GPF Subscriptions

 Conditions of Subscription :

A Subscriber shall subscribe monthly to the fund except during a period of suspension.
Provided that subscriber, may at his option, not subscribe during leave which either does not carry any leave salary or carries leave salary equal to or less than half pay or half average pay.

Provided further that a subscriber on reinstatement after a period passed under suspension shall be allowed the option of paying in one sum, or in instalments, any sum not exceeding the maximum amount of arrears subscription permissible for the period.

The subscriber shall intimate his intention not to subscribe during the leave in the following manner 

(a) If he is an officer who draws his own bill, by making no deduction on account of subscription in  his first bill drawn after proceeding on leave.

(b) If he is not an Officer who draws his own pay bills, 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 that the subscriber elects to subscribe.

The option intimated by the subscriber shall be final.   (Rule 10 (1,2))

A Government servant due to retire on superannuation shall be exempted from making any subscription to the GPF during last six months of his service.  The discontinuance of subscription would be compulsory and not optional.

RATES OF SUBSCRIPTION :

Sl. NoScale of PayAmount of minimum monthly subscription
12500-3850130
22600-4350140
32775-4950155
43000-5450170
53300-6300195
63850-7050220
74150-7850240
84575-8400260
95200-9580300
105575-10620325
116000-11200345
126300-11840365
137400-13120400
148000-13440430
159580-14200480
1610620-14960550
1711520-15840550
1812800-16720590
1913820-17220625
2014960-20720715

Interest to be accrued as per the rate decided by the Government from time to time. The present rate of interest for the year 2010-11 is 8%