Enhancement of age of retirement of Government Employees and Teachers – Closure of General Provident Fund Accounts.
The Finance Department (Provident Fund) of Kerala Government has issued detailed instructions regarding the above matter on 30th May 2012 on its website.
The Kerala Government have withdrawn the unification of the date of retirement and enhanced the age of compulsory retirement of Government Employees, Teachers and Staff of Aided Educational Institutions to 56 years and made it statutory also.
The Accountant General in the meantime, has processed several General Provident Fund accounts of Government Employees and Teachers, who would have to retire from service on 31.03.2012 as per existing rule
and authorisations issued on settlement of the accounts in many and many more closure applications have been in advanced stage of processing and sought to issue necessary orders treating the already closed General Provident accounts and those submitted for closure,vide Rule 39 of General Provident Fund (Kerala) Rules as closed disallowing any further remittance despite Rule 7(e) of General Fund (Kerala) Rules. He has further requested that those subscribers who have not submitted closure applications so far may be allowed to continue till they attain superannuation and so will be allowed with in the confines of Rule 7 (a) and (d).
and authorisations issued on settlement of the accounts in many and many more closure applications have been in advanced stage of processing and sought to issue necessary orders treating the already closed General Provident accounts and those submitted for closure,vide Rule 39 of General Provident Fund (Kerala) Rules as closed disallowing any further remittance despite Rule 7(e) of General Fund (Kerala) Rules. He has further requested that those subscribers who have not submitted closure applications so far may be allowed to continue till they attain superannuation and so will be allowed with in the confines of Rule 7 (a) and (d).
Government have examined the matter in detail and are pleased to issue the following orders with immediate effect:
The already closed General Provident Fund accounts or submitted closure applications as per Rule 39 of General Provident Fund (Kerala) Rules of those Government Employees and Teachers but continue in service consequent on enhancement of age of retirement as per Government Order cited 1st shall be treated as closed and no further subscriptions shall he entertained ¡n relaxation of Rule 7 (e).
Those subscribers including teachers who enjoy the benefit of extended service, but have not submitted applications for closing the General Provident Fund accounts as per Rule 39 General Provident Fund (Kerala) Rules so far would continue to subscribe to the Fund and their accounts will be settled invoking Rule 7 (a), (d) on attaining superannuation and as provided under Rule 39 General Provident Fund (Kerala) Rules.
The Rule 7 (e) stands modified to this extent with the view to accommodate the situation arose as sequel to the lifting of unification of retirement age.
0 comments:
Post a Comment