name of each
subscriber and shall show the amount of his subscriptions with
interest thereon calculated as prescribed in sub-rule (2) of Rule
1.13.
*Substituted for the words “this notification” vide notification No.
FD/SRI-2-3/83 (Prov) dated 02.04.1989.
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Part V — Conditions and rates of subscriptions
1.9. (1) Except as provided in rule 1.6 a subscriber shall
subscribe monthly to the Fund except during a period
of suspension:
*1st proviso deleted.
**Provided that a subscriber on re-instatement after a
period passed under suspension shall pay the arrears
of subscription for the period of suspension in one
sum or, at his option, in monthly installments equal to
the amount of his monthly subscription.
(2) Deleted vide notification No. FD/SRI-2-3/83 (Prov)
dated 02.04.1989. Previous version is available at Sr.
No. 5 of page 106.
(3) No deduction of the monthly subscription shall be
made from the pay bill of a subscriber for the month in
which his application under sub-rule (c) of rule 1.33 is
made.
Explanation –A civilian Government servant when called to
army service, including employment in the Army in Pakistan
Reserve of Officers, will continue to subscribe to the Fund
in accordance with these rules. Subscription to the Fund will
be optional in the case of those who may be employed in
Military service out of Pakistan. ***While in Military employ
subscription to the Fund will be calculated according to the
basic pay scale to which he would have been entitled had
he continued in civil employ.
*First provio deleted vide notification No.FD/SRI.2-3/83(Prov) dated 2-
04-1989.
**2nd proviso was substituted vide notification No. FD/SRI-2-3/83
(Prov) dated 02.04.1989.
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@ *1.10. (1) The subscription shall be at a fixed rate for every
Government servant as given in the following table:
STATEMENT SHOWING UNIFORM RATE OF
SUBSCRIPTION
TOWARDS GENERAL PROVIDENT FUND EFFECTIVE
FROM
1ST SEPTEMBER 2005 VIDE CIRCULAR LETTER
NO. FD.SR.I-2-1/95 DATED 8TH SEPTEMBER, 2005
BS Min. Max. Mean Rate of
monthly
subscription
Remarks
1 2 3 4 6 7
BS Rs. Rs. Rs. Rs.
1 2150 4100 3125 100
2 2200 4450 3325 170
3 2275 4825 3550 180
4 2345 5345 3845 190
5 2415 5865 4140 210
6 2485 6235 4360 220
7 2555 6755 4655 230
8 2655 7155 4905 250
9 2770 7720 5245 260
10 2865 8415 5640 280
11 2980 8980 5980 300
12 3155 9905 6530 520
13 3365 10715 7040 560
14 3565 11815 7690 620
15 3780 12930 8355 670
16 4375 14575 9475 760
17 7140 17840 12490 1000
18 9355 22855 16105 1290
19 14260 28360 21310 1700
20 16915 32245 24580 1970
21 18750 35970 27360 2190
22 20055 40215 30135 2410
Minimum rates of
subscription (on
mean) will be as
under:
BPS
Subscription
1 3.00%
2-11 5.00%
12-22 8.00%
*Substituted vide notification No. FD/SR-I-2-1/95 (Prov) dated 8TH
September, 2005.
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(2) For the purposes of sub-rule (1), the basic pay scale
of a subscriber shall be the scale to which he was
entitled on the first day of June of the preceding year.
(3) If the subscriber was on deputation in Pakistan or
abroad on the first June of the preceding year, his
basic pay scale shall, for the purpose of sub-rule (1),
be the scale to which he would have been entitled had
he not been on deputation.
(4) In the case of a subscriber who was not in
Government service on the 1st June of the preceding
year, the basic pay scale, for the purposes of sub-rule
(1), shall be the scale to which he was entitled on the
first day of his service or, if he joined the Fund for the
first time under the operation of rule 1.5 on a date
subsequent to the first day of his service, the scale to
which he was entitled on such subsequent date.
(5) The amount of subscription shall remain unchanged
throughout the year.
(6) The amount of subscription of a subscriber is not to be
varied during the course of the year on account of any
change in his basic pay scale which may be found to
be due retrospectively from the first June of the
preceding year.
1.11. When a subscriber is transferred to Foreign
Service or sent on deputation out of Pakistan he shall remain
subject to the rules of the Fund in the same manner as if he were
not so transferred or sent on deputation.
Part VI — Realization of Subscriptions
1.12 (1) When pay is drawn *(from a Government treasury in
Pakistan or through a Pakistan embassy abroad),
recovery of subscriptions and of the principal and
*Substituted for the words “in Pakistan or abroad” vide notification No.
FD/SRI-2-3/83 (Prov) dated 02.04.1989.
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interest of advances shall be made from the
emoluments themselves.
(2) When emoluments are drawn from any other source,
the subscriber shall forward his dues monthly to the
Accounts Officer.
(3) If a Government servant fails to subscribe with effect
from the date on which he is required to join the Fund
under rule 1.5 the total amount due to the Fund on
account of arrears of subscription shall, with interest
thereon at the rate provided in rule 1.13, forthwith be
paid by the subscriber to the Fund, or in default be
ordered by the Accounts Officer to be recovered by
deduction from the emoluments of the subscriber by
installments or otherwise, as may be directed by the
authority competent to grant an advance under
sub-rule(1) of rule 1.14.
Part VII — Interest
1.13 *(1)(a) Subject to the provisions of sub-rule (5)
below, Government shall pay to the credit
of the amount of a subscriber interest at
such rate as may be determined for each
year according to the method of calculation
prescribed from time to time by the
competent authority;
Provided that, if the rate of interest
determined for a year is less than 4%, all
existing subscribers to the Fund in the year
preceding that for which the rate has for
the first time been fixed at less than 4 per
cent, shall be allowed interest at 4 per
cent;
Provided further that Government servants who
are re-employed after retirement shall be entitled
to a rate of interest as admissible to other
Government servants from time to time. Those
entitled to the rate of interest at 4% before
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retirement will not be entitled to the same rate
on re-employment.
*(b) In addition to the interest mentioned in clause
(a) of this sub-rule, an amount equal to 30% the
amount of interest calculated according to the
prescribed method shall also be credited to the
account of the subscriber for each year.
(2) Interest shall be credited with effect from the last day
in each year in the following manner:
i) on the amount at the credit of a subscriber on
the last day of the preceding year, less any
sums withdrawn during the current year –
interest for twelve months;
ii) on sums withdrawn during the current yearinterest
from the beginning of the current year
up to the last day of the month preceding the
month of withdrawal;
iii) on all sums credited to the subscribers’ account
after the last day of the preceding year – interest
from the date of deposit up to the end of the
current year;
iv) the total amount of interest shall be rounded to
the nearest whole rupee (fifty paisa counting as
the next higher rupee):
Provided that when the amount standing at the credit
of a subscriber has become payable, interest shall
thereupon be credited under this clause in respect
only of the period from the beginning of the current
year or from the date of deposit, as the case may be
up to the date on which the amount standing at the
credit of the subscriber became payable.
*Sub-rule (1) of rule 1.13 was renumbered as 1(a) and Clause (b) was
added vide notification No. FD/SRI-2-3/83 (Prov) dated 02.04.1989.
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(3) In this rule, the date of deposit shall, in the case of a
recovery from emoluments, be deemed to be the first
day of the month in which it is recovered; and in the
case of an amount forwarded by the subscriber shall
be deemed to be the first day of the month of receipt,
if it is received by the Accounts Officer before the fifth
day of that month, but if it is received on or after the
fifth day of that month the first day of the next
succeeding month.
(4) In addition to any amount to be paid under rule 1.32,
1.33 or 1.34, interest thereon up to the end of the
month preceding that in which the payment is made,
shall be payable to the person to whom such amount
is to be paid:
Provided that where the Accounts Officer has
intimated to that person (or his agent) a date on which he is
prepared to make payment in cash, or has posted a cheque, in
payment to that person, interest shall be payable only up to the
end of the month preceding the date so intimated, or the date of
posting the cheque as the case may be:
Provided further that if the person entitled to the
payment does not send an application in that behalf within six
months of the date on which the amount standing to the credit of
the subscriber has become payable, interest shall not be payable
beyond the end of the sixth month after the month in which the
amount became payable.
(5) Interest shall not be credited to the account of a
Muslim subscriber if he informs the Accounts Officer
that he does not wish to receive it; but if he
subsequently asks for interest, it shall be credited with
effect from the first day of the year in which he asks
for it.
Explanation-When a subscriber intimates in writing
his intention to forego interest already accrued on his
deposits in the Provident Fund, the interest should be
withheld and credited to Government revenues.
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The interest already credited to the subscriber’s
account in such cases should be readjusted by debit
to his Provident Fund Account by contra-credit to the
object “61000-Interest” or head “1130000-Interest”)
according as the amount of interest was originally
credited to the subscriber’s account during the current
year or previous years.
(6) The interest on amounts which under sub-rule (3) of
rule 1.12, sub-rule (5) of rule 1.19, sub-rule (3) of rule
1.22, sub-rule (4) of rule 1.24, sub-rule (1) of rule
1.26, sub-rule 1 and 2 of rule 1.27, rule 1.23 or rule
1.33 are replaced at the credit of the subscriber in the
Fund shall be calculated at such rates as may be
successively prescribed under sub-rule (1) of this rule
and so far as may be in the manner described in this
rule.
Explanation 1– when a subscriber is ***(dismissed, removed
or compulsorily retired) from the service of Government but
has appealed against his ♦**(dismissal, removal or compulsory
retirement), the balance at his credit shall not be paid over to
him until final orders confirming the decision are passed on
his appeal. Interest shall however, be paid on the balance up
to the end of the month preceding that in which such orders
are passed.
Explanation 2– No interest shall be allowed on the amount
recovered on account of the General Provident Fund
subscription in excess of the actual amount due.
*Explanation 3– The adjustment of overpayment shall be
made from the balance outstanding in the General
Provident Fund of the subscriber to the extent of interest in
that amount and not from the contribution made by the
official from his salary.
*Substituted for the word “dismissed” vide notification No.
FD/SRI-2-3/83 (Prov) dated 02.04.1989.
**Substituted for the word “removal” vide notification No.
FD/SRI-2-3/83 (Prov) dated 02.04.1989.
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When the excess payment of subscription is adjusted by
short payments in subsequent months, interest should be allowed
for the latter months on the full amount due, the balance having
been already received in the former months.
Part VIII — Advances from the Fund
1.14. (1) A temporary advance may be granted to the subscriber
from the amount standing to his credit in the Fund
at the discretion of the competent authority subject to
the following conditions:
(a) No advance shall be granted unless sanctioning
authority is satisfied that the applicant’s
pecuniary circumstances justify it, and that it will
be expended on the following object or objects
and not otherwise:
i) to pay expenses incurred in connection
with the prolonged illness of the applicant
or applicant’s spouse or any person
actually dependent upon the applicant;
ii) to pay for the overseas passage for
reasons of health or education of the
applicant or any person actually dependent
on him;
iii) to pay obligatory expenses on a scale
appropriate to the applicant’s status in
connection with the marriages, funerals or
ceremonies which by his religion it is
incumbent on him to perform;
iv) to purchase a plot of land for the
construction of a house or to purchase a
house or to construct one for the
occupation of the subscriber himself or his
family on a piece of land owned by the
subscriber or to make additions to or
alterations in an existing house owned by
the subscriber, whether or not constructed
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or purchased with a house building
advance;
v) to purchase a conveyance (car, scooter,
motor cycle or bicycle);
(vi) to meet other expenditure which is
considered by the sanctioning authority to
be essential and unavoidable.
Explanation– A temporary advance may be granted to the
subscriber for the performance of Haj.
Note: In case falling under item (i) above, advances may be
granted by the sanctioning authority to pay debts
incurred; provided an application is made within a
reasonable time after the event to which it relates.
What is a reasonable time will be determined on the
merits of each case. Advances to pay debts incurred
in cases falling under item (ii) and (iii) require the
sanction of Government.
(b) The sanctioning authority shall record in writing its
reasons for granting the advances:
Provided that if the reason is of a confidential nature, it may
be communicated to the Accounts Officer personally and/or
confidentially.
(c) An advance other than that covered by clause (a) (iv)
and (v) shall not except for special reasons to be
recorded in writing by the sanctioning authority:-
(i) exceed three months pay or half the amount at
the credit of the subscriber in the Fund
whichever is less; or
(ii) unless the amount already advanced does not
exceed two thirds of the amount admissible
under clause (c) (i), be granted until at least
twelve months after the final repayment of all
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previous advances together with interest
thereon:
Provided that the above conditions shall not be relaxed in
the case of an advance falling under clause (a) (vi) above:
*Provided further that in no case the second advance shall
be granted before the final repayment of the previous advances
together with interest thereon;
Provided further that a second non-refundable advance
shall not be granted until a period of one year has elapsed since
the drawl of the previous advance.
(d) an advance under clause (a) (iv) shall be subject to
the following special conditions:
i) Advance shall in no case exceed twenty four
months pay of the subscriber or eighty per cent
of the amount at the credit of the subscriber in
the Fund, whichever is less;
ii) Advance granted for construction of a house
shall be paid in two equated installments;
iii) If the first installment is not utilized for the
purpose of construction of the house within eight
months of its drawl, it shall be refunded unless
the sanctioning authority extends this period;
iv) For the purpose of drawl of the second
installment the subscriber shall be required to
give under his hand a certificate to the effect that
he has actually utilized the first installment on
the construction of the house;
v) The subscriber shall not dispose of the house
purchased or constructed with an advance from
the Fund until the advance has been repaid or
the subscriber retires from Government service;
*Added vide notification No. FD/SRI2-3/83 (Prov) dated 02.04.1989.
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vi) Recovery shall be made at the rate of seven per
cent of the subscriber’s pay commencing from
the fourth issue of pay after the first installment
of the advance is drawn;
vii) In case a subscriber also draws or has drawn a
house building advance from Government, the
recovery on account of the advance from the
Fund shall commence immediately after the
advance obtained from Government has been
fully repaid with interest thereon.
(e) i) An advance for the purchase of car, scooter/
motor cycle or a bicycle shall not exceed:
In the case of car-12 months’ pay of the
subscriber or half the balance at his credit in
the Fund whichever is less;
In case of scooter/motor cycle — six months
pay of the subscriber or half the balance at
credit in the Fund, whichever is less;
In the case of a bicycle — four months pay of
the subscriber or half the balance at his credit
in the Fund, whichever is less.
ii) The subscriber shall give under his hand a
certificate to the effect that he has actually
utilized the advance for the purchase of the
conveyance for which the advance was applied
for.
iii) The subscriber shall not dispose of the
conveyance so purchased unless the advance
has been repaid or the subscriber retires from
Government service.
iv) In all cases in which the conveyance is sold
before the advance has been fully repaid with
interest, the sale proceeds must be applied, so
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far as may be necessary, towards the
repayment of any outstanding balance.
v) The recovery shall be made at the rate of seven
per cent of the subscriber’s pay commencing
from the fourth issue of pay after the drawl of the
advance.
# *vi) Advance drawn for conveyance (i.e. balance
thereof) shall become non-refundable on the
subscriber attaining the age of 50 years.
(2) In fixing the amount of an advance the sanctioning
authority shall pay due regard to the amount at the
credit of the subscriber in the Fund.
Explanation I–In sanctioning advances the instructions
given in Appendix-II and III ***should be carefully observed
by the authority competent to sanction the advances.
Explanation II– The authorities competent to grant
advances under this rule are give in Appendix-IV *****((to this
Chapter)).
1.15. After a subscriber has attained the age of fifty years, the
competent authority may, in its discretion, grant him an advance
for any of the purposes specified below subject to the conditions
mentioned against each purpose:
a) For construction of a house
on a piece of land owned by
the subscriber or to make
additions to or alternation in an
existing house owned by him.
(1) The advance shall mutatis
mutandis be governed by the
same terms and conditions as
applicable to an advance
under clause (a) (iv) of sub
rule (1) of rule 1.14.
Provided that, subject to
condition (3) no recovery of the
advance shall be made from
*Added vide F.D. notification No. FD-SRIV-2-15/79 dated 4th August
1980.
**Deleted vide notification No. FD/SRI-2-3/83 (Prov) dated
02.04.1989.
***Deleted vide notification No. FD/SRI-2-3/83 (Prov) dated
02.04.1989.
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the subscriber and the amount
advanced shall be treated as
part of the final payment of the
amount standing at the credit
of the subscriber when the
final payment becomes due.
(2) The first installment of the
advance shall be drawn only
after an agreement is executed
between the subscriber and
the Governor in Form P.F.9.
(3) In case the house is sold or
otherwise alienated by the
subscriber without repayment
of the advance and before his
retirement from service, the
subscriber shall forthwith repay
into the Fund the entire
amount of the advance
together with the interest
accrued thereon, in a lump
sum.
Compendium 2008 G.P.Fund Rules
23
(b) For purchase of a house for
his residence.
(1) The amount of the advance
shall not exceed eighty per
cent of the amount standing to
his credit in the fund.
(2) Subject to conditions (1),
(3) and (4) the advance shall,
mutatis mutandis, be governed
by the same terms and
conditions as applicable to an
advance under sub rule(a).
(3) In case the house is not
purchased within three months
of the drawl of the advance the
subscriber shall forth with
repay into the Fund the entire
amount of the advance
together with the interest
accrued thereon, in a lump
sum.
(4) The Advance may be
drawn in full at once but
satisfactory evidence shall be
produced before the Audit
Officer to show that the
Advance for the purchase of
the house has been spent
within three months of its
drawl. This can be done by
showing to the Audit Officer a
duly executed receipt for the
amount paid.
(5) The advance shall be
drawn only after an agreement
is executed between the
subscriber and the Governor
in Form P.F.10.
(c) For purchase of agricultural (1) The amount of the advance
Compendium 2008 G.P.Fund Rules
24
land from Government.
(d) For any of the following
purposes,
namely:
(i) to defray expense in
connection with the prolonged
illness of the subscriber or a
member of his family actually
dependent upon him.
(ii) To pay for the overseas
passage of the subscriber for
reason of health or for the
performance of Haj.
(iii) To pay for the overseas
passage for reasons of
education of any member of the
subscriber’s family actually
dependent on him and such
other lump sum expenditure as
admission or advance tuition
fees of any such members.
shall not exceed eighty
percent of the amount
standing at his credit in the
Fund.
(2) Subject to condition (1) the
advance shall mutatis
mutandis, be governed by the
same terms and conditions as
applicable to an advance
under sub rule(a).
Provided that the advance
may be drawn in lump sum if
so desired by the subscriber.
(3) The advance shall be
drawn only after an agreement
is executed by the subscriber
and the Governor in form
P.F.11.
@(1) The amount of the
advance shall not exceed 12
months pay of the subscriber
or 80 per cent of the amount
standing to his credit in the
Fund whichever is more).
(2) No recovery of an advance
under this clause shall be
made from the subscriber and
the amount shall be treated as
part of the final payment of the
amount standing at the credit
of the subscriber when the
final payment becomes due.
Compendium 2008 G.P.Fund Rules
25
(iv) To pay obligatory expenses
on a scale appropriate to the
subscriber’s status in
connection with funerals or
ceremonies which by his
religion it is incumbent upon him
to perform on in connection with
the marriage of any member of
his family actually dependent on
him.
♦@@1.16. A subscriber who has attained the age of 50 years may
draw non-refundable advance to the extent of 100% balance in
the account on the date of application for the grant of advance,
without assigning any reason.
♣@@@1.17. A subscriber shall be entitled to draw a second
advance, at any time, on non-refundable basis.
1.18. (1) The competent authority may in its discretion, grant
an advance for the construction of a house on non-
-refundable basis to a subscriber* who has attained
the age of 45 years. The rule shall also be applicable
to such of the subscribers who have already incurred
a liability to discharge to a financial institution in
connection with the construction of their house.
(2) The advance shall mutatis mutandis be governed by
the terms and conditions applicable to an advance
under sub-rules (a) and (b) of Rule 1.15.
1.19. (1) An advance shall be recovered from the subscriber in
such number of equal monthly installments as the
sanctioning authority may direct, but such number
shall not be less than twelve unless the subscriber so
elects, or in any case more than thirty six. A
@Rule 1.16 substituted vide Notification No. FD.SR.I-2-1/2000 dated 12th December
2002
@@Rule 1.17 substituted vide Notification No. FD.SR.I-2-1/2000 dated 29th May
2003
*Deleted vide notification No. FD.SR-1-2-1/76 dated 20th September
1982.
Compendium 2008 G.P.Fund Rules
26
subscriber may at his option, repay more than one
installment in a month. Such installment shall be a
number of whole rupees, the amount of the advance
being raised or reduced, if necessary, to admit of the
fixation of such installments.
(2) Recovery shall be made in the manner prescribed in
rule 1.12 for the realization of subscriptions, and shall
commence on the first occasion after the advance is
made on which the subscriber draws pay, or
remuneration on Foreign Service, for a full month.
Recovery shall not be made except with the
subscriber’s consent, while he is # *(on leave or) in
receipt of subsistence grant and may be postponed on
the subscriber’s written request, by the sanctioning
authority during the recovery of an advance of pay
granted to the subscriber.
Explanation I — The expression “advance of Pay” includes
any ordinary advance of pay granted under the relevant
rules, such as the rule 10.25 (a) and (f) of the Punjab
Financial Rules Volume-I, but does not include advances
for the building or repair of house or for the purchase of a
conveyance.
Explanation II — Deleted
(3) Deleted
(4) (a) After the principal of the advance has been fully
repaid, interest shall be paid thereon at the rate
of one-fifth per cent of the principal for each
month or broken portion of a month during the
period between the drawl and complete repayment
of the principal:
Provided that Muslim subscribers whose deposits in
the Fund carry no interest shall not be required to pay into the
*Deleted vide notification No. FD/SRI-2-3/83 (Prov) dated
02.04.1989.
Compendium 2008 G.P.Fund Rules
27
Fund any additional installments on account of interest on
advance granted to them from the Fund.
(b) Interest shall ordinarily be recovered in one
installment in the month after complete
repayment of the principal; but, if the period
referred to in sub-rule 4 (a) exceeds twenty
months, interest may, if the subscriber so
desires, be recovered in two equal monthly
installments. The method of recovery shall be
that prescribed in sub-rule (2).
Payments shall be rounded to the nearest rupee in the
manner prescribed in clause (iv) of sub-rule (2) of rule 1.13.
(5) If an advance has been granted to a subscriber and
drawn by him and the advance is subsequently
disallowed before repayment is completed, the whole
or balance of the amount withdrawn, shall, with
interest at the rate provided in rule 1.13 forthwith be
re-paid by the subscriber to the Fund, or in default be
ordered by the Accounts Officer to be recovered by
deduction from the emoluments of the subscriber by
installments or otherwise as may be directed by the
sanctioning authority:
Provided that Muslim subscribers whose deposits in
the Fund carry no interest shall not be required to pay any
interest.
(6) Recoveries made under this rule shall be credited as
they are made to the subscriber’s account in the Fund.
Part IX — Payments towards insurance policies and family
pensions funds
1.20. Subject to the conditions hereinafter contained in rule 1.21
to 1.36:
Compendium 2008 G.P.Fund Rules
28
(a) (i) subscriptions to a family pension fund approved
in this behalf by the competent authority; or
(ii) payments towards a policy of life insurance;
may, at the option of a subscriber, be substituted
in whole or part for subscription due to the Fund;
(b) the amount of subscription with interest thereon
standing to the credit of a subscriber in the Fund may
be withdrawn to meet:-
i) a payment towards a policy of life insurance;
ii) the purchase of a single payment insurance
policy;
iii) the payment of a single premium or subscription
to a family pension fund approved in this behalf
by the competent authority:
Provided that no amount shall be withdrawn (1) before
the details of the proposed policy have been submitted to the
Accounts Officer and accepted by him as suitable, or (2) to meet
any payment or purchase made or effected more than twelve
months before the withdrawal; or (3) in excess of the amount
required to meet a premium or subscription actually due for
payment within six months of the date of withdrawal:
Provided further that payment towards an educational
endowment policy may not be substituted for subscription to the
Fund and that no amount may be withdrawn to meet any
payment or purchase in respect of such a policy if that policy is
due for payment in whole or part before the subscriber’s age of
normal superannuation:
Provided further that amounts withdrawn shall be
rounded to the whole rupee.
Note 1: See also Explanation No. 4 below rule 1.24 (3).
1.21. (1) If the total amount of any subscriptions of payments
substituted under sub-rule (a) of rule 1.20 is less than
Compendium 2008 G.P.Fund Rules
29
the amount of the *subscription payable to the Fund
under rule 1.10 (1) the difference shall be rounded to
the nearest rupee in the manner provided in clause
(iv) of sub rule (2) of rule 1.13 and paid by the
subscriber as a subscription to the Fund.
Note: The period, for which the difference referred to in this
rule should be calculated for the purpose of affecting
the recovery, should be one financial year. Any
amount of subscription to a family pension fund or of
payments towards a policy of life insurance in excess
of the.,♣*(minimum)amount of subscription payable into
the General Provident Fund in any financial year
should not be set off against any difference payable
under this rule in respect of any other financial year.
(2) If the subscriber withdraws any amount standing to his
credit in the Fund for any of the purpose specified in
sub-rule (b) of rule 1.20 he shall, subject to his option
under sub-rule (a) of that rule, continue to pay to the
Fund, the subscription payable under rule 1.10:
Provided that no subscription shall be payable by a
Government servant who in exercise of the option allowed by rule
1.6 (1) has ceased to subscribe to the Fund.
1.22. (1) Subscriber who desires to substitute a subscription or
payment under sub-rule (a) of rule 1.20 may reduce
his subscription to the Fund accordingly:
Provided that the subscriber shall:
(a) intimate to the Accounts Officer on his pay bill or
by letter the fact of, and reason for, the
reduction;
(b) send to the Accounts Officer, within such period,
as the Accounts Officer may require receipts or
certified copies of receipts in order to satisfy the
Accounts Officer that the amount by which the
*Deleted vide notification No. FD/SRI-2-3/83 (Prov) dated 02.04.1989. ♣
Compendium 2008 G.P.Fund Rules
30
subscription has been reduced was duly applied
for the purposes specified in sub-rule (a) of rule
1.20.
(2) A subscriber who desires to withdraw any amount
under sub-rule (b) of rule 1.20 shall:
(a) intimate the reason for the withdrawal to the
Accounts Officer by letter;
(b) make arrangements with the Accounts Officer
for the withdrawal; and
(c) send to the Accounts Officer, within such period
as the Accounts Officer may require, receipts or
certified copies of receipts in order to satisfy the
Accounts Officer that the amount withdrawn was
duly applied for the purposes specified in
sub-rule (b) of that rule.
(3) The Accounts Officer shall order the recovery of any
amount by which subscriptions have been reduced or
of any amount withdrawn, in respect of which he has
not been satisfied in the manner required by clause
(b) of sub-rule (1) and sub-clause (c) of sub-rule (2)
with interest thereon at the rate provided in rule 1.13
from the emoluments of the subscriber, and place it to
the credit of the subscriber in the Fund.
1.23 (1) The Government shall not make any payment on
behalf of subscribers to Insurance Companies nor
take steps to keep a policy alive.
(2) A policy to be acceptable under these rules shall be
one effected by the subscriber himself on his own life
and shall (unless it is a policy effected by a male
subscriber which is expressed on the face of it to for
the benefit of his wife, or of his wives and children, or
any of them) be such as may be legally assigned by
the subscriber to the Governor of the Punjab.
Compendium 2008 G.P.Fund Rules
31
[Explanation-1- A policy on the joint lives of the subscriber
and the subscriber’s wife or wives or husband shall be
deemed to be a policy on the life of the subscriber for the
purposes of this clause.]
[Explanation-2- A policy which has been assigned to the
subscriber’s wife or wives shall not be accepted unless
either the policy is first re-assigned to the subscriber or the
subscriber and his wife both join in an appropriate
assignment.]
(3) The policy may not be affected for the benefit of any
beneficiary other than the wife or wives or husband of
the subscriber or the wife or wives or husband, and
children of the subscriber or any of them.
1.24. (1) The policy, within three months after the first
withholding of a subscription or withdrawal from the
Fund in respect of the policy; or in the case of an
insurance company whose headquarters are outside
Pakistan, within such further period as the Accounts
Officer, if he is satisfied by the production of the
completion certificate (interim receipt), may fix, shall:
(a) unless it is a policy effected by a male
subscriber which is expressed on the face of it to
be for the benefit of the wife or wives of the
subscriber, or if his wife or wives and children, or
any of them, except an Endowment Policy of the
usual type, be assigned to the Governor of the
Punjab as security for the payment of any sum
which may become payable to the Fund under
rule 1.29 and delivered to the Accounts Officer,
the assignment being made by endorsement on
the policy in Form P.F. 3 or Form P.F. 4 or Form
P.F. 5 according as the policy is on the life of the
subscriber or on the joint lives of the subscriber
and the subscriber’s wife or wives or husband or
the policy has previously been assigned to the
subscriber’s wife or wives;
(b) if it is a policy effected by a male subscriber
which is expressed on the face of it to be for the
Compendium 2008 G.P.Fund Rules
32
benefit of the wife or wives of the subscriber, or
of his wife or wives and children or any of them,
be delivered to the Accounts Officer.
(2) The Accounts Officer shall satisfy himself by reference
to the Insurance Company, where possible, that no
*(prior) assignment of the policy exists.
[Explanation — A policy on the life of a subscriber which is
not expressed on the face of it to be for the benefit of his
wife or wives, or his wife or wives and children or any of
them and which has been assigned to his wife or wives may
be accepted under sub-rule (1) (a) provided the wife or
wives joins in the assignment in favour of the Governor. The
assignment in such a case shall be made out in Form P.F. 4
the words “the joint assured” in that form being omitted. The
question of re-assignment of such a policy in a case in
which the assured dies before the date of maturity of the
policy and before his retirement should be referred for the
orders of Government together with the policy.]
(3) Once a policy has been accepted by an Accounts
Officer for the purpose of being financed from the
Fund, the terms of the policy shall not be altered, nor
shall the policy be exchanged for an other policy
without the prior consent of the Accounts Officer to
whom details of the alterations or of the new policy
shall be furnished.
[Explanation 1: i)–When a subscriber proposes to convert
a policy which has been assigned to the Governor of the
Punjab into a paid up policy it should first be ascertained
whether the Insurance Company intends to issue a new
document. If it does, the policy should be re-assigned to the
subscriber in the following form namely:]
“I _______________ Accountant-General, acting on behalf
of the Governor of the Punjab, hereby reassign unto
*The Word priorvide notification No. FD/SRI-2-3/83 (Prov) dated
02.04.1989.
Compendium 2008 G.P.Fund Rules
33
_______________________ the within policy of
assurance”.
The new policy should be assigned to the Governor of the
Punjab and handed over to the Accounts Officer.
If the company proposes to convert the policy into a paid-up
to by means of an endorsement thereon to that effect, the policy
should either be handed to the subscriber for transmission to the
Insurance Company or be sent direct by the Accounts Officer, but
in either case with a request that the policy when so endorsed by
the Company be returned direct to the Accounts Officer. If there
is thereby a radical change in the benefits derivable under the
policy a memorandum may be required to be endorsed and
signed by the Accounts Officer as well as the subscriber
acknowledging the altered position.
ii) In the case of paid-up policies it is necessary to see
that the paid up value of the policy is not less than the
amount of the premia diverted from the Fund. The
amount of interest which should have accrued on
such premia had they been left in the Fund should not
be taken into account in the calculation. If the paid up
value is less than the total of the sums withdrawn from
the Fund for premium payments, not including
interest, the subscriber should forthwith be required to
pay the difference into the Fund. Any profits stated by
the Company to have accrued on the policy up to the
date of its conversion, should however, be taken into
account in calculating the difference, only if the
company is prepared to guarantee the profits by
making an entry on the policy.
iii) In the case of a policy assigned to the Governor of the
Punjab which a subscriber wants to surrender the
policy may be re-assigned to the subscriber for the
purpose of the surrender, on the condition that he
pays the surrender value of the policy in to his Fund
Account, and if the surrender value be less than the
total of the sums diverted form the Fund for premium
payments and interest thereon, that he also repays
the difference into the Fund. In other words such
Compendium 2008 G.P.Fund Rules
34
cases should be treated like those of lapsed policies,
and the Fund Account has to be restored to what it
would have been had the premia not been paid out of
it.
iv) In cases both of paid up and surrendered policies in
which it is considered that the recovery in a single
installment of the difference to be paid into the Fund
Account will cause hardship to the individual
concerned, recovery should be effected in such
number of installments, not exceeding 36 as the Head
of the Department, may, with the concurrence of the
Accounts Officer, decide. If recovery is made in
installments interest will not be charged in the case of
paid up policies even for the period of actual recovery
but interest at the usual rate will be charged for this
period in the case of surrendered policies.
[Explanation 2– The provisions of Explanation-1 above
cover cases for final surrender of policies and not of
exchange of policies. Accordingly, a holder of a policy
assigned to Government who desires to improve his
position by replacing one policy by a better one should be
permitted to do so subject to the following conditions being
observed, namely:
i) The new policy should carry the same or a
larger amount of insurance.
ii) The premium in respect of the new policy should
not be more than the premium paid in respect of
the old policy.
iii) The new policy should mature within the same
year as the old policy.
iv) The new policy should be in force on the date on
which original policy is surrendered.)
[Explanation 3– A policy of Life Insurance may be
converted into an extended term policy if a Government
servant who has taken out a policy of life insurance may
Compendium 2008 G.P.Fund Rules
35
find after payment of premium for a certain number of years
that he is unable to continue further payments. In such an
event, certain insurance companies allow an option to the
assured to convert the policy into an extended term policy
on terms and conditions which are generally laid down at
the back of the policy. The features peculiar to such an
extended term policy are viz:
i) that the assured is covered for a specified period
beyond the date from which he ceases to pay
premia;
ii) that the company foregoes all future premia on
the policy;
iii) that the company undertakes to pay the assured
the full amount of the policy only in the event of
his death within the extended period; and
iv) that, if the assured survives that period, he is
entitled to receive nothing from the company; in
certain circumstances only a very nominal
amount.
[Explanation 4–Certain Insurance Companies issue
policies on the “term assurance” scheme, some of the
features peculiar to which are given below:
i) If the assured dies within the specified period,
assurance money becomes payable but if he
outlives that period no payment is made;
ii) No surrender value is allowed at any time; and
iii) The policyholder is given the option during the
currency of the policy of taking out a fresh policy
under any other plan issued by the company
concerned. This is restricted to
endowment/Assurance policies in certain
companies– without being required to pass a
medical examination. The premium payable and
other conditions attaching to the new policies,
Compendium 2008 G.P.Fund Rules
36
however, are the same as for a fresh entrant at
his age at the time of exercising the option, the
only tangible benefit obtained being that the
company is bound to issue him a policy
irrespective of the state of his health.
As these policies partake, in essential of the features of the
extended term policies referred to in Explanation 3 above, it is
undesirable that they should be allowed to be financed from
Provident Funds. Such policies should not, therefor, be accepted
under these Rules.
[Explanation 5– The provisions of Explanation 2 above
contemplate the surrender of a policy or the substitution of a
better policy in another office. In many cases in which it is to
the advantage of a policyholder to replace his policy by a
policy in another and better office the policy which is to be
replaced may not be entirely surrendered. Insurance
companies allow as an alternative to the surrender of the
existing policy a fully paid up policy for a reduced sum
insured as a quid pro quo for premiums paid prior to
discontinuance of further premiums. The existing policy
remains in force as paid up policy and constitutes part
insurance cover of addition to the sum insured under the
new policy. Thus as a result of the replacement transaction,
the policyholder holds insurance in two offices partly in the
old and partly in the new office. If the total amount of
insurance cover given by the two policies be the same or
larger than the amount of insurance given by the old policy
prior to the discontinuance of premiums thereunder the first
of the conditions set out in the Explanation referred to
above should be regarded as satisfied.
(4) If the policy is not assigned and delivered, or
delivered, within the said period of three months or
such further period as the Accounts Officer, may,
under sub-rule (1), have fixed, any amount with-held
or withdrawn from the Fund in respect of the policy
shall, with interest thereon at the rate provided in rule
1.13, forthwith be paid or repaid as the case may be,
by the subscriber to the Fund or, in default be ordered
by the Accounts Officer to be recovered by deduction
Compendium 2008 G.P.Fund Rules
37
from the emoluments of the subscriber by installments
or otherwise, as may be directed by the authority
competent to sanction the G.P. Fund Advance.
(5) Notice of assignment of the policy shall be given by
the subscriber to the Insurance Company, and the
acknowledgment of the notice by the Insurance
Company shall be sent to the Accounts Officer within
three months of the date of assignment.
[Explanation 1– Subscribers should send notices of the
assignment to the Insurance Company in duplicate
accompanied in cases in which the notice has to be sent to
a Company in U.K. or Ireland, by a remittance of five
shillings, which is the fee for the acknowledgment
authorized by the policies of Assurance Act, 1867.
[Explanation 2– Subscribers who proceed to U.K. or
Ireland on quitting the service should note that under the
English Stamp Law assignment or reassignment are
required to be stamped within 30 days of their first arrival in
those countries, otherwise penalty will be incurred under
Stamp Act, and difficulties may arise when the policy
matures for payment.
1.25. The subscriber shall not during the currency of the policy
draw any bonus, the drawl of which during such currency is
optional under the terms of the policy or deposit the cash value of
the accrued bonus with the company to accumulate at interest.
The amount of any bonus which under the terms of the policy the
subscriber has no option to refrain from drawing during its
currency shall be paid forthwith into the Fund by the subscriber or
in default recovered by deduction from his emoluments by
installments or otherwise as may be directed by the authority
competent to grant an advance under sub-rule (1) of rule 1.14.
1.26. (1) Save as provided by rule 1.30 when the subscriber:
(a) quits the service; or
Compendium 2008 G.P.Fund Rules
38
(b) has proceeded on leave preparatory to retirement
and applies to the Accounts Officer for
reassignment or return of the policy; or
(c) while on leave has been permitted to retire or
declared by a competent medical authority to be
unfit for further service and applies to the
Accounts Officer for reassignment or return of
the policy; or
(d) pays or repays to the Fund the whole of any
amount withheld or withdrawn from the Fund for
any of the purposes mentioned in clause (ii) of
sub-rule (a) of rule 1.20 and clauses (i) and (ii)
of sub-rule (b) of that rule with interest thereon
at the rate provided in rule 1.13;
the account Officer shall–
(i) if the policy has been assigned to the Governor of the
Punjab under rule 1.24, reassign the policy in Part-1
of Form P.F. 7 to the subscriber or to the subscriber
and the joint assured as the case may be and make it
over to the subscriber together with a signed notice of
the reassignment addressed to the Insurance
Company;
(ii) if the policy has been delivered to him under clause
(b) of sub-rule (1) of rule 1.24 make over the policy to
the subscriber:
Provided that if the subscriber after proceeding on
leave preparatory to retirement or after being while on leave
permitted to retire or declared by a competent medical authority
to be unfit for further service returns to duty any policy so
reassigned or made over shall if it has not matured or been
assigned or charged or encumbered in any way be again
assigned to the Governor of the Punjab and delivered to the
Accounts Officer or again be delivered to the Accounts Officer as
the case may be in the manner provided in rule 1.24 and
thereupon the provisions of these rules shall, so for as may be,
again apply in respect of the policy:
Compendium 2008 G.P.Fund Rules
39
Provided further that if the policy has matured or been
assigned or charged or encumbered in any way the provisions of
sub-rule (4) of rule 1.24 applicable to a failure to assign and
deliver a policy shall apply.
(2) Save as provided by rule 1.30 when the subscriber
dies before quitting the service, the Accounts Officer
shall–
(i) if the policy has been assigned to the Governor
of the Punjab under rule 1.24 re-assign the
policy in part-II of Form P.F.7 to such person or
persons as may be legally entitled to receive it,
and shall make over the policy to such person or
persons together with a signed notice of the
reassignment addressed to the Insurance
Company;
(ii) if the policy has been delivered to him under
clause (b) of sub-rule (1) of rule 1.24 make over
the policy to the beneficiary, if any, or, if there is
no beneficiary to such person or persons as may
be legally entitled to receive it.
1.27. (1) If a policy assigned to the Governor of the Punjab
under rule 1.24 matures before the subscriber quits
the service, or if a policy on the joint lives of a
subscriber and the subscriber’s wife or wives or
husband, assigned under the said rule falls due for
payment by reason of the death of the subscriber’s
wife or wives or husband, the Accounts Officer, shall,
save as provided by rule 1.30 proceed as follows:
(i) if the amount assured together with the amount
of any accrued bonuses is greater than the
whole of the amount withheld or withdrawn from
the fund, in respect of the policy with interest
thereon at the rate provided in rule 1.13, the
Accounts Officer shall re-assign the policy in the
Form P.F. 8 to the subscriber or to the
subscriber and the joint assured as the case
Compendium 2008 G.P.Fund Rules
40
may be, and make it over to the subscriber who
shall immediately on receipt of the policy
moneys from the Insurance Company pay or
repay to the Fund the whole of any amount
withheld or withdrawn with interest, and in
default, the provisions of sub-rule (4) or rule 1.24
applicable to a failure to assign and deliver a
policy shall apply; and
(ii) if the amount assured together with the amount
of any accrued bonuses is less than the whole of
the amount withheld or withdrawn with interest,
the Accounts Officer shall realize the amount
assured together with any accrued bonuses and
shall place the amount so realized to the credit
of the subscriber in the Fund.
(2) Save as provided by rule 1.30 if a policy delivered to
the Accounts Officer under clause (b) of sub-rule (1)
of rule 1.24 matures before the subscriber quits the
service the Accounts Officer shall make over the
policy to the subscriber:
Provided that if the interest in the policy of the wife or
wives of the subscriber, or of his wife or wives and children or any
of them, as expressed on the face of the policy, expires when the
policy matures, the subscriber, if the policy moneys are paid to
him by the Insurance Company, shall immediately on receipt
thereof pay or repay to the Fund either:
(i) the whole of any amount withheld or withdrawn
from the Fund in respect of the policy with
interest thereon at the rate provided in rule 1.13;
or
(ii) an amount equal to the amount assured together
with any accrued bonuses; whichever is
less, and, in default the provisions of sub-rule (4)
of rule 1.24 applicable to a failure to assign and
deliver a policy shall apply.
Compendium 2008 G.P.Fund Rules
41
1.28. If the interest of the subscriber in the family pension fund
ceases, in whole or part, from any cause whatsoever, the
provident fund account of the subscriber shall forthwith be
reimbursed by the amount of the refund secured by the
subscriber from the family pension fund, which amount shall, in
default of reimbursement, be deducted from the subscriber’s
emoluments by installments or otherwise, as may be directed by
the authority competent to grant an advance under sub-rule (1) of
rule 1.14.
1.29. If the policy lapses, or is assigned, otherwise than to the
Governor of the Punjab under rule 1.24, charged or encumbered
the provisions of sub-rule (4) of rule 1.24 applicable to a failure to
assign and deliver a policy shall apply.
1.30. If the Accounts Officer receives notice of:
(a) an assignment (otherwise than an assignment to the
Governor of the Punjab under rule 1.24); or
(b) a charge or encumbrance on; or
(c) an order of Court restraining dealings with the policy
or any amount realized thereon.
The Accounts Officer shall not:
(i) reassign or make over the policy as provided in rule
1.26; or
(ii) realize the amount assured by the policy or reassign
or make over the policy as provided in rule 1.27, but
shall forthwith refer the matter to Government.
1.31. Notwithstanding anything contained in these rules if the
sanctioning authority is satisfied that money drawn as an
advance from the fund under sub-rule (1) of rule 1.14 or withheld
or withdrawn from the Fund under sub-rule (a) or (b) of rule 1.20
has been utilized for a purpose other than that for which sanction
was given to the drawl, withholding or withdrawal of the money,
the amount in question shall with interest at the rate provided in
rule 1.13, forthwith be repaid or paid as the case may be, by the
subscriber to the Fund, or in default be ordered to be recovered
Compendium 2008 G.P.Fund Rules
42
by deduction in one sum from the emoluments of the subscriber,
even if he be on leave. If the total amount to be repaid, or paid as
the case may be, be more than half the subscriber’s emoluments
recoveries shall be made in monthly installments of moieties of
his emoluments till the entire amount recoverable be repaid or
paid as the case may be, by him.
Note — The term ’emoluments’ as used in this rule does not
include subsistence grant.
Part X — Final withdrawal of accumulations in the fund
1.32. When a subscriber quits the service, the amount standing to
his credit in the Fund shall become payable to him:
Provided that a subscriber, who has been dismissed
*(removed or compulsorily retired) from the service and is
subsequently reinstated in the service, shall if required to do so
by Government, repay any amount paid to him from the Fund in
pursuance of this rule, with interest thereon at the rate provided in
rule 1.13 in the manner provided in the proviso to rule 1.33. The
amount so repaid shall be credited to his account in the Fund:
Provided further that a subscriber shall on application
made by him be permitted to withdraw finally the amount standing
to his credit in the Fund twelve months before his retirement.
1.33. When a subscriber —
(a) has proceeded on leave preparatory to retirement, or,
if he is employed in a vacation department, on leave
preparatory to retirement combined with vacation; or
*Added through notification No. FD/SRI-2-3/83 (Prov) dated
02.04.1989.
Compendium 2008 G.P.Fund Rules
43
(b) while on leave, has been permitted to retire or been
declared by a competent medical authority to be unfit
for further service; or
(c) desires payment within six months before his
retirement;
the amount standing to his credit in the Fund shall, upon
application made by him in that behalf to the Accounts Officer,
become payable to the subscriber:
Provided that the subscriber, if he returns to duty,
shall if required to do so by Government, repay to the Fund, for
credit to his account the whole or part of any amount paid to him
from the Fund in pursuance of this rule with interest thereon at
the rate provided in rule 1.13 in cash or securities, or partly in
cash and partly in securities by installments or otherwise, by
recovery from his emoluments or otherwise, as may be directed
by the authority competent to grant an advance under sub-rule
(1) of rule 1.14.
1.34. On the death of a subscriber before the amount standing to
his credit has become payable (see Appendix-V) or where the
amount has become payable, before payment has been made:
(i) When the subscriber leaves a family:
(a) If a nomination made by the subscriber in
accordance with the provisions of rule 1.7 in
favour of a member or members of his family
subsists, the amount standing to this credit in
the Fund or the part thereof to which the nomination
relates shall become payable to his
nominee or nominees in the proportion specified
in the nomination;
(b) If no such nomination in favour of a member or
members of the family of the subscriber
subsists, or if such nomination relates only to a
part of the amount standing to his credit in the
Fund, the whole amount or the part thereof to
which the nomination does not relate, as the
Compendium 2008 G.P.Fund Rules
44
case may be, shall, notwithstanding any
nomination purporting to be in favour of any
person or persons other than a member or
members of his family, become payable to the
members of his family in equal shares.
Note: A posthumous child of the deceased or the
posthumous child of a son of the deceased who, had
he been alive would have been entitled to a share of
the sum at the subscriber’s credit shall be treated as a
member of the family provided the existence (en
ventre desamere) of the posthumous child is brought
to the notice of the disbursing officer.
Provided that no share shall be payable to:
(1) sons who have attained legal majority;
(2) sons of a deceased son, who have attained legal
majority;
(3) married daughters whose husbands are alive;
(4) married daughters of a deceased son whose
husbands are alive;
If there is any member of the family other than those
specified in clauses (1), (2), (3) and (4):
Provided further that the widow or widows and the
child or children of a deceased son shall receive between them in
equal parts only the share which that son would have received if
he had survived the subscriber and had been exempted from the
provisions of clause (1) of the first proviso;
(ii) When the subscriber leaves no family if a nomination
made by him in accordance with the provisions of rule
1.7 in favour of any person or persons subsists, the
amount standing to his credit in the Fund or the part
thereof to which the nomination relates, shall become
payable to his nominee or nominees in the proportion
specified in the nomination.
1.35. (1) When the amount standing to the credit of a
subscriber in the fund becomes payable it shall be the
Compendium 2008 G.P.Fund Rules
45
duty of the Accounts Officer to make payment, as
provided in section 4 of the Provident Funds Act 1925
(see Appendix-1).
(2) If the person to whom, under these rules any amount
or policy is to be paid, assigned, or re-assigned,
delivered is a lunatic, for whose estate a manager has
been appointed in this behalf under the Lunacy Act,
1912, the payment or reassignment or delivery will be
made to such manager and not to the lunatic.
(3) (a) If the person to whom, under these rules, any
amount is to be paid is a minor of whose
property a guardian has been regularly
appointed, the payment of such amount shall be
made to such guardian. If no such guardian has
been appointed, the Accounts Officer
empowered under sub-rule (1) to make the
payment, may pay such amount to the mother of
the minor.
Where the mother of the minor:
(i) is not alive;
(ii) was, in the life-time of the subscriber, judicially
separated from him;
(iii) has remarried; or
(iv) is or has become disqualified or other- wise
unsuitable;
the Accounts Officer may pay such amount to
any suitable person nominated by the Head of
Office of deceased subscriber in consultation
with the Deputy Commissioner.
(b) Where the subscriber was a female, the Accounts
Officer, in applying the above provisions,
mutatis mutandis, may make payment to the
father of the minor or to such other person as
may be appointed a guardian.
(c) where the guardian is any person other than the
mother, father, paternal grandfather, uncle,
Compendium 2008 G.P.Fund Rules
46
brother or sister of the minor, the guardian shall
be required to execute an indemnity bond, with
two sureties, indemnifying Government against
any claim which may subsequently be made.
(4) Any person who desires to claim payment under this
rule shall send a written application in that behalf to
the Accounts Officer. Payment of amounts withdrawn
shall be made in Pakistan only. The persons to whom
the amounts are payable shall make their own
arrangements to receive payment in Pakistan.
[Explanation –When the amount, standing to the credit of a
subscriber, has become payable under rule 1.32, 1.33 and
1.34 the Accounts Officer shall authorize prompt payment of
that portion of the amount standing to the credit of a
subscriber in regard to which there is no dispute or doubt,
the balance being adjusted as soon after as may be.
1.36. (a) If a Government servant, who is a subscriber to any
other Government Provident Fund, which is a non-
-contributory Provident fund, is permanently
transferred to pensionable service under the Punjab
Government, the amount of the subscriptions,
together with interest thereon, standing to his credit in
such other fund at the date of transfer shall with the
consent of the other Government concerned, if any,
be transferred to his credit in the Fund.
(b) If a Government servant, who is a subscriber to the
State Railway Provident Fund or the Contributory
Provident Fund (Pakistan) or a Provincial Contributory
Provident Fund, is permanently transferred to
pensionable service under the Punjab Government
and elects or is required to earn pension in respect of
such pensionable service:
i) the amount of subscriptions, with interest
thereon standing to his credit in such Contributory
Provident Fund at the date of transfer
shall, with the consent of the other Government,
if any, be transferred to his credit in the Fund;
Compendium 2008 G.P.Fund Rules
47
ii) the amount of Government contributions with
interest thereon standing to his credit in such
Contributory Provident Fund shall, with the
consent of the other Government, if any, be
repaid to Government and credited to provincial
revenues; and
iii) he shall in exchange be entitled to count
towards pension such part of the period during
which he subscribed to such Contributory
Provident Fund as the competent authority may
determine.
1.37. If a subscriber to the Fund is subsequently admitted to the
benefits of the Punjab Contributory Fund Rules the amount of his
subscription, together with interest thereon shall be transferred to
the credit of his account in the Punjab Contributory Provident
Fund.
Part XI — Procedure Rules
1.38. All sums paid into the Fund under these rules shall be
credited in the books of Government to an account named “The
General Provident Fund”. Sums of which payment has not been
taken within six months after they become payable under these
rules shall be transferred to “Deposits” at the end of the year and
treated under the ordinary rules relating to deposits.
1.39. When paying a subscription in Pakistan either by deduction
from emoluments or in cash; a subscriber shall quote the number
of his account in the Fund, which shall be communicated to him
by the Accounts Officer. Any change in the number shall similarly
be communicated to the subscriber by the Accounts Officer.
1.40. (1) Before the expiry of the third month of every financial
year, the Accounts Officer shall send to each
subscriber a statement of his account in the fund
showing the opening balance as on the *(1st July of
*Substituted for the words “1st July of the year” vide notification No.
FD/SRI-2-3/83 dated 02.04.1989.
Compendium 2008 G.P.Fund Rules
48
the preceding year), the total amount credited or
debited during the year, the total amount of interest
credited as on the 30th June of the year and the
closing balance on that date. The Accounts Officer
shall attach to the statement of account an enquiry
whether the subscriber;
(a) desires to make any alternation in any
nomination made under rule 1.7;
(b) has acquired a family in cases where the
subscriber has made no nomination in favour of
a member of his family under the proviso to
sub-rule (1) of rule 1.7.
(2) Subscribers should satisfy themselves as to the
correctness of the annual statement, and errors, if
any, should be brought to the notice of the Accounts
Officer within six months from the date of receipt of
the statement.
(3) Where any subscription made by a subscriber to his
provident fund has not been shown or credited in the
account by the Accounts Officer, such subscription
shall be credited to the account of the subscriber on
the basis of:-
(i) certificate of fund deduction by the Audit
Officer/Treasury Officer/District Accounts Officer
in the case of **
@(Government servants in Basic
Pay Scales 16 & above);
(ii) certificate of fund deduction by the Drawing &
Disbursing Officer in the case of
*
@@(Government servants in Basic Pay Scales 1
to 15).
@Substituted for the words “Officers (National Pay Scales No. 16 and
above)”, vide notification No. FD/SRI-2-3/83 (Prov) dated 02.04.1989.
@@Substituted for the word “Officials” vide notification No.
FD/SRI-2-3/83 (Prov) dated 02.04.1989.
Compendium 2008 G.P.Fund Rules
49
(4) The Accounts Officer shall, if required by a subscriber,
inform the subscriber once, but not more than once, in
a year of the total amount standing to his credit in the
Fund at the end of the last month for which his
account has been written up.
Compendium 2008 G.P.Fund Rules
50
CHAPTER II
In exercise of the powers conferred by Section 23 of the
Punjab Civil Servants Act, 1974 and in supersession of the rules
contained in Chapter XIV of Civil Services Rules (Punjab) Vol-II
the Governor of the Punjab is pleased to make the following
rules, namely:
THE PUNJAB CONTRIBUTORY PROVIDENT FUND RULES
1978
Part I — General
2.1. (a) These rules may be called the Punjab Contributory
Provident Fund Rules, 1978.
(b) These shall come into force at once.
2.2. (1) In these rules, unless there is anything repugnant in
the subject or context:
(i) “Accounts Officer” means the Accountant-
General, Punjab;
(ii) “Emoluments” means pay, leave salary, or
subsistence grant, as defined in the Civil Services
Rules (Punjab), Volume-I and includes any
wage so paid by Government to employees not
remunerated by fixed monthly pay; and
(iii) “Family” means:
(a) in the case of a male subscriber, the wife
or wives and children of a subscriber, and
the widow, or widows and children of a
deceased son of the subscriber:
Provided that if a subscriber proves that his wife or
wives has or have been judicially separated from him or has
ceased under the customary law of the community to which he
belongs to be entitled to maintenance she shall henceforth be
deemed to be no longer a member of the subscriber’s family in
Compendium 2008 G.P.Fund Rules
51
matters to which these rules relate unless the subscriber
subsequently indicates by express notification in writing to the
Accounts Officer that she shall continue to be so regarded;
(b) in the case of female subscriber, the
husband and children of the subscriber,
and the widow or widows and children of a
deceased son of the subscriber:
Provided that if a subscriber by notification in writing
to the Accounts Officer expresses her desire to exclude her
husband from her family, the husband shall henceforth be
deemed to be no longer a member of the subscriber’s family in
matters to which these rules relate, unless the subscriber
subsequently cancels formally in writing her notification excluding
him.
[Explanation 1–“Children” means legitimate children.
[Explanation 2– An adopted child shall be considered to be
a child only when the Accounts Officer, or if any doubt
arises in the mind of the Accounts Officer, Solicitor to
Punjab Government is satisfied that under the law
applicable to the subscriber, adoption is legally recognized
as conferring the status of a natural child.
(iv) “Leave” means any variety of leave recognized
by the Civil Services Rules (Punjab);
(v) “Fund” means the Punjab Contributory Provident
Fund; and
(vi) “Year” means a financial year.
(2) Any other expression employed in these rules which is
defined either in the Provident Funds Act, 1925 (XIX
of 1925) (See Appendix No.1), or in the Civil services
Rules (Punjab) is used in the sense therein defined.
Compendium 2008 G.P.Fund Rules
52
Part II — Constitution and Management of the Fund
2.3. The Fund shall be administered by Government and shall
be maintained in rupees in Pakistan.
2.4. (1) These rules apply to every non-pensionable
Government servant under the control of the Punjab
Government who:-
(a) had been admitted, before these rules came into
force, to the benefits of a special or contributory
provident fund maintained by Government; or
(b) may be, or may have been, admitted by the
competent authority to the Fund after these rules
came into force:
Provided that these rules shall not apply to any such
servant between whom and the Government an agreement
subsists in respect of a provident Fund, other than an agreement
providing for the application to him of these rules, and, in the
case of an agreement so providing, these rules shall apply
subject to the terms of such agreement;
Provided further that these rules shall not apply to
temporary Government servants engaged for specific work or for
a definite period.
[Explanation 1– A Government servant counting service
for pension in any post shall not be allowed to be governed
by these rules.
[Explanation 2– A permanent Government servant whose
conditions of service provide that he shall subscribe to the
Punjab Contributory Provident Fund shall be held to have
been admitted to the Fund.
(2) Every servant of Government to whom these rules
apply shall be a subscriber to the Fund.
(3) The balance at the credit of any servant of
Government in any such Fund as is referred to in
Compendium 2008 G.P.Fund Rules
53
clause (a) of sub-rule (1) should, with effect from the
date on which these rules came into force, be
transferred to his credit in the Fund.
(4) If a Government servant admitted to the benefit of the
Fund was previously a subscriber to any Government
non-Contributory Provident Fund, the amount of his
subscriptions in the non-Contributory Provident Fund,
together with interest thereon, shall be transferred to
his credit in the Fund.
(5) The amount standing at the credit of an employee of a
local body in the Provident Fund established and
maintained by the local body concerned shall on the
provincialisation of his service be transferred to his
credit in the Punjab Contributory Provident Fund, in
the event of his being admitted to the benefits of the
Fund. The balances so carried forward shall carry
interest as for new subscribers.
(6) A Contract Officer appointed after 23rd December
1957 who is eligible to the benefit of the Contributory
Provident Fund shall be made to subscribe to the
Fund compulsorily.
Part III — Nominations
2.5. (1) A subscriber shall, as soon as may be after joining the
Fund, send to the Accounts Officer a nomination
conferring on one or more persons the right to receive
the amount that may stand to his credit in the Fund, in
the event of his death before that amount has become
payable, or having become payable, has not been
paid:
Provided that if at the time of making the nomination,
the subscriber has a family, the nomination shall not be in favour
of any person other than one or more members of his family.
(2) If a subscriber nominates more than one person under
sub-rule (1), he shall specify in the nomination the
amount or share payable to each of the nominees in
Compendium 2008 G.P.Fund Rules
54
such manner as to cover the whole of the amount that
may stand to his credit in the Fund at any time.
(3) Every nomination shall be in such one of the Forms
P.F.1, 1-A, 1-B, or 1-C as is appropriate in the
circumstances.
(4) A subscriber may at any time cancel a nomination by
sending a notice in writing to the Accounts Officer:
Provided that the subscriber shall, along with such
notice send a fresh nomination made in accordance with the
provisions of sub-rule (1) to (3).
(5) Without prejudice to the provisions of sub-rule (4), a
subscriber shall, along with every nomination made by
him under this rule, send to the Accounts Officer a
contingent notice of cancellation which shall be in
such one of the Forms P.F.2 or 2-A as is appropriate
in the circumstances of his case.
(6) Immediately on the occurrence of any event by reason
of which the contingent notice of cancellation referred
to in sub-rule (5) becomes operative and the
nomination to which that notice relates consequently
stands cancelled, the subscriber shall send to the
Accounts Officer a fresh nomination made in
accordance with the provisions of sub-rule (1) to (3).
(7) Every nomination made, and every notice of cancellation
given by a subscriber shall, to the extent that it
is valid, take effect on the date on which it is received
by the Accounts Officer.
(8) Nothing in sub-rules (1) to (3) shall be deemed to
invalidate or to require the replacement by a
nomination made thereunder, of a nomination duly
made before and subsisting on the date of
*(promulgation of these rules):
*Substituted for the words “this notification” vide notification No.
FD/SRI2-3/83 (Prov) dated 02.04.1989.
Compendium 2008 G.P.Fund Rules
55
Provided that in respect of every such nomination, the
subscriber shall as soon as may be after the said date send to
the Accounts Officer a contingent notice of cancellation in such
one of the Form P.F.2 or 2-A as is appropriate in the
circumstances:
Provided that a nomination made under this sub-rule
shall be deemed to have been duly made in accordance with
these rules only for so long as the subscriber has no family.
(9) If a subscriber at any time acquires a family, he shall
send to the Accounts Officer a nomination as provided
in sub-rule (2) and, if he has under sub-rule (3)
nominated any person other than a member of his
family, he shall formally cancel the previous
nomination.
(10) A subscriber may be in his nomination distribute the
amount that may stand to his credit in the Fund
amongst his nominees at his own discretion.
(11) A nomination may be cancelled by a subscriber
provided that it is replaced at the same time by any
other nomination which is permitted to be made under
this Rule.
(12) A nomination shall take effect to the extent that it is
valid on the date on which it is received by the
Accounts Officer.
(13) On the death of a nominee a subscriber shall make a
fresh nomination.
Compendium 2008 G.P.Fund Rules
56
PART IV — Subscriber’s Account
2.6. An Account shall be opened in the name of each subscriber,
in which shall be credited:
i) the subscriber’s subscription;
ii) contribution made under rule 2.11 by Government to
his account;
iii) interest as provided by rule 2.12 on subscriptions; and
iv) interest, as provided by rule 2.12 on contributions.
PART V — Conditions and rates of subscriptions
2.7. (1) Every subscriber shall subscribe monthly to the Fund
when on duty or on Foreign Service.
(2) A subscriber may, at his option, not subscribe during
leave.
(3) the subscriber shall intimate his election not to
subscribe during leave in the following manner:
a) if he is a Government servant who draws his
own pay bills, by making no deduction on
account of subscription in his first pay bill drawn
after proceeding on leave;
b) if he is not a Government servant who draws his
own pay bill, by written communication to the
head of his office before he proceeds on leave.
Failure to make due and timely intimation shall be deemed
to constitute an election to subscribe.
The option of a subscriber intimated under this sub–
rule shall be final.
Note: See also explanation below rule 1.9 of Punjab
General Provident Fund Rules.
2.8. (1) The amount of subscription shall be fixed by the
subscriber himself, subject to the following conditions:
Compendium 2008 G.P.Fund Rules
57
(a) It shall be expressed in whole rupees;
(b) It may be any sum, so expressed, not less than
8-1/3 percent of his emoluments.
(2) For purpose of sub-rule (1) the emoluments of a
subscriber shall be–
(a) In the case of a subscriber who was in
Government service on the 30th June of the
preceding year, the emoluments to which he
was entitled on that date; provided as follows:
i) if the subscriber was on leave on the said
date and elected not to subscribe during
such leave or was under suspension on
the said date, his emoluments shall be the
emoluments to which he was entitled on
the first day after his return to duty;
ii) if the subscriber was on deputation out of
Pakistan on the said date or was on leave
on the said date and continues to be on
leave, his emoluments shall be the
emoluments to which he would have been
entitled had he been on duty in Pakistan;
iii) if the subscriber joined the Fund for the
first time on a day subsequent to the said
date, his emoluments shall be the
emoluments to which he was entitled on
such subsequent date.
(b) In the case of a subscriber who was not in
Government service on the 30th June of the
preceding year, the emoluments to which he
was entitled on the first day of his service or, if
he joined the Fund for the first time on a date
subsequent to the first day of his service the
emoluments to which he was entitled on such
subsequent date:
Compendium 2008 G.P.Fund Rules
58
Provided that if the emoluments of the subscriber are
of fluctuating nature, they shall be calculated in such manner as
the competent authority may direct.
(3) The subscriber shall intimate the fixation of the
amount of his monthly subscription in each year in the
following manner:
(a) if he was on duty on the 30th June of the
preceding year by the deduction which he
makes in this behalf from his pay bill for that
month;
(b) if he was on leave on the 30th June of the
preceding year and elected not to subscribe
during such leave; or was under suspension on
that date, by the deduction which he makes in
this behalf from his first pay bill after his return to
duty;
(c) if he entered Government service for the first
time during the year, or joins the Fund for the
first time by the deduction which he makes in
this behalf, from his pay bill for the month during
which he joins the Fund;
(d) if he was on leave on the 30th June of the
preceding year, and continues to be on leave
and has elected to subscribe during such leave,
by the deduction which he causes to be made in
this behalf from his salary bill for that month;
(e) if he was on foreign service on the 30th June of
the preceding year, by the amount credited by
him into the treasury on account of subscription
for the month of July in the current year;
(f) if his emoluments are of the nature referred to in
the proviso to sub-rule (2), in such manner as
the competent authority may direct.
Compendium 2008 G.P.Fund Rules
59
(4) The amount of subscription so fixed shall remain
unchanged throughout the year:
Provided that if a subscriber is on duty for a part of a
month and on leave for the remainder of that month, and if he has
elected not to subscriber during leave, the amount of the
subscription payable shall be proportionate to the number of days
spent on duty in the month.
Note -*deleted
**(5) The amount of subscription originally fixed by a
subscriber is not to be varied during the course of the year on
account of any increase or decrease in his rate of pay which may
ultimately be found to be due in respect of the 30th June
preceding.
2.9. When a subscriber is transferred to Foreign Service or sent
on deputation out of Pakistan he shall remain subject to the rules
of the Fund in the same manner as if he were not so transferred
or sent on deputation.
Part VI — Realization of subscriptions
2.10. (1) When emoluments are drawn @(from a Government
treasury in Pakistan or through a Pakistan Embassy abroad),
recovery of subscriptions and of the principal and interest of
advances shall be made from the emoluments themselves.
(2) When emoluments are drawn from any other source,
the subscriber shall forward his dues monthly to the Accounts
Officer.
Part VII — Contribution by Government
2.11. (1) Government shall, with effect from the 30th June of
each year, make a contribution to the account of each
subscriber:
*Deleted vide notification No. FD/SRI-2-3/83 (Prov) dated 02.04.1989.
**Added vide notification No. FD/SRI-2-3/83 (Prov) dated 02.04.1989.
@ Substituted for the words “in Pakistan or abroad” vide notification
No. FD/SRI-2-3/83 (Prov)dated 02.04.1989.
Compendium 2008 G.P.Fund Rules
60
Provided that if a subscriber quits the service or dies
during a year, contribution shall be credited to his account for the
period between the close of the preceding year and the date of
the casualty.
(2) The contribution shall be such percentage of the
subscribers emoluments drawn on duty during the
year or the period, as the case may be, as has been
or may be prescribed by the competent authority by
general or special order.
Explanation 1-The contribution to be paid by Government
to the account of a subscriber admitted to the Fund, shall,
be fixed at 8-1/3 percent (1/12th) of the subscriber’s
emoluments.
Explanation 2-In the case of an officer transferred from
service under a private body to service under Government
or from one Government department to another, the
Government contribution should where there is no provision
to the contrary in the Contributory Provident Fund Rules of
the officer concerned, be based on the pay which he would
have drawn but for his transfer and not on the pay drawn by
him from time to time after transfer.
(3) If a subscriber is on deputation out of Pakistan, the
emoluments which he would have drawn had he been
on duty in Pakistan shall, for the purpose of this rule,
be deemed to be emoluments drawn on duty.
(4) Should a subscriber elect to subscriber during leave,
his leave salary shall, for the purposes of this rule, be
deemed to be emoluments drawn on duty unless
otherwise directed by the competent authority.
(5) The amount of any contribution payable in respect of
a period of Foreign Service shall, unless it is
recovered from the foreign employer, be recovered by
Government from the subscriber.
Compendium 2008 G.P.Fund Rules
61
(6) The amount of contribution payable shall be rounded
to the nearest whole rupee (50 paisa counting as the
next higher rupee).
Part VIII – Interest
2.12. (1) Government shall pay to the credit of the account of a
subscriber interest, at such rate as the competent
authority may from time to time prescribe for the
payment of interest on subscriptions to the General
Provident Fund, on the amount at his credit in the
fund.
(2) Interest shall be credited with effect from the 30th June
of each year in the following manner:
(i) on the amount at the credit of the subscriber on
the 30th June of the preceding year, less any
sums withdrawn during the current year –
interest for twelve months;
(ii) on sums withdrawn during the current year –
interest from the 1st July of the current year up to
the last day of the month preceding the month of
withdrawal;
(iii) on all sums credited to the subscriber’s
account after the 30th June of the preceding year
– interest from the date of deposit up to the 30th
June of the current year;
(iv) the total amount of interest shall be rounded to
the nearest rupee in the manner provided in
sub-rule (2) of rule 2.11.
Provided that when the amount standing at the credit
of a subscriber becomes payable, interest shall thereupon be
credited under this sub-rule in respect only of the period from the
beginning of the current year or from the date of deposit as the
case may be up to the date on which the amount standing at the
credit of the subscriber became payable.
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62
(3) For the purpose of this rule the date of deposit shall,
in the case of recoveries from emoluments, be
deemed to be the first day of the month in which they
are recovered and in the case of amounts forwarded
by the subscriber shall be deemed to be the first day
of the month of receipt, if they are received by the
Accounts Officer before the fifth day of that month, or
if they are received on or after the fifth day of that
month, the first day of the next succeeding month.
(4) In addition to any amount to be paid under rule 2.29
interest thereon up to the end of the month preceding
that in which payment is made or up to the end of the
six months after the month in which such amount
became payable whichever of these periods be less,
shall be payable to the person to whom such amount
is to be paid:
Provided that no interest shall be paid in respect of
any period after the date which the Accounts Officer has
intimated to that person or his agent as the date on which he is
prepared to make payment in cash or if he pays by cheque after
the date on which the cheque in that person’s favour is put in the
post.
(5) Interest shall not be credited to the account of a
Muslim subscriber if he informs the Accounts Officer
that he does not wish to receive it; but if he
subsequently asks for interest it shall be credited with
effect from the 1st July of the year in which he asks
for it.
Explanation — When a subscriber intimates in writing his
intention to forego interest already accrued on his deposits
in the Provident Fund, the interest should be withheld and
credited to Government revenues.
The interest already credited to the subscriber’s account in
such cases should be re-adjusted by debit to his Account by
Compendium 2008 G.P.Fund Rules
63
contra-credit to the head *(“60000–Transfer Payments–
61000–Interest–61600–Other Payments” or “1100000–
Income from Property and Enterprises–1130000–Interest —
1139800–Others”) according as the amount of interest was
originally credited to the subscriber’s account during the
current year or previous years.
(6) The interest on amount which under sub-rule (3) of
rule 2.18 or sub-rule (4) of rule 2.20 or sub-rule (1) of
rule 2.21 or sub-rule (1) or sub-rule (2) of rule 2.22 or
rule 2.25 or rule 2.26 are replaced at the credit of the
subscriber in the Fund, shall be calculated at such
rates as may be successively prescribed under
sub-rule (1) of this rule and so far as may be in the
manner described in this rule.
Explanation — The provisions of Explanations 1 and 2
below rule 1.13 of Punjab General Provident Fund Rules
apply mutatis mutandis in respect of subscriptions to the
Punjab Contributory Provident Fund.
Part IX — Advances from the Fund
2.13. (1) A temporary advance may be granted to a subscriber
from the amount standing to his credit in the Fund at
the discretion of the authority, specified in sub-rule (2),
subject to the following conditions:
(a) No advance shall be granted unless the
sanctioning authority is satisfied that the
applicant’s pecuniary circumstances justify it,
and that it will be expended on the following
object or objects and not otherwise:
i) To pay expenses incurred in connection
with prolonged illness of the applicant or
applicant’s spouse or any person actually
dependent upon the applicant;
*Substituted for the words “22-Interest” or “XX-Interest” vide
notification No. FD/SRI-2-3/83 (Prov) dated 02.04.1989.
Compendium 2008 G.P.Fund Rules
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ii) to pay for the overseas passage for
reasons of health or education of the
applicant or any person actually dependent
on him;
iii) to pay obligatory expenses on a scale
appropriate to the applicant’s status in
connection with the marriages, funerals or
ceremonies which by his religion it is
incumbent on him to perform;
iv) to purchase a house or to construct one,
for the occupation of the subscriber himself
or his family, on a piece of land owned by
the subscriber, or to make additions to or
alterations in an existing house owned by
the subscriber, whether or not constructed
or purchased with a house building
advance; and
v) to meet other expenditure which is
considered by the sanctioning authority to
be essential and unavoidable.
Explanation I– A temporary advance may be granted to
the subscriber for the performance of Haj.
Explanation II– In cases falling under item (i) above,
advances may be granted by the sanctioning authority to
pay debts incurred, provided an application is made within a
reasonable time after the event to which it relates. What is a
reasonable time will be determined on the merits of case.
Advances to pay the debts incurred in cases falling under
item (ii) and (iii) require the sanction of Government.
(b) An advance other than that covered by clause
(a) (iv) shall not, except for special reasons to be
recorded in writing by the sanctioning authority,
exceed three months pay and shall in no case
exceed the amount of subscriptions and interest
thereon standing to the credit of the subscriber
in the Fund.
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65
(c) An advance shall not, except for special reasons
to be recorded in writing by the sanctioning
authority, be granted until at least twelve months
after the final repayment of all previous
advances together with interest thereon, unless
the amount already advanced does not exceed
two thirds of the amount admissible under
clause (b):
Provided that the above conditions shall not be
relaxed in the case of advances falling under clause (a) (v)
above.
(d) The sanctioning authority shall record in writing
its reasons for granting the advance:
Provided that if the reason is of a confidential nature,
it may be communicated to the Accounts Officer personally
and/or confidentially.
(e) An advance under sub-clause (iv) of clause (a)
shall be subject to the following special
conditions:
i) The advance shall in no case exceed
twenty four month’s pay of the subscriber
or eighty per cent of the amount at the
credit of the subscriber in the Fund,
whichever is less;
*i-a) Advance for the purchase of a house shall
be drawn only after an agreement is
executed between the subscriber and the
Governor in Form P.F. 12.
ii) Advance granted for construction of a
house shall be paid in two equated
instalments;
*Added vide notification No. FD/SRI-2-3/83 (Prov) dated 02.04.1989.
Compendium 2008 G.P.Fund Rules
66
**ii-a) First instalment of the advance for
construction of a house shall be drawn
only after an agreement is executed
between the subscriber and the Governor
in Form P.F.13.
iii) If the first instalment is not utilized for the
purpose of construction of the house within
eight months of its drawl, it shall be
refunded, unless the sanctioning authority
extends this period;
iv) For the purpose of drawl of the second
instalment, the subscriber shall be required
to give under his hand a certificate to the
effect that he has actually utilized the first
instalment on the construction of the
house;
v) The subscriber shall not dispose of the
house purchased or constructed with an
advance from the Fund until the advance
has been repaid or the subscriber retires
from Government service; and
vi) Recovery shall be made at the rate of
seven per cent of the subscriber’s pay
commencing from the fourth issue of pay
after the first installment of the advance is
drawn.
Note — In case a subscriber also draws or has drawn a
house building advance from the employer, the recovery on
account of the advance from the Fund shall commence immediately
after the advance from the employer for building a house has
been fully repaid with interest accrued thereon.
(2) The authority competent to grant an advance:
(a) (i) exceeding three month’s pay; or
**Added vide notification No. FD/SRI-2-3/83 (Prov) dated 02.04.1989.
Compendium 2008 G.P.Fund Rules
67
(ii) within twelve months of the final
repayment of all previous advances
together with interest thereon,
shall be the authority competent to dismiss the
subscriber; or in the case of a subscriber appointed by
the Federal Government, the Punjab Government;
(b) In any case not specified in clause (a) shall be
the authority competent to grant an advance of
pay on transfer under rule 10.25 (a) of the
Punjab Financial Rules, Volume-1.
Explanation — An authority competent to sanction an
advance of pay for himself on transfer cannot sanction an
advance for himself under sub-rule 2(b). The authority
competent to sanction an advance in such case will be the
next higher administrative authority.
2.14. (1) An advance shall be recovered form the subscriber in
such number of equal monthly instalments as the
sanctioning authority may direct; but such number
shall not be less than twelve unless the subscriber so
elects, or in any case more than *(thirty six). A
subscriber may, at his option, make re- payment in a
smaller number of installments than that prescribed.
Each installment shall be a number of whole rupees,
the amount of the advance being raised or reduced, if
necessary, to admit of the fixation of such instalments.
(2) Recovery shall be made in the manner provided in
rule 2.10 for the realization of subscriptions and shall
commence on the first occasion after the advance is
made on which the subscriber draws emoluments
other than leave salary or subsistence grant, for a full
month. Recovery shall not be made, except with the
subscriber’s consent while he is on leave or in receipt
of subsistence grant, and may be postponed by the
*Substituted for the words “twenty four” vide notification No.
FD/SRI-2-3/83 (Prov) dated 02.04.1989.
Compendium 2008 G.P.Fund Rules
68
sanctioning authority during the recovery of an
advance of pay granted to the subscriber.
Explanation –For the purpose of recovery of an advance
under this rule vacation combined with leave shall be
treated as leave.
(3) If more than one advance has been made to a
subscriber, each advance shall be treated separately
for the purpose of recovery.
(4) (a) After the principal of the advance has been fully
repaid, interest shall be paid thereon at the rate
of one-fifth per cent of the principal for each
month or broken portion of a month during the
period between the drawl and complete
re-payment of the principal:
Provided that Muslim subscribers whose deposits in
the Fund carry no interest shall not be required to pay into the
Fund any additional instalments on account of interest on
advances granted to them from the Fund.
(b) Interest shall ordinarily be recovered in one
instalment in the month after complete repayment
of the principal; but if the period
referred to in sub-rule 4(a) exceeds twenty
months, interest may, if the subscriber so
desires, be recovered in two equal monthly
installments. The method of recovery shall be
that provided in sub-rule(2). Payments shall be
rounded to the nearest rupee in the manner
provided in sub-rule (6) of rule 2.11.
(5) If an advance has been granted to a subscriber and
drawn by him and the advance is subsequently
disallowed before repayment is completed, the whole
or balance of the amount withdrawn, shall, with
interest at the rate provided in rule 2.12 forthwith be
repaid by the subscriber to the Fund, or in default, be
ordered by the Accounts Officer to be recovered by
deduction from the emoluments of the subscriber by
Compendium 2008 G.P.Fund Rules
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instalments or otherwise, as may be directed by the
authority laid down in clause (a) of sub-rule (2) of rule
2.13:
Provided that Muslim subscribers whose deposits in
the Fund carry no interest shall not be required to pay any
interest.
(6) Recoveries made under this rule shall be credited, as
they are made, to the account of the subscriber in the
Fund.
Part X — Payments towards insurance policies and family
pension funds
2.15. Subject to the conditions contained in rule 2.16 to 2.22–
(1) (i) subscriptions to a family Pension fund approved
in this behalf by the competent authority;
(ii) payments towards an insurance policy, may, at
the option of a subscriber, be substituted for the
whole or part of subscriptions to the Fund.
(2) the amount of subscriptions with interest thereon
standing to the credit of a subscriber in the Fund may
be withdrawn to meeti)
payments towards an insurance policy;
ii) purchase of a single payment insurance policy;
iii) payment of a single premium or subscriptions to
a family fund approved in this behalf by the
competent authority:
Provided that no amount shall be withdrawn (i) before
the details of the proposed policy have been submitted to the
Accounts Officer and accepted by him as suitable, or (ii) to meet
any payment or purchase made or effected more than twelve
Compendium 2008 G.P.Fund Rules
70
months before the withdrawal; or (iii) in excess of the amount
required to meet a premium or subscription actually due for
payment within six months of the date of withdrawal:
Provided further that payments towards an educational
endowment policy may not be substituted for subscriptions
to the Fund and that no amounts may be withdrawn to meet any
payment or purchase in respect of such a policy if that policy is
due for payment in whole or part before the subscriber’s age of
normal superannuation.
(3) Any amount withdrawn under sub-rule (2) (b) shall be
paid in whole rupees only rounded to the nearest
rupee in the manner provided in the last proviso to
rule 1.20.
2.16. (1) If the total amount of any subscriptions or payments
substituted under sub-rule (1) of rule 2.15 is less than
the amount of the minimum subscription payable to
the Fund under rule 2.8, the difference shall be
rounded off to the nearest rupee in the manner
provided in sub-rule (6) of rule 2.11 and paid by the
subscriber as a subscription to the Fund.
(2) If the subscriber withdraws any amount standing to his
credit in the Fund for any of the purposes specified in
sub-rule (2) of rule 2.15, he shall, subject to his option
under sub-rule (1) of that rule, continue to pay to the
Fund the subscription payable under rule 2.8.
2.17. (1) A subscriber who desires to substitute a subscription
or payment under sub-rule(1) of rule 2.15 may reduce
his subscription to the Fund accordingly:
Provided that the subscriber shall-
(a) intimate to the Accounts Officer on his pay bill or
by letter the fact of, and reason for the reduction;
(b) send to the Accounts Officer, within such period
as the Accounts Officer may require receipts or
certified copies of receipts in order to satisfy the
Compendium 2008 G.P.Fund Rules
71
Account Officer, that the amount by which the
subscription has been reduced was duly applied
for the purposes specified in sub-rule (1) of rule
2.15.
(2) A subscriber who desires to withdraw any amount
under sub-rule (2) of rule 2.15 shall–
(a) intimate the reason for the withdrawal to the
Accounts Officer by letter;
(b) make arrangements with the Accounts Officer
for the withdrawal; and
(c) send to the Accounts Officer, within such period
as the Accounts Officer may require receipts or
certified copies of receipts in order to satisfy the
Accounts Officer that the amount withdrawn was
duly applied for the purposes specified in
sub-rule (2) of rule 2.15.
(3) The Accounts Officer shall order the recovery of any
amount by which subscriptions have been reduced, or
any amount withdrawn, in respect of which he has not
been satisfied in the manner required by clause (b) of
sub-rule (1) and clause (c) of sub-rule(2), with interest
thereon at the rate provided in rule 2.12, from the
emoluments of the subscriber and place it to the credit
of the subscriber in the Fund.
2.18. (1) Government will not make any payments on behalf of
subscribers to insurance companies, nor take steps to
keep a policy alive.
(2) It is immaterial what form the policy takes, provided
that it shall be one effected by the subscriber himself
on his own life, and shall (unless it is a policy
expressed on the face of it to be for the benefit of his
wife or wives, or of his wife or wives and children, or
any or them) be such as may be legally assigned by
the subscriber himself to the Governor of the Punjab.
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72
Explanation 1–A policy on the joint lives of the subscriber
and his wife or wives shall be deemed to be a policy on the
life of the subscriber himself for the purpose of this sub-rule.
Explanation 2–A policy which has been assigned to the
subscriber’s wife or wives shall not be accepted unless
either the policy is first re-assigned to the subscriber or the
subscriber and his wife or wives join in an appropriate
assignment.
(3) The policy may not be affected for the benefit of any
beneficiary other than the wife or wives of the subscriber
or his wife or wives and children or any of them.
2.19 (1) The policy, within three months after the first
withholding of a subscription or withdrawal from the
Fund in respect of the policy, or in the case of an
insurance company whose headquarters are outside
Pakistan within such further period as the Accounts
Officer, if he is satisfied by the production of the
completion certificate (interim receipt) may fix, shall–
(a) unless it is a policy expressed on the face of it to
be for the benefit of the wife or wives of the
subscriber or of his wife or wives and children or
any of them, be assigned to the Governor of the
Punjab, as security for the payment of any sum
which may become payable to the Fund under
rule 2.21 and 2.22 and delivered to the Accounts
Officer, the assignment being made by endorsement
on the policy in Form P.F. 3 or Form P.F.
4 or Form P.F. 5 or Form P.F. 6 according as
the policy is on the life of the subscriber or on
the joint lives of the subscriber and his wife or
wives, or the policy has been assigned to the
subscriber’s wife or wives or where a subscriber
to the General Provident Fund who has effected
an insurance policy under the rules of that Fund
is admitted to the Punjab Contributory Provident
Fund;
Compendium 2008 G.P.Fund Rules
73
(b) if it is a policy expressed on the face of it to be
for the benefit of the wife or wives of the
subscriber, or of his wife or wives and children,
or any of them, be delivered to the Accounts
Officer.
(2) The Accounts Officer shall satisfy himself by reference
to the insurance company where possible, that no
prior assignment of the policy exists.
(3) Once a policy has been accepted by an Accounts
Officer for the purpose of being financed from the
Fund, the terms of the policy shall not be altered nor
shall the policy be exchanged for another policy
without the prior consent of the Accounts Officer to
whom details of the alteration or of the new policy
shall be furnished.
Note: The provisions of Explanation 1 to 5 under rule 1.24
(3) of the Punjab General Provident Fund Rules apply
mutatis mutandis here also.
(4) If the policy is not assigned and delivered, or
delivered, within the said period of three months or
such further period as the Accounts Officer may under
sub-rule (1) have fixed, any amount withheld or
withdrawn from the Fund in respect of the policy shall,
with interest thereon at the rate provided in rule 2.12,
forthwith be paid or repaid, as the case may be, by the
subscriber to the Fund or in default be ordered by the
Accounts Officer to be recovered by deduction from
the emoluments of the subscriber, by installments, or
otherwise, as may be directed by one of the
authorities laid down in clause (a) of sub-rule (2) of
rule 2.13.
(5) Notice of assignment of the policy shall be given by
the subscriber to the insurance company, and the
acknowledgment of the notice by the insurance
company shall be sent to the Accounts Officer within
three months of the date of assignment.
Compendium 2008 G.P.Fund Rules
74
Explanation 1– A subscriber who is required to assign his
policy to the Governor of the Punjab in accordance with
clause (a) of sub-rule (1) may execute the prescribed form
of assignment on the policy itself either in his own
handwriting or in type or alternatively paste on the blank
space provided for the purpose on the policy a typed or
printed slip containing the endorsement. A typed or printed
endorsement must be duly signed and if pasted on the
policy initialed across all four margins.
Explanation 2– Subscribers’ are advised to send notice of
the assignment to the insurance company in duplicate. The
policy itself, bearing the assignment endorsed thereon,
need not be sent to the company, as insurance companies
do not ordinarily require the production of the original
instruments affecting a policy holder’s title until the policy
becomes a claim.
Explanation 3– See also explanation No. 2 under rule 1.24
(5), of the Punjab General Provident Fund Rules.
2.20. The subscriber shall not during the currency of the policy
draw any bonus the drawl of which during such currency is
optional under the terms of the policy, and the amount of any
bonus which under the terms of the policy the subscriber has no
option to refrain from drawing during its currency shall be paid
forthwith into the Fund by the subscriber or in default recovered
by deduction from his emoluments by instalments or otherwise as
the Governor may direct.
2.21. (1) Save as provided by sub-rule (3) of rule 2.23 when the
subscriber-
(a) quits the service; or
(b) has proceeded on leave preparatory to retirement
and applies to the Accounts Officer for
re-assignment or return of the policy; or
(c) while on leave, has been permitted to retire or
declared by competent medical authority to be
unfit for further service and applies to the
Compendium 2008 G.P.Fund Rules
75
Accounts Officer for re-assignment or return of
the policy; or
(d) pays or repays to the Fund the whole of any
amount withheld or withdrawn from the Fund for
any of the purpose mentioned in clause (ii) of
sub-rule (1) of rule 2.15 and clauses (i) and (ii)
of sub-rule (2) of rule 2.15 with interest thereon
at the rate provided in rule 2.12.
the Accounts Officer shall–
(i) if the policy has been assigned to the Governor
of the Punjab under rule 2.19, re-assign the
policy in Part I of Form P.F. 7 to the subscriber
or the subscriber and the joint assured as the
case may be within one month from the date of
application of the subscriber and make it over to
the subscriber, together with the signed notice of
the re-assignment addressed to the insurance
company;
(ii) if the policy has been delivered to him under
clause (b) of sub-rule (1) of rule 2.19 make over
the policy to the subscriber:
Provided that, if the subscriber, after proceeding on
leave preparatory to retirement or after being, while on leave,
permitted to retire or declared by competent medical authority to
be unfit for further service, returns to duty, any policy so
re-assigned or made over shall, if it has not matured or been
assigned or charged or encumbered in any way, be again
assigned to the Governor of the Punjab and delivered to the
Accounts Officer, or again be delivered to the Accounts Officer,
as the case may be, in the manner provided in rule 2.19, and
thereupon the provisions of these rules shall so far as may be,
again apply in respect of the policy:
Provided further that, if the policy has matured or
been assigned or charged or encumbered in any way, the
provisions of sub-rule (4) of rule 2.19 applicable to a failure to
assign and deliver a policy shall apply.
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76
(2) Save as provided in sub-rule (3) of rule 2.23 when the
subscriber dies before quitting the service, the
Accounts Officer shall:
(i) If the policy has been assigned to the Governor
of the Punjab under rule 2.19 re-assign the
policy in Part-II of Form P.F. 7 to such person or
persons as may be legally entitled to receive it,
and shall make over the policy to such person or
persons together with a signed notice of the
re-assignment addressed to the insurance
company;
(ii) if the policy has been delivered to him under
clause (b) of sub-rule (1) of rule 2.19 make over
the policy to the beneficiary, if any, or, if there is
no beneficiary, to such person or persons as
may be legally entitled to receive it.
2.22. (1) If a policy assigned to the Governor of the Punjab
under rule 2.19 matures before the subscriber quits
service, or if a policy on the joint lives of a subscribe
and his wife or wives’ assigned under the said rule,
falls due for payment by reason of the wife’s/wives’
death, the Accounts Officer shall, save as provided in
sub-rule (3) of rule 2.23 proceed as follows:
(i) if the amount assured together with the amount
of any accrued bonuses is greater than the
whole of the amount withheld or withdrawn from
the fund in respect of the policy with interest
thereon at the rate provided in rule 2.12, the
Accounts Officer shall re-assign the policy in
Form P.F. 8 to the subscriber or to the
subscriber and the joint assured as the case
may be, and make it over to the subscriber, who
shall pay or repay to the fund the whole of any
amount withheld or withdrawn with interest, and
in default the provisions of sub-rule, (4) of rule
2.19 applicable to a failure to assign and deliver
a policy shall apply;
Compendium 2008 G.P.Fund Rules
77
(ii) if the amount assured together with the amount
of any accrued bonuses is less than the whole of
the amount withheld or withdrawn with interest,
the Accounts Officer shall realize the amount
assured together with any accrued bonuses and
shall place the amount so realized to the credit
of the subscriber in the Fund.
(2) Save as provided in sub-rule (3) of rule 2.23 if a policy
delivered to the Accounts Officer under clause (b) of
sub-rule (1) of rule 2.19 matures before the subscriber
quits the service, the Accounts Officer shall make over
the policy to the subscriber:
Provided that if the interest in the policy of the wife or
wives of the subscriber, or of his wife or wives and children or any
or them, as expressed on the face of the policy, expires when the
policy matures, the subscriber if the policy moneys are paid to
him by the insurance company, shall immediately on receipt
thereof, pay or repay to the Fund either:
(i) the whole of any amount withheld or withdrawn
from the Fund in respect of the policy with
interest at the rate provided in rule 2.12; or
(ii) an amount equal to the amount assured together
with any accrued bonuses, whichever is
less, and, in default, the provisions of sub-rule
(4) of rule 2.19 applicable to a failure to assign
and deliver a policy shall apply.
2.23. (1) If the interest of the subscriber in the family pension
fund ceases in whole or in part from any cause
whatsoever, the provident fund account of the subscriber
shall forthwith be reimbursed by the amount of
the refund, if any, secured by the subscriber from the
family pension fund, which amount shall, in default of
reimbursement be deducted from the subscriber’s
emoluments by installments or otherwise as
Government may direct.
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78
(2) If the policy lapses or becomes assigned otherwise
than to the Governor of the Punjab under rule 2.19,
charged or encumbered, the provisions of sub-rule (4)
of rule 2.19 applicable to a failure to assign and
deliver a policy shall apply.
(3) If the Accounts Officer receives notice of —
(a) an assignment (other than an assignment to the
Governor of the Punjab under rule 2.19); or
(b) a charge or encumbrance on ; or
(c) an order of a Court restraining dealings with the
policy or any amount realized thereon;
the Accounts Officer shall not —
(i) re-assign or make over the policy as provided in
rule 2.21; or
(ii) realize the amount assured by the policy or
re-assign or make over the policy as provided in
rule 2.22 but shall forthwith refer the matter to
the Government.
2.24. Notwithstanding anything contained in these rules, if the
sanctioning authority is satisfied that money drawn as an
advance from the Fund under sub-rule (1) of rule 2.13 or withheld
or withdrawn from the Fund under sub-rule (1) or (2) of rule 2.15
has been utilized for a purpose other than that for which sanction
was given to the drawl, withholding or withdrawal of the money,
the amount in question shall, with interest at the rate provided in
rule 2.12, forthwith be repaid or paid, as the case may be, by the
subscriber to the Fund, or in default be ordered to be recovered
by deduction in one sum from the emoluments of the subscriber,
even if he be on leave. If the total amount to be repaid or paid, as
the case may be, be more than half the subscriber’s emoluments
recoveries shall be made in monthly installments of moieties of
his emoluments, till the entire amount recoverable be repaid or
paid, as the case may be, by him.
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Note: The term ’emoluments’ as used in this rule does not
include subsistence grant.
Part XI — circumstances in which accumulations are payable
2.25. When a subscriber quits the service, the amount standing to
his credit in the Fund shall, subject to any deduction under rule
2.28 become payable to him:
Provided that a subscriber who has been dismissed
*(removed or compulsorily retired) from the service and is
subsequently reinstated in the service, shall, if required to do so
by Government, repay any amount paid to him from the Fund in
pursuance of this rule, with interest thereon at the rate provided in
rule 2.12 in the manner provided in the proviso to rule 2.27.The
amount so repaid shall be credited to his account in the Fund, the
part of which represents his subscriptions and interest thereon,
and the part which represents the Government contribution with
interest thereon, being accounted for in the manner provided in
rule 2.6:
Provided further that a subscriber shall on application
made by him be permitted to withdraw finally the amount standing
to his credit in the fund six months before his retirement.
2.26. When a subscriber-
(a) has proceeded on leave preparatory to retirement or if
he is employed in a vacation department, on leave
preparatory to retirement combined with the vacation;
or
(b) While on leave, has been permitted to retire or,
declared by a competent medical authority to be unfit
for further service; or
(c) desires payment within six months before his
retirement,
*Added vide notification No. FD/SRI-2-3-/83 (Prov) dated 02.04.1989.
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the amount of subscriptions and interest thereon standing to
his credit in the Fund shall, upon application made by him in that
behalf to the Accounts Officer, become payable to the subscriber:
Provided that the subscriber, if he returns to duty,
shall if required to do so by Government, repay to the Fund, for
credit to his account the whole or part of any amount paid to him
from the Fund in pursuance of this rule, with interest thereon at
the rate provided in rule 2.12 in cash or securities, or partly in
cash and partly in securities, by installments or otherwise, by
recovery from his emoluments or otherwise, as Government may
direct.
2.27. Subject to any deduction under rule 2.28, on the death of a
subscriber before the amount standing to his credit has become
payable, or when the amount has become payable, before
payment has been made-
(1) When the subscriber leaves a family-
(a) if a nomination made by the subscriber in accordance
with the provisions of rule 2.5 in favour of
a member or members of his family subsists, the
amount standing to his credit in the Fund or the
part thereof to which the nomination relates,
shall become payable to his nominee or
nominees in the proportion specified in the
nomination;
(b) if no such nomination in favour of a member or
members of the family of the subscriber
subsists, or if nomination relates, only to a part
of the amount standing to his credit in the Fund,
the whole amount or the part thereof to which
the nomination does not relate, as the case may
be, shall, notwithstanding any nomination
purporting to be in favour of any person or
persons other than a member or members of his
family, become payable to the members of his
family in equal shares:
Provided that no share shall be payable toCompendium
2008 G.P.Fund Rules
81
i) sons who have attained legal majority;
ii) sons of a deceased son who have attained
legal majority;
iii) married daughters whose husbands are
alive;
iv) married daughters of a deceased son
whose husbands are alive;
if there is any member of the family other than those
specified in clauses (i), (ii), (iii) & (iv) .
Provided also that the widow or widows and the child
or children of a deceased son shall receive between them in
equal parts only the share which that son would have received if
he had survived the subscriber and had been exempted from the
provisions of clause (i) of the first proviso.
Explanation –Any sum payable under these rules to a
member of the family of a subscriber vests in such member
under subsection (2) of section 3 of the Provident Funds
Act, 1925 (See Appendix-1).
(2) When the subscriber leaves no family, if a nomination
made by him in accordance with the provisions of rule
2.5 in favour of any person or persons subsists, the
amount standing to his credit in the Fund or the part
thereof to which the nomination relates, shall become
payable to his nominee or nominees in the proportion
specified in the nomination.
Explanation 1– When a nominee is a dependent of the
subscriber as defined in clause (c) of section 2 of the
Provident Funds Act, 1925, the amount vests in such
nominee under sub-section (2) of section 3 of the Act.
Explanation 2– When the subscriber leaves no family and
no nomination made by him in accordance with the
provisions of rule 2.5 subsists, or if such nomination relates
only to part of the amount standing to his credit in the Fund
, the relevant provisions of clause (b) and of sub-clause (ii)
of clause (e) of sub-section (1) of section 4 of the Provident
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Funds Act, 1925, are applicable to the whole amount or the
part thereof to which the nomination does not relate.
PART XII — Deductions
2.28. Subject to the condition that no deduction may be made
which reduces the credit by more than the amount of any
contribution by Government with interest thereon credited under
rules 2.11 and 2.12, before the amount standing to the credit of a
subscriber in the Fund is paid out of the Fund, the Government
may direct the deduction therefrom and payment to itself of–
(a) any amount, if a subscriber has been dismissed from
the service for grave misconduct:
Provided that, if the order of dismissal is subsequently
cancelled, the amount so deducted shall, on his reinstatement in
the service, be replaced at his credit in the Fund;
(b) any amount, if a subscriber resigns his employment
under Government within five years of the commencement
thereof , otherwise than by reason of
superannuation or a declaration by a competent
medical authority that he is unfit for further service;
(c) any amount due under a liability incurred by the
subscriber to Government.
Part XIII — Payment
2.29. (1) When the amount standing to the credit of a
subscriber in the Fund, or the balance thereof after
any deduction under rule 2.28, becomes payable, it
shall be the duty of the Accounts Officer, after
satisfying himself, when no such deduction has been
directed under that rule, that no deduction is to be
made, to make payment as provided in section 4 of
the Provident Funds Act, 1925.
(2) If the person to whom, under these rules, any amount
or policy is to be paid , assigned, re-assigned or
delivered is a lunatic for whose estate a manager has
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83
been appointed in this behalf under the Lunacy Act,
1912 the payment or re-assignment or delivery will be
made to such manager, and not to the lunatic.
(3) If the person to whom under these rules any amount
is to be paid is a minor, of whose property a guardian
has been regularly appointed, the payment of such
amount shall be made to such guardian. If no such
guardian has been appointed, the Accounts Officer
empowered under sub-rule (1) to make the payment,
may pay such amount to the mother of the minor.
Where the mother of the minor-
(i) is not alive;
(ii) was in the life-time of the subscriber, judicially
separated from him;
(iii) has remarried; or
(iv) is or has become disqualified or otherwise
unsuitable, the Accounts Officer may pay such
amount to any suitable person nominated by the
Head of Office of the deceased subscriber in
consultation with the district authorities.
(b) Where the subscriber was a female, the Accounts
Officer, in applying the above provisions mutatis
mutandis, may make payment to the father of the
minor, or to such other person as may be appointed a
guardian.
(c) Where the guardian is any person other than the
mother, father, paternal grand-father, uncle, brother or
sister of the minor, the guardian shall be required to
execute an indemnity bond, with two sureties,
indemnifying Government against any claim which
may subsequently be made.
(4) Any person who desires to claim payment under this
rule shall send a written application in that behalf to
the Accounts Officer. Payment of amounts withdrawn
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84
shall be made in Pakistan only. The persons to whom
the amounts are payable shall make their own
arrangements to receive payment in Pakistan.
Note: When the amount standing to the credit of a
subscriber has become payable under rules 2.26,
2.27 or 2.28, the Accounts Officer shall authorize
prompt payment of that portion of the amount standing
to the credit of a subscriber in regard to which there is
no dispute or doubt, the balance being adjusted as
soon after as may be.
Part XIV — Pensionable service
2.30. (1) If a subscriber is permanently transferred to
pensionable service he shall, at his option, be entitled:
(a) to continue to subscribe to the Fund, in which
case he shall not be entitled to any pension; or
(b) to earn pension in respect of such pensionable
service, in which case, with effect from the date
of his permanent transfer:
i) he shall cease to subscribe to the Fund;
ii) the amount of contribution by Government
with interest thereon, standing to his credit
in the Fund shall be repaid to Government;
iii) the amount of subscription together with
interest thereon standing to his credit in
the Fund shall be transferred to his credit
in the General Provident Fund, to which
thereafter he shall subscribe in accordance
with the rules of that Fund.
(2) A subscriber shall communicate his option under
sub-rule (1) by letter to the Accounts Officer within
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85
three months of the date of the order transferring him
permanently to pensionable service; and if the
communication is not received in the office of the
Accounts Officer within that period, the subscriber
shall be deemed to have exercised his option in the
manner referred to in clause (a) of the said sub-rule.
Part XV — Procedure
2.31. All sums paid into the Fund under these rules shall be
credited in the books of Government to an account named “The
Punjab Contributory Provident Fund Account”. Sums of which
payment is not taken within six months after they become
payable under these rules shall be transferred to “Deposits” after
the 30th June of the year and treated under the ordinary rules
relating to deposits.
2.32. When paying a subscription in Pakistan either by deduction
from emoluments or in cash, a subscriber shall quote the number
of his account in the Fund which shall be communicated to him
by the Accounts Officer. Any change in the number shall similarly
be communicated to the subscriber by the Accounts Officer.
2.33. (1) Before the expiry of the third month of every financial
year, the Accounts Officer shall send to each
subscriber a statement of his account in the Fund,
showing the opening balance as on the *(1st July of
the preceding year), the total amount credited or
debited during the year, the total amount of interest
credited as on the 30th June of the year and the
closing balance on that date. The Accounts Officer
shall attach to the statement of account an enquiry
whether the subscriber:
(i) desires to make any alteration in any nomination
made under rule 2.5;
* Substituted for the words “ist July of the year” vide notification No.
FD/SRI-2-3/83 (Prov) dated 02.04.1989.
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(ii) has acquired a family (in cases where the
subscriber has made no nomination in favour of
a member of his family under proviso to sub-rule
(1) of rule 2.5).
(2) Subscribers should satisfy themselves as to the
correctness of the annual statement, and errors
should be brought to the notice of the Accounts
Officer within six months from the date of receipt of
the statement.
(3) Where any subscription made by a subscriber to
Contributory Provident Fund has not been shown or
credited in the account by the Accounts Officer, such
subscription shall be credited to the account of the
subscriber on the basis of —
(i) certificate of fund deduction by the Audit
Officer/Treasury Officer/District Accounts Officer
in the case of ***(Government servants in Basic
Pay Scale 16 and above); and
(ii) certificate of fund deduction by the Drawing and
Disbursing officer in the case of @(Government
servants in Basic Pay Scale 1 to 15.)
(4) The Accounts Officer shall, if required by a subscriber
inform the subscriber once, but not more than once, in
a year of the total amount standing to his credit in the
Fund at the end of the last month for which his
account has been written up.
***Substituted for the words “officers in National Pay Scale No. 16” vide
notification No. FD/SRI-2-3/83 (Prov) dated 02.04.1989.
@ Substituted for the words “Officials in National Pay Scales 1 to 15”
notification No. FD/SRI-2-3/83 (Prov) dated 02.04.1989.
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APPENDIX-I
(See Rule 1. 2(2) AND 2.2 (2))
THE PROVIDENT FUNDS ACT, 1925
ACT No. XIX of 1925
(27th August 1925)
AN ACT TO AMEND AND CONSOLIDATE THE LAW
RELATING TO GOVERNMENT AND OTHER PROVIDENT
FUNDS
Whereas it is expedient to amend and consolidate the law
relating to Government and other Provident Funds; it is hereby
enacted as follows:
1. Short title, extent and commencement-
(1) This Act may be called provident Funds Act, 1925.
(2) It extends to the whole of Pakistan.
(3) It shall come into force on such date as the (Central
Government) may, by notification in the (official
gazette), appoint.
2. Definitions — In this Act, unless there is anything repugnant
in the subject or context:
(a) “Compulsory Deposit” means a subscription to, or
deposit in, a Provident Fund which, under the rules of
the Fund is not, until the happening of some specified
contingency, repayable on demand otherwise than for
the purpose of the payment of premia in respect of a
policy of life insurance, or the payment of
subscriptions or premia in respect of a family pension
fund and includes any contribution **** and any
interest or increment which has accrued under the
rules of the fund on any such subscription, deposits,
or contribution, and also any such subscription,
deposits, contribution, interest or increment remaining
to the credit of the subscriber or depositor after the
happening of any such contingency;
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(b) “Contribution” means any amount credited in a
Provident Fund, by any authority administering the
Fund by way of addition to, a subscription to, or
deposit or balance at the credit of an individual
account in, the Fund; and “contributory Provident
Fund” means a Provident Fund the rules of which
provide for the crediting of contributions;
(c) “dependent” means any of the following relatives of a
deceased subscriber to, or a depositor in, a Provident
Fund, namely, a wife or wives, husband, parent, child,
minor brother, unmarried sister and a deceased son’s
widow and child, and, where no parent of the
subscriber or depositor is alive, a paternal
grand-parent;
(d) “Government Provident Fund” means a Provident
Fund, other than a Railway Provident Fund, constituted
by the authority of (the Secretary of State, the
Central Government, the Crown Representative or
any Provincial Government) for any class or classes
of (persons in the service of the state) or (of persons
employed in educational institutions or employed by
bodies existing solely for educational purposes), (and
references in this Act to the Government shall be
construed accordingly);
(e) “Provident Fund” means a fund in which subscriptions
or deposits of any class or classes of employees are
received and held on their individual accounts, and
includes any contributions **** and any interest or
increment accruing on such subscriptions, deposits or
contributions under the rules of the Fund;
(f) “Railway administration” means:
(i) any company administering a railway or
tramway in (Pakistan)(under Pakistan Law), or
under contract with the Government; or
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(ii) the Manager of any railway or tramway administered
by the (Provincial Government) and
includes, in any case referred to in sub-clause
(ii) the (Provincial Government).
(g) “Railway Provident Fund” means a Provident Fund
constituted by the authority of a railway administration
for any class or classes of its employees.
3. (1) Protection of compulsory deposits — A compulsory
deposit in any Government or Railway Provident Fund shall
not in any way be capable of being assigned or charged
and shall not be liable to attachment under any decree or
order of any Civil, Revenue or Criminal Court in respect of
any debt or liability incurred by the subscriber or depositor,
and neither the Official Assignee nor any Receiver appointed
under the Provincial Insolvency Act, 1920, shall be
entitled to, or have any claim on, any such compulsory
deposit.
• (2) Any sum standing to the credit of any
subscriber to, or depositor, in, any such Fund at the time of
his decease and payable under the rules of the Fund to any
dependant of the subscriber or depositor, or to such person as
may be authorized by law to receive payment on his behalf,
shall subject to any deduction authorized by this Act and, save
where the dependant is the widow or child of the subscriber or
depositor, subject also to the right of an assignee under an
assignment made before the commencement of this Act, vest
in the dependant, and shall, subject as aforesaid, be free from
any debt or other liability incurred by the deceased or incurred
by the dependant before the death of the subscriber or
depositor.
4. Provisions regarding repayments -(1) When under the rules
of any Government or Railway Provident Fund the sum standing
to the credit of any subscriber or depositor, or the balance thereof
after the making of any deduction authorized by this Act, has
become payable, the officer whose duty it is to make the payment
shall pay the sum or balance as the case may be, to the
subscriber or depositor, or if he is, dead, shall:
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(a) If the sum or balance, or any part thereof, vests in a
dependant under the provisions of section 3, pay the
same to the dependant or to such person as may be
authorized by law to receive payment on his behalf; or
(b) If the whole sum or balance, as the case may be,
does not exceed five thousand rupees, pay the same,
or any part thereof which is not payable under clause
(a) to any person nominated to receive it under the
rules of the Fund, or, if no person is so nominated, to
any person appearing to him to be otherwise entitled
to receive it; or
(c) in the case of any sum or balance or any part thereof,
which is not payable to any person under clause (a) or
clause (b) pay the same-
(i) to any person nominated to receive it under the
rules of the Fund, on production by such person
of probate or letters of administration evidencing
the grant to him of administration to the estate of
the deceased or a certificate granted under the
Succession Certificate Act, 1889, or under the
Bombay Regulation VIII of 1827, entitling the
holder thereof to receive payment of such sum,
balance or part; or
(ii) where no person is so nominated, to any person
who produces such probate, letters or certificate,
Provided that, where the whole or any part of any sum
standing to the credit of the subscriber or depositor has been
assigned to any other person before the commencement of this
Act, and notice in writing of the assignment has been received by
the officer from the assignee, the officer shall, after making any
deduction authorized by this Act and any payment due under
clause (a) to or on behalf of the widow or widows or children of
the subscriber or depositor:
(i) if the subscriber or depositor or, if he is dead,
the person to whom in the absence of any valid
assignment the sum or balance would be
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payable under this sub-section gives his consent
in writing, pay the sum or part or the balance
thereof, as the case may be, to the assignee; or
(ii) if such consent is not forthcoming, withhold
payment of the sum, part or balance, as the
case may be, pending a decision of a competent
Civil Court as to the person entitled to receive it.
(2) The making of any payment authorized by sub-section
(1) shall be a full discharge to the Government or the
Railway administration, as the case may be, from all
liability in respect of so much of the sum standing to
the credit of the subscriber or depositor as is
equivalent to the amount so paid.
5. Rights of nominees. (i) Notwithstanding anything contained
in any law for the time being in force or in any disposition,
whether testamentary or otherwise, by a subscriber to, or
depositor, in, a Government or Railway Provident Fund of the
sum standing to his credit in the Fund, or of any part thereof, any
nomination, duly made in accordance with the rules of the Fund
which purports to confer upon any person the right to receive the
whole or any part of such sum on the death of the subscriber or
depositor occurring before the sum has become payable or
before the sum, having become payable, has been paid, the said
person shall, on the death as aforesaid of the subscriber depositor,
become entitled, to the exclusion of all other persons, to
receive such, sum or part thereof, as the case may be unless:
(a) such nomination is at any time varied by another
nomination made in like manner or expressly
cancelled by notice given in the manner and to
the authority prescribed by those rules; or
(b) such nomination at any time becomes invalid by
reason of the happening of some contingency
specified therein, and if the said person
predeceases the subscriber or depositor, the
nomination shall, so far as it relates to the right
conferred upon the said person, become void
and of no effect:
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Provided that where provisions has been duly made in
the nomination in accordance with the rules of the Fund,
conferring upon some other person such right instead of the
person deceased, such right shall, upon the decease as
aforesaid of the said person, pass to such other person.
ii) Notwithstanding anything contained in the Succession
Certificate Act, 1889, or the Bombay Regulation, VII of
1827, any (person who becomes entitled as aforesaid,
may be granted) a certificate under that Act or that
Regulation, as the case may be, entitling him to
receive payment of such sum or part, and such
certificate shall not be deemed to be invalidated or
superseded by any grant to any other person of
probate or letters of administration to the estate of the
deceased.
iii) The provisions of this section as amended by subsection
(1) of section 2 of the Provident Funds
(Amendment) Act, 1946, shall apply also to all such
nomination made before the date of the
commencement of that Act.
Provided that the provisions of this section as so
amended shall not operate to affect any case, in which before the
said date any sum has been paid, or has under rules of the Fund
become payable in pursuance of any nomination dully made in
accordance with those rules.
6. Power to make deductions — When the sum standing to the
credit of any subscriber or depositor in any Government or
Railway Provident Fund which is a contributory Provident Fund
becomes payable, there may, if the authority (specified in this
behalf in the rules of the Fund) so directs, be deducted therefrom
and paid to (Government or the Railway Administration, as the
case may be).
(a) any amount due under a liability incurred by the
subscriber or depositor to (Government or the Railway
Administration), but not exceeding in any case the
total amount of any contributions credited to the
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account of the subscriber or depositor and of any
interest or increment which has accrued on such
contribution.
(b) Where the subscriber or depositor has been dismissed
from (his employment) for any reasons
specified in this behalf in the rules of the Fund, or
where he has resigned such employment within five
years of the commencement thereof, the whole or any
part of the amount of any such contributions, interest
and increment.
7. Protection for acts done in good faith. — No suit or other
legal proceeding shall lie against any person in respect of
anything which is in good faith done or intended to be done under
this Act.
8. Power to apply the Act to other Provident Funds —
(1) The appropriate Government may, by notification in
the official Gazette, direct that the provisions of this
Act shall apply to any Provident Fund established for
the benefit of its employees by any local authority
within the meaning of the Local Authorities Loans Act,
1914, and, on the making of such declaration, this Act
shall apply accordingly, as if such Provident Fund
were a Government Provident Fund and such local
authority were the Government.
(2) The appropriate Government, may, by notification in
the official Gazette, direct that the provisions of this
Act shall apply to any Provident Fund established for
the benefit of the employees of any of the institutions
specified in the Schedule, or of any groups of such
institutions, and, on the making of such declaration,
this Act shall apply accordingly, as if such Provident
Fund were a Government Provident Fund and the
authority having custody of the Fund were the
Government.
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Provided that section 6 shall apply as if the authority
making the contributions referred to in that section were the
Government.
(3) The appropriate Government may, by notification in
the official Gazette and to the Schedule the name of
any public institution (it) may deem fit, and any such
addition shall take effect as if it had been made by this
Act.
(4) In this section “the appropriate Government” means:
(a) In relation to a cantonment authority, a port
authority for a major port, and any institution
which, or the objects of which, appear to the
Central Government to fall within (the third
schedule to the Constitution), the Central
Government; and
(b) In other cases, the Provincial Government.
Explanation –“The Provincial Government” in relation to an
institution registered under the Societies Registration Act,
1860, means the Provincial Government of the Province in
which the Society is registered.
9. Savings as to estates of soldiers — Nothing in section 4 or
section 5 shall apply to money belonging to any estate for the
purpose of the administration of which the Regimental Debts Act,
1893 applies.
10. (Repeals) Rep. by the Repealing Act 1927 (XII of 1927), S.
2. and Schedule.
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APPENDIX-II
(See Explanation 1 to rule 1.14)
1. The fund is designed solely for the protection of a
subscriber’s family against his sudden death, or if he survives
until retirement, to provide both him and them with additional
resources in his old age. Anything which interferes with a
subscriber’s normal accumulations detracts from these purposes
and tends to defeat the true object of the fund. Rule 1.14 merely
permits a temporary and wholly exceptional departure from the
real purposes of the scheme, and unless it is strictly interpreted,
there is danger that subscribers will come to regard the fund as
an ordinary banking account, the existence of which absolves
them from the necessity of providing for the normal incidents of
life with the prudence which a private individual would exercise.
The inevitable result, if this tendency is countenanced, will be to
discourage thrift, and to leave the subscriber with a depleted
account at the time when it ought to be most helpful to him or his
family. Sanctioning authorities ought, therefore, to have no
hesitation in resisting any attempt to use the fund as a cheap loan
account, and in enforcing the altogether exceptional character of
rule 1.14 as a provision to meet urgent needs which could not
ordinarily have been anticipated. Every prudent married man for
example, should be prepared to meet a certain demand upon his
resources on account of doctor’s bills, and it is only when the
burden is exceptionally prolonged, or the necessity unusually
grave and sudden, that he ought to think of making use of the
provident fund for this object.
2. For the same reasons, a careful scrutiny should be applied
to request for withdrawals on account of marriage or funeral
expenses. Even where ceremonial expenditure, is by religious
custom obligatory, its extent should nevertheless be limited by
the resources of the family, and no subscriber should be enabled
to enhance such expenditure on the strength of deposits in the
fund. An advance from the fund can legitimately be made for
obligatory ceremonial expenditure where no other resources exist
but not in order to raise such expenditure to a more pretentious
scale.
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3. The intention of these instructions is not to limit the powers
of the authorities competent to sanction withdrawals from the
fund in case of absolute necessity, but the observance of the
principles enunciated above is in the real interest of the body of
subscribers to the fund.
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APPENDIX-III
(See Explanation 1 to rule 1.14)
The expression “amount already advanced” appearing in
sub-clause (ii) of clause (c) of rule 1.14 (1) should be taken as
referring to the first advance that may be granted not exceeding
two-thirds of the amount admissible under sub-clause (i) of
clause (c) ibid. Thus under sub-clause (ii) of clause (c) if a
subscriber who has already been granted an advance not
exceeding two-thirds of the amount admissible under sub-clause
(i) of clause (c) applies for a second advance (not exceeding the
limit specified in that clause) within twelve months of the final
repayment of the 1st advance or while it is still current, the
authority who sanctioned the first advance will be competent to
sanction the 2nd advance without a reference to higher authority.
It is possible that the sum of the two advances may not exceed
tow-thirds of the amount admissible under sub-clause (i) of
clause (c) and that the individual subscriber may apply for a third
advance within twelve months of the final repayment of the two
previous advances or while one or both of them is still current. In
such a cause it would be necessary for the original sanctioning
authority to seek the sanction of the next higher administrative
authority to the grant of the 3rd advance.
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*APPENDIX-IV
(See Explanation II to rule 1.14)
GOVERNMENT OF THE PUNJAB
FINANCE DEPARTMENT
NOTIFICATION
No.FDSR-I-2-5/82
The 31st May 1983
“The power to grant advances under rule 1.14 to 1.18 shall vest in
the authorities and to the extent indicated below:
Sr. Name of Authority For and in respect Extent of
No. of whom the powers power
are to be exercised
1. District/Divisional For the staff in Full
Heads/Regional Heads and up to NPS 18 powers
of Departments/Head working under in accorof
attached Deptts. them dance
with the
Provident
Fund Rules
2. Administrative For Officers in Ditto
Department NPS-19 & 20 working
directly under the
Administrative
Department
♦**3. (i) Registrar, Lahore For the staff in Ditto
High Court and up to BS-18
working in the
High Court except the
staff at (ii) below.
(ii) Additional Registrars For the staff in BS-1
Ditto
*Substituted vide F.D. Notification No. SRI-2-5/82 dated 31st May 1983.
** Substituted vide Notification No. FDSR.I-2-2/93 dated 19th February 2000.
Compendium 2008 G.P.Fund Rules
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at the Benches to 15 working at
the Benches.
4. Chief Justice or the For judicial offi- Ditto
Sr. Judge/Judges of cers upto and inclthe
High Court empow- uding District and
ered by the Chief Sessions Judges.
Justice in this behalf.
Sr. Name of Authority For and in respect Extent of
No. of whom the powers power
are to be exercised
5. Executive Head/Managing For all the civil Full
Director of the servants working on powers
Statutory Bodies deputation with the in
accordance
respective Statutory with the
Bodies Provident
Fund Rules
6. Dy. Secretary In charge For staff in NPS 1 Ditto
of Administration to 4 working in
the Secretariat.
7. Additional Secretary For staff in NPS 5 Ditto
to 18 working in
the Secretariat.
8. Administrative For staff in NPS-19 Ditto
Secretary working in the
Secretariat.
9. Chief Secretary For staff in NPS-20 Ditto
and above working
in the Secretariat.
Note: Cases involving relaxation of G.P. Fund Rules, shall,
however continue to be referred to the Finance Department
through the Administrative Department concerned.
Compendium 2008 G.P.Fund Rules
100
APPENDIX-V
(See Rule 1.34)
1. Any sum payable under rule 1.34 to a member of the family
of a subscriber vests in such member under sub-section (2) of
section 3 of the Provident Funds Act, 1925.
2. When a nominee is a dependant of the subscriber as
defined in clause (c) of section 2 of the Provident Funds, Act,
1925 the amount vests in such nominee under sub-section (2) of
section 3 of the Act.
3. When the subscriber leaves no family and no nomination
made by him in accordance with the provisions of rule 1.7
subsists, or if such nomination relates only to part of the amount
standing to his credit in the Fund, the relevant provisions of
clause (b) and of sub-clause (ii) of clause (c) of sub-section (1) of
section 4 of the Provident Funds Act, 1925, are applicable to the
whole amount or the part thereof to which the nomination does
not relate.
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101
FORMS
TABLE OF FORMS
Number Rule in which referred Description of
Forms
P.F.
1. 1.7 (3) & 2.5 (3) Form of Nomination
when the subscriber
has family.
2. 1.7 (5) and 8 and 2.5 (5) Form of Nomination
and (8) when the
subscriber
has no family.
3. 1.24 (1) (a) & 2.19 (1) (a) Form of
Assignment
4. -do- -do-
5. -do- -do-
6. 2.19 (1) (a) Form of Assignment
to be used in cases
where a subscriber to
the General Provident
Fund who has effected
an insurance policy
under the rules of that
fund is admitted to the
Punjab Contributory
Provident Fund.
7. 1.26 (1) (d) (i) and 2.21 Form of
Reassignment
(1) (d) (i) by the Governor of
the
Punjab.
8. 1.27 (1) (i) and 2.22 (1) (i) -doCompendium
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102
9. 1.15 (a) Form of Agreement.
10. 1.15 (b) -do-
11. 1.15 (c) -do-
12. 2.13 (1) (c) (ia) -do-
13. 2.13 (1) (c) (iia) -doCompendium
2008 G.P.Fund Rules
103
FORMS OF NOMINATION
Form P. F. 1
(Referred to in Rules 1.7 (3) and 2.5 (3))
WHEN THE SUBSCRIBER HAS A FAMILY AND WISHES TO
NOMINATE
ONE MEMBER THEREOF
I hereby nominate the person mentioned below, who is a
member of my family as defined in rule 1.2/2.2 of the Punjab
General/Contributory Provident Fund Rules, to receive the
amount that may stand to my credit in the Punjab General/
Contributory Provident Fund, in the event of my death occurring
before that amount has become payable, or having become
payable has not been paid.
Name and
address of
nominee
Relationship with
subscriber
Age
Dated this____________day of ____________19____
Signature of subscriber————————-
Two witnesses to signature
(1) ____________
(2) ____________
Form P.F. 1-A
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104
(Referred to in Rules 1.7 (3) and 2.5 (3)
WHEN THE SUBSCRIBE HAS A FAMILY AND WISHES TO
NOMINATE
MORE THAN ONE MEMBER THEREOF
I hereby nominate the persons mentioned below, who are
members of my family as defined in rule 1.2/2.2 of the Punjab
General/Contributory Provident fund Rules to receive the amount
that may stand to my credit in the Punjab General/ Contributory
Provident Fund in the event of my death occurring before that
amount has become payable, or having become payable has not
been paid, and direct that the said amount shall be distributed
among the said persons in the manner shown below against their
names–
Name and
address of
nominee
Relationship
with
subscriber
Ag
e
*Amount or
share of
accumulation
to be paid to
each
Dated this____________day of____________19_____
at____________
Signature of subscriber————————–
Two witness to signature
(1) ____________
(2) ____________
*Note: This column should be filled in so as to cover the whole
amount that may stand to the credit of the subscriber in the fund
at any time.
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105
Form P.F.1-B
(Referred to in Rules 1.7 (3) and 2.5 (3)
WHEN THE SUBSCRIBER HAS NO FAMILY AND WISHES
TO NOMINATE ONE PERSON
I, having no family as defined in rule 1.2/2.2 of the Punjab
General/ Contributory Provident Fund Rules, hereby nominate
the person mentioned below to receive the amount that may
stand to my credit in the Punjab General/Contributory Provident
Fund in the event of my death, occurring before that amount has
become payable or having become payable has not been paid.
Name and address
of nominee
Relationship with
subscriber
Age
Dated this____________day of ____________19____
at____________
Signature of subscriber————————
Two witnesses to signature
(1) ____________
(2) ____________
Compendium 2008 G.P.Fund Rules
106
Form P.F.1-C
(Referred to in Rules 1.7 (3) and 2.5 (3)
WHEN THE SUBSCRIBER HAS NO FAMILY AND WISHES TO
NOMINATE MORE THAN ONE PERSON
I, having no family as defined in rule 1.2/2.2 of the Punjab
General/ Contributory Provident Fund Rules, hereby nominate
the persons mentioned below to receive the amount that may
stand to my credit in the Punjab General/Contributory Provident
Fund in the event of my death occurring before that amount has
become payable, or having become payable, has not been paid,
and direct that the said amount shall be distributed among the
said persons in the manners shown below against their names:
Name and
address of
nominee
Relationship
with
subscriber
Age *Amount or
share of
accumulation
to be paid to
each
Dated this____________day of ____________19____
at____________
Signature of subscriber———————————
Two witnesses to signature
(1) ____________
(2) ____________
*Note: This column should be filled in so as to cover the whole
amount that may stand to the credit of the subscriber in the
fund at any time.
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107
Form of Contingent Notice of Cancellation
Form P.F. 2
(Referred to the Rule 1.7 (5) and (8) 2.5 (5) and (8)
WHERE NOMINATION IS IN FAVOUR OF ONE OR MORE
MEMBERS
OF THE SUBSCRIBER’S FAMILY
Without prejudice to my right under clause (4) of rule 1.7/2.5 of
the Punjab General/Contributory Provident Fund Rules, to cancel
the nomination made by me on ____________, whenever I think
fit, I hereby give notice that in the event of the person/any of the
persons nominated thereunder predeceasing me, or of my
contracting a fresh marriage or of my marriage with my wife/any
of my wives/my husband being dissolved by divorce or otherwise
the said nomination shall forthwith stand cancelled.
Dated this ____________day of ____________19____
at ____________
Signature of subscriber——————————–
Two witnesses to signature
(1) ____________
(2) ____________
Compendium 2008 G.P.Fund Rules
108
Form P.F.2-A
(Referred to in rule 1.7 (5) and (8) and 2.5 (5) and (8)
WHERE NOMINATION IS IN FAVOUR OF ONE OR MORE
PERSONS NOT
BEING MEMBERS OF THE SUBSCRIBER’S FAMILY
Without prejudice to my right under clause (4) of rule 1.7/2.5 of
the Punjab General/Contributory Provident Fund Rules, to cancel
the nomination made by me on _________, whenever I think fit, I
hereby give notice that in the event of the person/any of the
persons nominated thereunder predeceasing me, or in the event
of my hereafter acquiring a family as defined in rule 1.2/2.2 of the
said rules, the said nomination shall forthwith stand cancelled.
Dated this____________day of ____________19_____
at____________
Signature of subscriber
Two witnesses of Signature
(1) ____________
(2) ____________
Compendium 2008 G.P.Fund Rules
109
FORM P.F.3
[Referred to in Rules 1.24(1)(a) and 2.19(1)(a)]
Form of Assignments*
I, A.B., of____________hereby assign unto the Governor of
the Punjab the within policy of assurance as security for payment
of all sums which under the rules 1.29/2.23 (2) of the Punjab
General/Contributory Provident Fund Rules I may hereafter
become liable to pay to that Fund.
I hereby certify that no prior assignment of the within policy
exists.
Dated this___________day of________________19___
Signature of Subscriber—————
Station ____________
One witness to signature ____________
*Note: The assignment may be executed on the policy itself either in the
subscriber’s handwriting or in type, or alternatively a typed or printed
slip containing the assignment may be pasted on the blank space
provided for the purpose on the policy. A typed or printed endorsement
must be duly signed and if pasted on the policy it must be initially
across all four margins.
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110
FORM P.F.4
[Referred to in Rule 1.24(1)(a) and 2.19(1)(a)]
Form of Assignment*
We, A.B.(the subscriber)
of_________________________and C.D.(the joint assured)
of_______________________________in consideration of the
Governor of the Punjab agreeing at our request to accept
payments towards the within policy of assurance in substitution
for the subscriptions payable by me the said A.B. to the Punjab
General/Contributory Provident Fund or, as the case may be, to
accept the withdrawal of the sum of Rs._____________from the
sum to the credit of the said A.B. in the Punjab
General/Contributory Provident Fund for payment of the premium
of the within policy of assurance, hereby jointly assign unto the
said Governor of the Punjab the within policy of assurance as
security for payment of all sums which under rule 1.29/2.23(2) of
the Punjab General/Contributory Provident Fund Rules the said
A.B. may hereafter become liable to pay to that Fund.
We hereby certify that no prior assignment of the within
policy exists.
Dated this____________day of____________19____
Station ____________
Signature of Subscriber and the joint assured
One witness to signature ____________
*Note: The assignment may be executed on the policy itself either in the
subscriber’s handwriting or in type, or alternatively a typed or printed
slip containing the assignment may be pasted on the blank space
provided for the purpose on the policy. A typed or printed endorsement
must be duly signed and if pasted on the policy it must be initialed
across all four margins.
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111
FORM P.F.5
(Referred to in Rules 1.24 (1) (a) and 2.19 (1) (a)
Form of Assignment*
I.C.D., wife of A.B., and the assignee of the within policy,
having at the request of A.B. the assure, agree to release my
interest in the policy in favour of A.B., in order that A. B. may
assign the policy to the Governor of the Punjab, who has agreed
to accept payments towards the within policy of Assurance in
substitution for the subscriptions payable by A.B., to the Punjab
General /Contributory Provident Fund hereby at the request and
by the direction of A.B. assign and I, the said A.B., assign and
confirm unto the Governor of the Punjab the within policy of
Assurance as security for payment of all sums which under rules
1.29/2.23 (2) of the rules of the said fund the said A.B. may hereafter
become liable to pay to the Fund.
We hereby certify that no prior assignment of the within
policy exists.
Dated this____________day of____________19_____
Station ____________
Signature of Assignee and of the subscriber
One witness to signature ____________
*Note: The assignment may be executed on the policy itself either in the
subscriber’s handwriting or in type, or alternatively a typed or printed
slip containing the assignment may be pasted on the blank space
provided for the purpose on the policy. A typed or printed endorsement
must be duly signed and if pasted on the policy it must be initialed
across all four margins.
Compendium 2008 G.P.Fund Rules
112
FORM P.F.6
(Referred to in Rule 2.19 (1) (a)
Form of Assignment*
(To be used in cases where a subscriber to the General
Provident Fund who has affected an insurance policy under the
rules of that Fund is admitted to the Punjab Contributory
Provident Fund)
I.A.B. of____________hereby further assign unto the
Governor of the Punjab the within policy of assurance as security
for payment of all sums which under sub-rule (2) of rule 2.23 of
the Punjab Contributory Provident Fund Rules-I may hereafter
become liable to pay to the Punjab Contributory Fund.
I hereby certify that except an assignment to the Governor
of the Punjab as security for payment of all sums which I have
become liable to pay under rule 1.21 of the Punjab General
Provident Fund Rules, no prior assignment of the within policy
exists.
Signature of Subscriber ____________
One witness to signature ____________
*Note: The assignment may be executed on the policy itself either in the
subscriber’s handwriting or in type, or alternatively a typed or printed
slip containing the assignment may be pasted on the blank space
provided for the purpose on the policy A typed or printed endorsement
must be duly signed and if pasted on the policy it mush be initialed
across all four margins.
Compendium 2008 G.P.Fund Rules
113
FORM P.F. 7
Form of Reassignments by the Governor of the Punjab
PART-I
(Referred to in Rules 1.26 (1) (d) (i) and 2.21 (1) (d) (i)
All sums which have become payable by the above named
A.B./A.B. and C.D. under rule 1.29/2.23 (2) of the Punjab
General/Contributory Provident Fund Rules having been paid and
all liability for payment by him of any such sums in the future
having ceased the Governor of the Punjab doth hereby re-assign
the within policy of assurance to the said A.B./A.B. and C.D.
Dated this_____________day of_____________19_________
Executed by ______________Accounts Officer ___________
(Signature of the Fund for and on behalf of the Governor of the
Punjab the Accounts in the presence of Officer)
—
Y Z
(One witness who should add his designation and address)
Part II
(Referred to in Rules 1.26 (2) (i) and 2.21 (2) (i)
The above named A.B. having died on
the____________day of ____________19___, the Governor of
the Punjab doth hereby re-assign the within policy of assurance
to C.D____*
Dated this_____________
day of_____________19_________
Executed by Accounts Officer
(Signature of the Fund for and on behalf of the Governor of
the Punjab the Accounts in the presence of
Officer)
—
Y Z
(One witness who should add his designation and address)
*Fill in particulars of person or persons legally entitled to receive the
policy.
Compendium 2008 G.P.Fund Rules
114
FORM P.F.8
(Referred to in Rule 1.27 (1) (i) and 2.22 (1) (i))
Form of Reassignment by the Governor of the Punjab
The Governor of the Punjab doth hereby re-assign the
within policy to the said____________
A.B. A.B. and C.
Dated this_____________day
of_____________20_________
Executed by Accounts Officer
(Signature of the Fund for and on behalf of the Governor of
the Punjab the Accounts in the presence of
Officer)
—
Y Z
(One witness who should add his designation and address)
Compendium 2008 G.P.Fund Rules
115
FORM P.F.9.
(REFERRED TO IN RULE 1.15 (a)
FORM OF AGREEMENT
This indenture made the________day of___________
one thousand, nine hundred
and___________between__________ (hereinafter called the
subscriber, which expression shall include his heirs, executors
administrators, legal representatives, and assigns) of the one part
and the Governor of the Punjab (hereinafter called the Governor,
which expression shall include his successors in office and
assigns) of the other part.
WHEREAS the subscriber has applied to the Governor
to grant him an advance of Rs.__________out of the sum
standing to the credit of the subscriber in the General Provident
Fund (hereinafter referred to as Fund) under clause (a) of rule
1.15 of the Punjab General Provident Fund Rules (hereinafter
referred to as the Rules) to enable him to defray the expenses of
building a house on the piece of land bearing________situated
in__________district of __________sub-registration district
of__________containing __________more or less owned by, and
now in the possession of________the
subscriber/wife/husband/son(s) daughter(s) of the subscriber;
AND WHEREAS the Governor has agreed to advance
to the subscriber the said sum of Rs.____________on the terms
and conditions and in the manner laid down in the Rules and as
hereinafter contained.
NOW IT IS HEREBY AGREED between the parties to
this agreement that in consideration of the said sum of
Rs.________________advanced by the Governor to the subscriber
by installments as entered and received from time to time in
the schedule hereto annexed the subscriber shall expend the full
amount of the said advance towards the building of a house on
the said piece of land at the earliest possible opportunity and if
the actual amount so expended is less than the sum advanced
the subscriber shall repay the difference into the Fund forthwith.
AND IT IS HEREBY FURTHER AGREED AND
DECLARED that if the said piece of land or the house built
Compendium 2008 G.P.Fund Rules
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thereon is sold or otherwise alienated by the owner without
repaying the amount of the advance and before retirement of the
subscriber from service, the subscriber shall forthwith repay into
Fund the entire amount of the advance together with the interest
accrued thereon in a lump sum.
In witness whereof the subscriber has hereunto set
his hand the Day and year first above written.
Signed by the Subscriber____________in the presence of
1st witness____________
Address______________
Occupation____________
2nd witness____________
Address_______________
Occupation____________
FORM P.F.9
SCHEDULE
Sr. No. Date Amount of
installment
Signature of the subscriber
Compendium 2008 G.P.Fund Rules
117
FORM P.F. 10
(REFERRED TO IN RULE 1.15(b)
FORM OF AGREEMENT
This Indenture made of__________day of__________one
thousand nine hundred and____________between_________
(herein called the_______subscriber which expression shall
include his heirs, executors, administrators, legal representatives
and assigns) of the one part and the Governor of Punjab
(hereinafter called the Governor, which expression shall include
his successors in office and assigns) of the other part.
Whereas the subscriber has applied to the Governor to
grant him an advance of Rs.__________out of the sum standing
to the credit of the subscriber in the General Provident Fund
(hereinafter referred to as the Fund) under clause (b) of rule 1.15
of the Punjab General Provident Fund Rules (hereinafter referred
to as the Rules) to enable him to purchase a house on a piece of
a land bearing______________situated in_________district
of__________sub-registration district of__________;
And, whereas the Governor has agreed to advance to the
subscriber the said sum of Rs.____________on the terms and
conditions and in the manner laid down in the Rules and as
hereinafter contained;
Now it is hereby agreed between the parties to this
agreement that in consideration of the said sum of Rs.______
advanced by the Governor to the subscriber the subscriber shall
expend the full amount of the said advance towards the purchase
of the said house within three months from the drawl of the
advance, and, if the actual amount so expended is less than the
sum advanced, he shall repay the difference into the Fund
forthwith.
And it is hereby further agreed and declared that if the said
house is sold or otherwise alienated by the subscriber without
repayment of the advance and before his retirement from service
the subscriber shall forthwith repay into the Fund the entire
amount of the advance together with the interest accrued thereon
in a lump sum.
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Signature of the subscriber____________
In the presence of:——————————-
1st witness____________
Address______________
Occupation____________
2nd witness____________
Address_______________
Occupation____________
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FORM P.F.11
(REFERRED TO IN RULE 1.15 (c))
FORM OF AGREEMENT
This indenture made the__________day__________one
thousand, nine hundred and__________between__________
(hereinafter called the subscriber, which expression shall include
his heirs, executors, administrators, legal representatives and
assigns of the one part and the Governor of the Punjab
(hereinafter called the Governor which expression shall include
his successor-in office and assigns) of the other part.
Whereas the subscriber has applied to the Governor to
grant him an advance of Rs.__________out of the sum standing
to the credit of the subscriber in the General Provident Fund
(hereinafter referred to as the Fund) under clause(c) of rule 1.15
of the Punjab General Provident Fund Rules (hereinafter referred
to as the Rules) to enable him to purchase a piece of agricultural
land bearing__________situated in ________district
of________sub-registration district of _________.
And, whereas the Governor has agreed to advance to the
subscriber the said sum of Rs.__________on the terms and
conditions and in the manner laid down in the Rule and as
hereinafter contained.
Now, it is hereby agreed between the parties to this
agreement that in consideration of the said sum of
Rs.______advanced by the Governor to the subscriber by in/in a
lump sum as entered and received from time to time in the
schedule hereto annexed the subscriber shall expend the full
amount of the said advance towards the purchase of the said
piece of land at the earliest possible opportunity and if the actual
amount so expended is less than the sum advanced, the
subscriber shall repay the difference into the Fund forthwith.
And it is hereby further agreed and declared that if the said
piece of land is sold or otherwise alienated by the subscriber
without repayment of the advance and before his retirement from
service, the subscriber shall forthwith repay into the Fund the
entire amount of the advance together with the interest accrued
thereon in a lump sum.
Compendium 2008 G.P.Fund Rules
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In witness whereof the subscriber has hereunto set his
hand the day and year first above written.
Signature by the subscriber____________
In the presence of___________________
1st witness____________
Address______________
Occupation____________
2nd witness____________
Address______________
Occupation____________
SCHEDULE
Sr. No. Date Amount of
installment
Signature of the subscriber
Compendium 2008 G.P.Fund Rules
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*FORM P.F.12
[REFERRED TO IN RULE 2.13 (1)]
FORM OF AGREEMENT
This indenture made on__________day of__________one
thousand, nine hundred
and___________between__________(hereinafter called the
subscriber which expression shall include his heirs, executors,
administrators, legal representatives and assigns) of the one part
and the Governor of the Punjab (hereinafter called the Governor,
which expression shall include his successors in Office and
assigns) of the other part.
Whereas the subscriber has applied to the Governor to
grant him an advance of Rs.__________out of the sum standing
to the credit of the subscriber in the Contributory Provident Fund
(hereinafter referred to as the Fund) under clause (iv) of rule 2.13
(1) (a) of the Punjab Contributory Provident Fund Rules
(hereinafter referred to as the Rules) to enable him to purchase a
house on a piece of land bearing_________situated
in________district of_________sub-registration district
of__________;
And, whereas the Governor has agreed to advance to the
subscriber the said sum of Rs.__________on the terms and
conditions and in the manner laid down in the Rules and as
hereinafter contained;
Now it is hereby agreed between the parties to this
agreement that in consideration of the said sum of Rs.______
advanced by the Governor to the subscriber, the subscriber shall
expend the full amount of the said advance towards the purchase
of the said house within three months from the drawl of the
advance, and, if the actual amount so expended is less than the
sum advanced, he shall repay the difference into the Fund
forthwith.
And it is hereby further agreed and declared that if the said
house is sold or otherwise alienated by the subscriber without
repayment of the advance and before his retirement from service
*Added vide notification No. FD/SRI-2-3/83 (Prov) dated 02.04.1989.
Compendium 2008 G.P.Fund Rules
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the subscriber shall forthwith repay into the Fund the entire
amount of the advance together with the interest accrued thereon
in a lump sum.
Signature by the subscriber:
In the presence of:
1st witness____________
Address______________
Occupation____________
2nd witness____________
Address______________
Occupation____________
Compendium 2008 G.P.Fund Rules
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*FORM P.F. 13
[REFERRED TO IN THE RULE 2.13 (1)]
FORM OF AGREEMENT
This indenture made the__________day of__________one
thousand, nine hundred
and__________between___________(hereinafter called the
subscriber, which expression shall include his heirs, executors,
administrators, legal representatives, and assigns) of the one part
and the Governor of the Punjab (hereinafter called the Governor,
which expression shall include his successors in office and
assigns) of the other part.
WHEREAS the subscriber has applied to the Governor to
grant him an advance of Rs.__________out of the sum standing
to the credit of the subscriber in the Contributory Provident Fund
(hereinafter referred to as Fund) under clause (iv) of rule 2.13 (1)
(a) of the Punjab Contributory Provident Fund Rules (hereinafter
referred to as the Rules) to enable him to defray the expenses of
building a house on the piece of land bearing__________situated
in________district of__________sub-registration district
of__________containing __________more or less owned by, and
now in the possession of__________the
subscriber/wife/husband/son(s)/daughter(s) of the subscriber;
AND WHEREAS the Governor has agreed to advance to
the subscriber the said sum of Rs.__________on the terms and
conditions and in the manner laid down in the Rules and as
hereinafter contained.
NOW IT IS HEREBY AGREED between the parties to this
agreement that in consideration of the said sum of Rs.______
advanced by the Governor to the subscriber by installments as
entered and receipted from time to time in the schedule hereto
annexed, the subscriber shall expend the full amount of the said
advance towards the building of a house on the said piece of land
at the earliest possible opportunity and if the actual amount so
expended is less than the sum advanced, the subscriber shall
repay the difference into the Fund forthwith.
*Added vide notification FD/SRI-2-3/83 (Prov) dated 02.04.1989.
Compendium 2008 G.P.Fund Rules
124
AND IT IS HEREBY FURTHER AGREED AND DECLARED
that if the said piece of land or the house built thereon is sold or
otherwise alienated by owner without repaying the amount of the
advance and before retirement of the subscriber from service, the
subscriber shall forthwith repay into Fund the entire amount of the
advance together with the interest accrued thereon in a lump
sum.
In witness whereof the subscriber has hereunto set his
hand the day and year first above written.
Signed by the subscriber:
In the presence of:
1st witness____________ 2nd witness ___________
Address______________ Address______________
Occupation____________ Occupation____________
SCHEDULE
Sr. No. Date Amount of
installment
Signature of the subscriber
Compendium 2008 G.P.Fund Rules
125
ANCILLARY INSTRUCTIONS
(General Provident Fund Rules)
Compendium 2008 G.P.Fund Rules
126
CONTENTS
Sr# SUBJECT Page#
1 DISPENSING WITH PAYMENT AUTHORITY AND
TIME LIMIT FO PAYMENT OF G.P.FUND
BALANCES
2 REPLACEMENT OF EXISTING G.P.FUND
SYSTEM
3 REPLACEMENT OF EXISTING G.P.FUND
SYSTEM BY PROVIDENT FUND BOND SYSTEM
4 REPLACEMENT OF EXISTING G.P.FUND
SYSTEM BY ROVIDENT FUND BOND SYSTEM
5 REPLACEMENT OF EXISTING G.P.FUND
SYSTEM
6 DISPENSING WITH PAYMENT AUTHORITY AND
TIME LIMIT FOR PAYMENT OF G.P.FUND
BALANCES
7 DISPENSING WITH PAYMENT AUTHORITY AND
TIME LIMIT FOR PAYMENT OF G.P.FUND
BALANCES
8 REPLACEMENT OF EXISTING G.P.FUND
SYSTEM BY PROVIDENT FUND BOND SYSTEM
9 REPLACEMENT OF EXISTING G.P.FUND
SYSTEM BY PROVIDENT FUND BOND SYSTEM
10 REPLACEMENT OF EXISTING G.P.FUND
SYSTEM BY PROVIDENT FUND BOND SYSTEM
11 IMPROVEMENT IN THE GENERAL PROVIDENT
FUND SCHEME
12 IMPROVEMENT IN THE G.P.FUND SCHEME
13 IMPROVEMENT IN THE G.P. FUND SCHEME
14 IMPROVEMENT IN THE GENERAL PROVIDENT
FUND SCHEME
15 UNIFORM RATES OF SUBSCRIPTION TOWARDS
GENERAL PROVIDENT FUND
16 UNIFORM RATES OF SUBSCRIPTION TOWARDS
GENERAL PROVIDENT FUND
Compendium 2008 G.P.Fund Rules
127
OFFICE OF THE ACCOUNTANT-GENERAL PUNJAB, LAHORE
O.O.NO.Fd-I/AS-1-35/A.G.Conf-1985/479 dated 07.09.1985
1. Subject: DISPENSING WITH PAYMENT AUTHORITY AND
TIME LIMIT FOR PAYMENT OF G.P.FUND
BALANCES
Final payments of G.P.Fund should be made to
subscribers on the basis of available balance in the Ledger Cards
within seven days of the receipt of application. Issue of a
payment authority by the Audit Office may be dispensed with if
payment is to be made on the same station.
2. Payment authorities will, however need to be issued by one
audit circle to another and one District Accounts Officer to
another where so required.
3. Departments’ Drawing and Disbursing Officers and Officers
may henceforth be asked to submit bills for final withdrawal of
G.P.Fund at the pre-audit counter of the Audit Office concerned
together with G.P.Fund Form 10 and application. The bill will be
completed by the Department/Drawing and Disbursing
Officers/Officer with the help of the G.P.Fund balance shown in
the latest Accounts Statement available with them. Necessary
correction, if required in the amount of claim will however, be
made by the respective Audit Office/District Accounts Office and
the claim passed for payment. An intimation of the
balance/interest paid or still to be paid will also be issued by the
Audit Office concerned to the Drawing and Disbursing
Officers/Gazetted Officers for their information.
GOVERNMENT OF THE PAKISTAN
Finance Division
Compendium 2008 G.P.Fund Rules
128
No.F.1(4)-Reg(7)/86
Dated the 10th July 1986
2. Subject: REPLACEMENT OF EXISTING G.P.FUND SYSTEM
BY PROVIDENTFUND BOND SYSTEM
The undersigned is directed to refer to this Division’s
O.M.No.F.1(4)-Reg(7)/86 dated the 19th June 1986, on the
subject noted above, and to state that as full implementation of
the P.F.Bond Scheme is likely to take some time, it has been
decided that payment of the amount being deducted towards
P.F.Bond Scheme from the salaries of the employees who shall
retire during the current financial year (i.e. from 01.07.1986 to
30.06.1987) will be made to them along with the final payment of
their G.P. Fund balances.
GOVERNMENT OF THE PAKISTAN
Finance Division
No.F.1(4)-Reg(7)/86
Dated 24th July 1986
3.Subject: REPLACEMENT OF EXISTING G.P.FUND SYSTEM
BY PROVIDENT FUND BOND SYSTEM
The undersigned is directed to refer to this Division’s O.M.of
even number dated the 10th July 1986 on the subject noted
above, and to state that the G.P.Fund advances and their
recoveries may continue to be granted up to 30th June 1987
under the existing rules and orders. The financing of Insurance
Policies out of the fund will also be admissible up to 30.06.1987
whereafter payment on account of Policies premium from
G.P.Fund will cease and such Policies would taken be financed
through subscribes’ own resources.
`No.FD/SRI-2-3/83(Prov)
Dated the 21st September 1986
Compendium 2008 G.P.Fund Rules
129
4.Subject: REPLACEMENT OF EXISTING G.P.FUND SYSTEM
BY ROVIDENT FUND BOND SYSTEM
I am directed to refer to the subject noted above and to
state that there has been a general complaint that the existing
General Provident Fund Scheme has not been working
satisfactorily for some time in the past. The major problem has
been that of missing credits and in spite of best efforts no
satisfactory solution could be found for this problem. It has,
therefore, been decided by the Government to change the
existing General Provident Fund into a Provident Fund Bond
System.
2. One of the important features of the new system will be a
uniform fixed rate of subscription for every employee as given in
Annexure. The new rates have been linked with the basic pay
scales. The deduction from the pays of the employees on the
basis of the new rates would be compulsory from the salary of
June paid in July, 1986 and onwards. There will be no option to
postpone subscription to this Fund either during leave of any kind
or during the training period. In cases of suspension, recovery of
arrears of subscription will be affected if re-instatement takes
place.
3. Under the new scheme it would not be possible for an
employee to subscribe at a higher rate. However, he can obtain
bonds of an equivalent amount in excess of his normal annual
subscription from the Bank through his own resources if he so
desires.
4. The other details of the scheme would be circulated
separately.
Compendium 2008 G.P.Fund Rules
130
ANNEXURE
STATEMENT SHOWING UNIFORM RATE OF SUBSCRIPTION
FOR PROVIDENT FUND BOND SYSTEM
Minimum Proposed
Basic deduction at rate of
Scale existing rate monthly
No. Minimum Maximum Mean (on mean) deduction
__________________________________________________________
_________
1 2 3 4 5 6
__________________________________________________________
_________
1 440 640 540 16 20
2 460 700 580 17 20
3 480 760 620 19 25
4 500 820 660 20 25
5 520 880 700 21 30
6 540 940 740 22 30
7 560 1020 790 40 50
8 590 1110 850 43 50
9 620 1200 910 46 60
10 660 1300 980 49 60
11 700 1400 1050 53 70
12 750 1550 1150 58 70
13 800 1700 1250 63 80
14 850 1850 1350 68 80
15 900 2000 1450 73 100
16 1050 2250 1650 132 150
17 1600 3040 2320 186 200
18 2100 3600 2850 228 250
19 3200 4480 3840 307 350
20 3800 5240 4520 362 400
21 4200 6000 5100 408 450
22 4500 6500 5500 440 500
Compendium 2008 G.P.Fund Rules
131
No.FD/SRI-2-3/83(Prov)
Dated the 14the October 1986
5. Subject: REPLACEMENT OF EXISTING G.P.FUND SYSTEM
BY PROVIDENT FUND BOND SYSTEM
I am directed to refer to this Department’s circular letter of
even number dated 21st September, 1986 on the subject noted
above and to enclose copies of Ministry of Finance, Government
of Pakistan, office Memo.No.F(4)-Reg(7)/86, dated 10th July,
1986 and 24th July, 1986 for information and necessary action.
OFFICE OF THE ACCOUNTANT-GENERAL
PUNJAB, LAHORE.
O.O.NO.Fd-I/AS-1-35/168 dated 19.02.1987
6. Subject: DISPENSING WITH PAYMENT AUTHORITY AND
TIME LIMIT FOR PAYMENT OF G.P.FUND
BALANCES
Attention is invited to the O.O.No.Fd.I/AS-1-35/AGConf/
1985/479 dated 07.09.1985 (copy enclosed) on the above
subject. Complaints are being received from various subscribers
that the instructions contained in the said office order are not
being observed strictly under which the Auditor-General of
Pakistan has ordered offices to pay the available G.P.Fund
balance within 7 days of the receipt of application from the
subscriber, even without the issue of payment authority. The
Accountant General, Punjab has taken very serious view of the
delays caused and has ordered, that the instructions on the
Compendium 2008 G.P.Fund Rules
132
subject should be strictly observed by all District Accounts
Officers and Fund Sections.
2. In order to avoid loss to Government in the shape of heavy
interest which has to be paid to the subscribers in case of
delay/time taken by various District Accounts Officers in
transferring and consolidating the balance at one place, it is
ordered that final payment of G.P.Fund accumulations should be
paid within 7 days of the date of receipt of application for final
payment at the station from where he retired.
3. A certificate to the effect that final payment of G.P.Fund
balance is being made within 7 days from the date of receipt of
application should be furnished by all to Fd-I Coordination section
on 1st of each month and a note to this effect kept in the calendar
of returns. Any departure from these orders if noticed, will be
dealt with severely.
4. The receipt of this letter may please be acknowledged.
No.FD/SRI-2-1/87
Dated the 20th May 1987
7.Subject: DISPENSING WITH PAYMENT AUTHORITY AND
TIME LIMIT FOR PAYMENT OF G.P.FUND
BALANCES
I am directed to enclose Accountant General, Punjab,
Memo.No.FD/I/ AS-1-35/168 dated 19.02.1987, and his office
orders No.Fd-I/AS-1-35/AG-Conf/1985/479 dated 07.09.1985 on
the above subject for your information and necessary action.
Compendium 2008 G.P.Fund Rules
133
No.FD/SRI-2-3/83(Prov)
Dated the 24th June 1987
8. Subject: REPLACEMENT OF EXISTING G.P.FUND SYSTEM
BY PROVIDENT FUND BOND SYSTEM
I am directed to refer to para 3 of this department circular
letter of even number dated 21st September 1986 on the subject
noted above wherein it has been stated that under the new
scheme it would not be possible for an employee to subscribe at
a higher rate. However, he can obtain Bonds of an equivalent
amount in excess of his normal annual subscription from the
Bank through his own resources if he so desires.
2. With regards the procedure to be followed for obtaining
additional bonds it is clarified that matching subscription equal to
the amount of annual subscription or less, but only in multiples of
monthly subscription, not exceeding the amount of annual
subscription, can be made by making payment by the subscriber
himself to the State Bank of Pakistan or the National Bank of
Pakistan in the month of May, only under the following Head of
Account:
1000-Unfunded Debt.
15000-State Provident Fund.
1526-Provident Fund Bonds.
1557-Provident Fund Bonds.
Additional matching subscription.
Two copies of the treasury challan will remain in the
custody of the D.D.O. until the issue of the bonds to the
subscriber concerned.
Compendium 2008 G.P.Fund Rules
134
3. Bonds to be issued against the matching subscription would
be in different colours and bear a series different from the regular
subscription bonds.
No.FD/SRI-2-3/83(Prov)
Dated the 15th July 1987
9.Subject: REPLACEMENT OF EXISTING G.P.FUND SYSTEM
BY PROVIDENT FUND BOND SYSTEM
I am directed to refer to this department’s circular letter of
even number dated 14.10.1986 on the subject noted above and
to state that as complete implementation of P.F.Bond Scheme is
likely to take some more time, it has now been decided as
follows:
(i) Payment of the amount being deducted towards
P.F.Bond Scheme from the employees who
shall retire during the period from 01.07.1986 to
30.06.1988 (if the said scheme is not fully
enforced by that time) will be made to them
along with the final payment of their G.P.Fund
Balance.
(ii) Grant of advance, recoveries thereof and the
financing of insurance policies out of the G.P.
Fund allowed up to 30.06.1987 now stands
extended up to 31st May 1988.
No.FD/SRI-2-3/83(Prov)
Dated the 15th September 1987
10.Subject: REPLACEMENT OF EXISTING G.P.FUND SYSTEM
BY PROVIDENT FUND BOND SYSTEM
Compendium 2008 G.P.Fund Rules
135
I am directed to refer to this Department’s letter of even
number dated 21.09.1986 on the subject noted above and to
state that consequent upon the revision of the basic pay scales
with effect from 01.07.1987 it has been decided to revise the
rates of subscription towards the Provident Fund Bonds as shown
in the *Annexure. The deductions from the pays of the employees
on the basis of the new rates shall be made in July, 1987 to be
paid on 1st August 1987 and onwards.
2. There will be no option to postpone subscription to the
above Fund either during leave of any kind or during the training
period. In cases of suspension, recovery of arrears of
subscription will be affected if reinstatement takes place.
GOVERNMENT OF THE PAKISTAN
FINANCE DIVISION
No.F.1(5)-Reg(7)87-1507
Dated the 20th December 1987
11. Subject: IMPROVEMENT IN THE GENERAL PROVIDENT
FUND SCHEME
I am directed to refer to your letter No. 1046Reg.II/ 16/C/87,
dated the 9th December 1987 (copy enclosed), on the above
subject, and to state that the points made therein have been
considered and the following decisions taken:
i) The latest G.P.Fund advance sanctioned on or before
the date of issue of this letter may be treated as the
single outstanding advance and others be treated as
non-refundable advances.
ii) The subscriptions towards the G.P.Fund will remain
restricted only to the fixed monthly rates for the
respective pay scales. Matching contribution in cash
towards the fund will NOT be admissible now.
*See at page 93.
Compendium 2008 G.P.Fund Rules
136
iii) The financing of insurance policies out of the
G.P.Fund was made admissible up to 31st May 1988.
Henceforth, the payment on account of Insurance
Premium from the fund will cease and such policies
would be financed through subscribers’ own resources.
iv) a) The annual rate of profit on the G.P.Fund may
vary from year to year. Additional benefit of 30%
over and above the normal rate of profit means
30% of the profit announced by the Government
year to year. For example, normal profit
declared by the Government for a certain year is
14%, the subscribers will get 14% plus 30% of
14%.
b) Additional benefit of 30% clarified above has
been allowed w.e.f. 1st July, 1986. Normal rate
of profit declared by the Government for the year
1985-86 will, therefore, apply on closing
balances as on 30th June 1986. Total G.P.Fund
balance (G.P.Fund balance including profit
brought forward plus subscriptions towards P.F.
Bonds during 1986-87) thus arrived at on 30th
June 1987 will be eligible for additional benefit.
This will be the method for the subsequent
years.
2. Necessary instructions may kindly be issued to all
concerned in the matter under intimation to this Division. It may
also please be ensured that budgetary impact of the change is
reflected in the Revised Estimate of 1987-88.
No.FD/SRI-2-3/83 (Prov)
Dated the 1st February 1988
12. Subject: IMPROVEMENT IN THE G.P.FUND SCHEME
Compendium 2008 G.P.Fund Rules
137
I am directed to state that the General Provident Scheme
was replaced by the Provident Fund Bond Scheme and fixed rate
of subscription towards the Provident Fund Bond Scheme by
each employee were notified vide this department’s letter No.
FD-SRI-2-3/83(Prov) dated 21.09.1886. These rates were further
revised as a result of revision of basic pay scales with effect from
01.07.1987 vide this department’s letter of even number dated
15.09.1987.
2. The Federal Government have intimated that while working
out the details of the new system it was felt that in addition to the
question of cost effectiveness, operation of the Provident Fund
Bond Scheme was likely to entail practical difficulties in its
implementation. Therefore, after thorough review it has been
decided that instead of introducing the Provident Fund Bond
Scheme, its features may be introduced in the existing General
Provident Fund Scheme which should be continued. Since the
main idea behind the new G.P. Fund Scheme was to provide
extra financial benefit to the Government servants, it has been
decided to allow from the date of inception of the Scheme
(01.07.1986) the additional benefit at 30% over and above the
normal rate of profit payable to the Government servants under
the existing G.P. Fund Scheme. Fixed rates of contribution will be
retained and the subscribers will be allowed advance in a manner
that only one advance will remain outstanding at one time.
Compendium 2008 G.P.Fund Rules
138
No.FD/SRI-2-3/83 (Prov)
GOVERNMENT OF PAKISTAN
FINANCE DEPARTMENT
Dated the 24th February 1988
13.Subject: IMPROVEMENT IN THE G.P. FUND SCHEME
I am directed to refer to this department’s circular letter of
even number dated 01.02.1988 and to enclose a copy of Federal
Government’s O.M.No.F. 1(5)-Reg(7)/87-1507 dated 20.12.1987
with enclosures on the subject noted above and to state that the
clarifications made therein have been adopted by the Punjab
Government.
2. I am directed to state that there may have been instances
where Government servants at the end of last financial year
deposited additional matching subscriptions permissible under
the defunct Provident Fund Bond Scheme. It has been decided
that such Government servants be given the option to either get a
refund of the amount deposited or have the amount credited to
their G.P.Fund accounts. Such amounts along with other
G.P.Fund balance will be entitled to all the benefit allowed on the
closing balance of G.P.Fund as on 30th June 1987.
No. FD/SRI-2-3/83 (Prov)
Dated the 5th June 1988
14. Subject: IMPROVEMENT IN THE GENERAL PROVIDENT
FUND SCHEME
Reference your letter No. FD-I/AS/Provl.GPF/22, dated
29.03.1988 on the subject noted above.
2. It is clarified that a second non-refundable advance is
admissible but it will not be allowed until at least a period of one
year has elapsed since the previous advance had been drawn.
GOVERNMENT OF THE PUNJAB
Compendium 2008 G.P.Fund Rules
139
Finance Department
No.FD/SRI-2-1/95 dated 5th July 1995
STATEMENT SHOWING UNIFORM RATE OF
SUBSCRIPTION
TOWARDS GENERAL PROVIDENT FUND FROM 1ST JULY
1995
Scale Minimum Maximu
m
Mean Minimum
subscription
(on
mean) at
the rate
shown in
column
Rate of
monthly
subscription
Remarks
1 2 3 4 5 6 7
B 1
B 2
B 3
B 4
B 5
B 6
B 7
B 8
B 9
B 10
B 11
B 12
B 13
B 14
B 15
B 16
B 17
B 18
B 19
B 20
B 21
B 22
Rs. 1245
Rs. 1275
Rs. 1320
Rs. 1360
Rs. 1400
Rs. 1440
Rs. 1480
Rs. 1540
Rs. 1605
Rs. 1660
Rs. 1725
Rs. 1830
Rs. 1950
Rs. 2065
Rs. 2190
Rs. 2535
Rs. 3880
Rs. 5085
Rs. 7750
Rs. 9195
Rs. 10190
Rs. 10900
Rs. 1770
Rs. 1935
Rs. 2070
Rs. 2230
Rs. 2390
Rs. 2535
Rs. 2695
Rs. 2860
Rs. 3060
Rs. 3265
Rs. 3465
Rs. 3780
Rs. 4110
Rs. 4480
Rs. 4845
Rs. 5490
Rs. 7360
Rs. 8745
Rs.
11600
Rs.
13595
Rs.
15640
Rs.
17000
Rs.1507.50
Rs.1605.00
Rs.1695.00
Rs.1795.00
Rs.1895.00
Rs.1987.50
Rs.2087.50
Rs.2200.00
Rs.2332.50
Rs.2462.50
Rs.2595.00
Rs.2805.00
Rs.3030.00
Rs.3272.50
Rs.3517.50
Rs.4012.50
Rs.5620.00
Rs.6915.00
Rs.9675.00
Rs.11395
Rs.12915
Rs.13950
Rs. 45.23
Rs. 80.25
Rs. 84.75
Rs. 89.75
Rs. 94.75
Rs. 99.38
Rs. 100.00
Rs. 110.00
Rs. 116.63
Rs. 123.13
Rs. 129.75
Rs. 140.25
Rs. 242.40
Rs. 261.80
Rs. 281.40
Rs. 321
Rs. 449.60
Rs. 553.20
Rs. 774.00
Rs. 911.60
Rs.1033.2
0
Rs.1116.0
0
Rs. 50
Rs. 85
Rs .85
Rs. 90
Rs. 95
Rs.100
Rs. 100
Rs. 110
Rs. 120
Rs. 125
Rs. 130
Rs. 145
Rs. 250
Rs. 265
Rs. 285
Rs. 325
Rs. 450
Rs. 560
Rs. 780
Rs. 920
Rs.
1040
Rs.
1120
Minimum
rates of
subscription
(on mean) will
be as under:
Pay
Rate
Range
Up to
Rs.1600
3%
Up to
Rs.1601-
5%
3000/-
Above
8%
Rs.3000
Compendium 2008 G.P.Fund Rules
140
No.FD/SRI-2-1/95
Dated the 19th November 2001
15.Subject: UNIFORM RATES OF SUBSCRIPTION TOWARDS
GENERAL PROVIDENT FUND
I am directed to refer to this Department’s circular letter No.
FDSR-I-2-1/95 dated 5th July 1995 regarding uniform rates of
subscription and to state that consequent upon the revision of the
basic pay scales for the civil employees of the provincial
Government vide Finance Department’s circular letter No.
FD.PC-2-1/2001, dated 22nd October, 2001, it has been decided
to review the rates of subscriptions towards General Provident
Fund as shown in column 6 of the Annex to this circular letter.
The deduction from the pay of employees on the basis of new
rates shall be made in December to be paid on 1st January 2002
till further orders.
2. There shall be no option to postpone subscription to the
above Fund either during leave (except Extraordinary Leave
without Pay) or during the training period.
Compendium 2008 G.P.Fund Rules
141
STATEMENT SHOWING UNIFORM RATE OF SUBSCRIPTION
TOWARDS GENERAL PROVIDENT FUND EFFECTIVE
FROM
1ST DECEMBER 2001 VIDE CIRCULAR LETTER
NO. FD.SR.I.2.1/95 DATED 19TH NOVEMBER, 2001
Scal
e
Min. Max. Mean Minimu
m
subscrip
-tion
(on
mean)
at the
rate
shown
in
column
7
Rate
of
monthl
y
subscri
p-tion
Remarks
1 2 3 4 5 6 7
BS Rs. Rs. Rs. Rs. Rs.
1 1870 3520 2695 80.85 85
2 1915 3865 2890 144.50 145
3 1980 4230 3105 155.25 160
4 2040 4590 3315 165.75 170
5 2100 5100 3600 18.000 180
6 2160 5460 3810 190.50 195
7 2220 5820 4020 201.00 205
8 2310 6210 4260 213.00 215
9 2410 6760 4585 229.25 230
10 2490 7290 4890 244.50 245
11 2590 7840 5215 260.75 265
12 2745 8595 5670 453.60 455
13 2925 9375 6150 492.00 495
14 3100 1030
0
6700 536.00 540
15 3285 1123
5
7260 580.80 585
16 3805 1265
5
8230 658.40 660
Minimum rates of
subscription (on mean)
will be as under:
Pay range Rates
1) Upto Rs. 2700
03%
2) Upto Rs 2701 to
Rs 5600
05%
3) Above Rs. 5600
08%
Compendium 2008 G.P.Fund Rules
142
17 6210 1551
0
1086
0
868.80 870
18 8135 1983
5
1398
5
1118.80 1120
19 1240
0
2470
0
1855
0
1484.00 1485
20 1471
0
2801
0
2136
0
1708.80 1710
21 1630
5
3128
5
2379
5
1903.60 1905
22 1744
0
3494
0
2619
0
2095.20 2100
Compendium 2008 G.P.Fund Rules
143
No.FD/SRI-2-1/95
Dated the 8th September 2005
16. Subject: UNIFORM RATES OF SUBSCRIPTION TOWARDS
GENERAL PROVIDENT FUND
I am directed to refer to this Department’s circular of even
number dated 19.11.2001 regarding uniform rates of subscription
and to state that consequent upon the revision of the basic pay
scales for the civil employees of the provincial Government vide
Finance Department’s circular letter No. FD.PC-2-1/2005 dated
16.07.2005, it has been decided to review the rates of
subscriptions towards General Provident Fund as shown in
column 5 of the Annex to this circular letter. The deductions from
the pay of employees on the basis of new rates shall be made in
September to be paid on 1st October 2005 untill further orders.
2. There shall be no option to postpone subscription to the
above fund either during leave (except extraordinary leave
without pay) or during the training period.
Compendium 2008 G.P.Fund Rules
144
STATEMENT SHOWING UNIFORM RATE OF SUBSCRIPTION
TOWARDS GENERAL PROVIDENT FUND EFFECTIVE
FROM
1ST SEPTEMBER 2005 VIDE CIRCULAR LETTER
NO. FD.SR.I-2-1/95 DATED 8TH SEPTEMBER, 2005
BS Min. Max. Mean Rate of
monthly
subscription
Remarks
1 2 3 4 6 7
BS Rs. Rs. Rs. Rs.
1 2150 4100 3125 100
2 2200 4450 3325 170
3 2275 4825 3550 180
4 2345 5345 3845 190
5 2415 5865 4140 210
6 2485 6235 4360 220
7 2555 6755 4655 230
8 2655 7155 4905 250
9 2770 7720 5245 260
10 2865 8415 5640 280
11 2980 8980 5980 300
12 3155 9905 6530 520
13 3365 1071
5
7040 560
14 3565 1181
5
7690 620
15 3780 1293
0
8355 670
16 4375 1457
5
9475 760
17 7140 1784
0
1249
0
1000
18 9355 2285
5
1610
5
1290
19 14260 2836
0
2131
0
1700
20 16915 3224
5
2458
0
1970
Minimum rates of
subscription (on
mean) will be as
under:
BPS
Subscription
1 3.00%
2-11 5.00%
12-22 8.00%
Compendium 2008 G.P.Fund Rules
145
21 18750 3597
0
2736
0
2190
22 20055 4021
5
3013
5
2410
Compendium 2008 G.P.Fund Rules
146
INDEX
Compendium 2008 G.P.Fund Rules
147
Compendium 2008
Pay Revision Rules
Accounts
Subscribers’ —- 5
Accounts Officer 1
adopted child 2, 4, 34
advance
Payment of —- 11
Purpose for which —- may
be granted 10
Advance
—- for construction of a
house 13
—- for purchase of a
house for residence 14
—- for purchase of
agricultural land from
Government 14
—- for purchase of
conveyance 12
—- for reason of health 14
—- for the overseas
passage for reasons of
education of any
member of the
subscriber’s family 14
—- for the performance of
Haj 14
—- to defray expense in
connection with the
prolonged illness 14
—- to for the overseas
passage of the
subscriber 14
—- to pay obligatory
expenses on a scale
appropriate subscriber’s
status in connection with
funerals or ceremonies
which by his religion it is
incumbent upon him to
perform 14
Non-refundable —- 13
Recovery of —- 16
Advance of Pay 16
Advances
—- from the Fund 10
Advances from the Fund
G.P. Fund 42
Agreement
Form of —- 83
The advance shall be
drawn only after an —-
is executed between the
subscriber and the
Governor in Form P.F.10
14
The advance shall be
drawn only after an —-
is executed by the
subscriber and the
Governor in form P.F.11
14
Ancillary instructions 91
Appeal
—- against removal,
dismissal or compulsory
retirement 9
Assignment
Form of —- 78
Authorities
Power to grant advances
under rule 1.14 to 1.18
shall vest in the —- 67
Basic Pay Scale 6, 112
BOND SYSTEM 92, 93, 94,
96, 97, 113
Cancellation
—- of nomination 4
Contingent notice of —- 4
Form of Contingent notice
of —- 75
Ceremonies 10
child
Posthumous —- 28
Compendium 2008 G.P.Fund Rules
149
circumstances in which
Accumulations are
payable 53
Compulsory retirement
Appeal against removal,
dismissal or —- 9
Compulsory subscription 2
Conditions
—- and rates of
subscription 5
Conditions and rates of
subscriptions 37
Constitution
—- and Management of
the Fund 34
— of the Fund 2
Contingent notice
Form of —- of cancellation
75
Continuous Service 2
Contribution by Government
G.P. Fund —- 39
CONTRIBUTORY
PROVIDENT FUND
RULES 33
conveyance
To purchase a —- 11
Debts
—- incurred 11
Deductions
G.P. Fund —- 55
Definitions 1
Deputation
—- in Pakistan or abroad 6
Discontinuing subscription
Government servant who
exercises the option
allowe dby Rule 1.5 (2)
may 3
Dismissal
Appeal against removal, —
— or compulsory
retirement 9
Dispensing
—- with payment authority
95
Eligible to joining
All Government servants
in permanent, temporary
or officiating service
(including probationary
service shall be —- this
Fund 2
emoluments 1, 7, 8, 17, 19,
23, 24, 26, 27, 28, 31, 37,
38, 39, 40, 41, 45, 46, 48,
49, 50, 52, 53, 54, 57,
107, 108
family 1, 2, 4, 10, 14, 17, 18,
26, 28, 29, 31, 33, 35, 36,
42, 46, 52, 54, 55, 58, 59,
65, 69, 70, 71, 72, 74, 76
Family 1, 33
When the subscriber
leaves a —- 28
Family pensions funds
Payments towards
insurance policies and —
— 17
Final withdrawal
—- of accumulations in the
fund 27
Form
—- of agreement 83
—- of assignment 78
—- of contingent notice of
cancellation 75
FORM OF AGREEMENT 83,
85, 86, 88, 89
Form of Reassignments 81
FORMS OF NOMINATION
71
Compendium 2008 G.P.Fund Rules
150
Fund 2
Funerals 10
Head of Account
—- for crediting unclaimed
interest 9
History of amendments 106
house
Purchase of a —- 10
illness
Prolonged —- 10
incurred
Debts — 11
Ineligible
A Government servant
subscribing to a
Contributory Provident
Fund shall be —- to join
this Fund 2
Insurance policies
Payments towards —- and
family pensions funds 17
interest 5, 7, 8, 9, 10, 11, 12,
13, 14, 16, 17, 19, 21, 22,
23, 24, 25, 26, 27, 28, 30,
31, 35, 37, 39, 40, 41, 42,
43, 44, 45, 46, 47, 49, 50,
51, 52, 53, 55, 57, 58, 59,
60, 63, 65, 79, 83, 85, 86,
88, 89, 95, 96, 112
Interest
—- shall not be credited to
the account of a Muslim
scriber if 9
—- shall not be payable
beyond the end of the
sixth month after the
month in which the
amount became payable
9
G.P. Fund —- 40
leave 2
Management of the Fund
Constitution and —- 34
Marriages 10
Monthly subscription
Rate of —- 6, 112
No option to withdraw 3
Nomination 3
Every —- shall be in such
one of the Forma P.F.1,
1-A, 1-B, or 1-C, as is
appropriate in the
circumstances 4
Forms of —- 71
Nominations
G.P. Fund —- 35
Non-refundable
Advance —- 13
Optional
Subscription to the Fund
will be —- 5
Optional subscription 3
Original version of rules 106
overseas passage
—- for reasons of health or
education 10
Payment
—- of advance 11
G.P. Fund —- 55
Payment authority
Dispensing with —- 95
Payments
—- shall be rounded to the
nearest rupee 17
—- towards insurance and
family pensions funds 17
Pensionable service 57
plot of land
Purchase of —- 10
Posthumous
—- child 28
Procedure
G.P. Fund —- 57
Procedure Rules 31
Compendium 2008 G.P.Fund Rules
151
prolonged
—- illness 10
PROVIDENT FUND
—- Bond System 92
Punjab
—- contributory provident
fund rules 33
Purchase
— of a conveyance 11
—- of a house 10
—- of plot of land 10
Purposes
— for which advance may
be granted 13
Rate
of monthly subscription 6,
112
Rate of subscription
—- shall be determined on
the basis of pay actually
receivable from
Government 3
RATE OF SUBSCRIPTION
93, 98, 100, 102, 113
Rates of subscriptions
—- of G.P. Fund 37
Conditions and —- 5
Realisation of subscriptions
G.P. Fund —- 39
Reassignment
Form of —- 82
Reassignments
Form of —- 81
Recovery
—- of advance 16
Removal
Appeal against —-,
dismissal or compulsory
retirement 9
Right to resume subscription
3
Rights and liabilities of a
subscriber 3
Statement
—- of account in the fund
31
Subscribers
—- Accounts 5
Subscriber’s Account 37
subscription 3, 5, 6, 7, 10,
17, 18, 19, 20, 31, 37, 38,
39, 46, 47, 48, 57, 58, 59,
92, 96, 97, 98, 99, 101,
103, 106, 107, 108, 109,
112
Excess payment of — 10
Subscription
— to the Fund will be
optional 5
Title and commencement 1
Uniform
—- rate of subscription 93
Voluntary subscription
Those re-employed for 2
year or less shall be
allowed 3
Year 2