The GPF is constituted w.e.f 1st April 1935
>All Govt servants including those appointed on or bfr 31.8.2004 under rule 10(a)(i) of the State&Subordinate Service Rules r eligible.(G.O.Ms.No.326/21-12-1988)
>Not applicable to those appointed on or after 01.09.2004(G.O.Ms.No.653/22-9-2004)
- 6% of emoulments¬ more than total emoulments.
- Subscribers may enhance Twice or Reduce once with in a Financial year.(G.O.Ms.No.21/24-01-1981)
- A subscriber shall not subscribe during last four months of his service (G.O.Ms.No.98/19.06.1992)
- Temporary Advance
- PartFinal Withdrawal
- Expenditure towards higher Edn including towards traveling expenditure or self child Education includes outside India.
- On completion of 20 yrs of service or 10 yrs service bfr retirement.
- 3 months of BP of GPF balance whichever is less.In spl.cases upto 10 months of pay.
- Expenditure towards illness of self&family.
- 6 months of pay or half of balance whichever is less.In spl.cases 3/4th of balance.
- Expenditure towards marriage&betrothal of self,son,daughter&female dependent.
- 6 months of pay or half of balance whichever is less.In spl.cases upto 10 months pay.
- Expenditure towards house building purpose.
- After completion of 15 yrs service or within 10 yrs of retirement.
- Upto 3/4ths of the balances or actual cost whichever is less.
- Expenditure towards acquiring house site.
- 1/4th of balance or actual cost whichever is less.
- Expenditure towards construction of a house on a site. Purchased from the amount withdrawn under Rule 15F.
- Acquiring a farm land or business premises.
- 6 months bfr retirement
- Upto half of balance or 6 months pay whichever is less.In spl.cases upto 3/4th of balance.
- Expenditure towards purchase of motor car.
- After 28 yrs of service or 3 yrs bfr retirement,
- Rs.12,000 or 1/4th of balance or actual price whichever is the least.
- 1988-89 to 1999-2000 12%
- 2000-2001 - 11%
- 2001-2002 - 9.5%
- 2002-2003 - 9%
- 2003-2004 to 2010-2011 - 8%
- 2011-2012 - 8% upto 11/2011 - 8.6%
- 12/2011 to 3/2012 - 8.6%
- 2012-2013 - 8.8%
- 2013-2014 - 8.7%