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Monday, March 3, 2014

National Pension System – GPF Rules made applicable

Implementation of National Pension System - Applicability of General Provident Fund Rules to the employees under National Pension System


GOVERNMENT OF KERALA
Abstract
Pension - Implementation of National Pension System - Applicability of General Provident Fund Rules to the employees under National Pension System - Clarification -Orders issued.

FINANCE (PENSION-A) DEPARTMENT
G.O. (P) No. 81/2014/Fin.      Dated, Thiruvananthapuram 24.02.2014.

Read: 1. G.O. (P) No. 20/2013/Fin dated 07.01.2013.
            2. G.O. (P) No. 208/2013/Fin dated 07.05.2013.
            3. Minutes of the meeting held on 01.01.2013 by the Hon'ble Chief
                Minister with service   organization representatives.
            4. Lr. No. FMI/1-5/2013-14/000228 dated 14.06.2013 from the
               Accountant General (A&E) Kerala, Thiruvananthapuram.

ORDER

As per the Government Order read as 1st  & 2nd  above National Pension System (NPS) has been implemented in the State for all appointments made on or after 01.04.2013. This Scheme would apply to all employees to whom Part III Kerala Service Rules
would have been applicable otherwise and to Public Sector Undertakings where pensioner benefits as per Part 111 Kerala Service Rules are granted. Now, as per the letter read above, the Accountant General (A&E) has sought clarification as to whether the General Provident Fund Rules are applicable for those employees who have joined the service on or after 01.04.2013 and coming under NPS.

After having examined  the matter in detail, Government are pleased to order that the General Provident Fund (Kerala) Rules 2011 would be made applicable to those employees to whom General Provident Fund (Kerala) Rules would have been made applicable otherwise, who have joined service on or after 01.04.2013 and come under the purview of National Pension System. The payment of arrears of subscription towards General Provident fund would be exempted for the above category of employees.

By Order of the Governor,
V.SOMASUNDARAN
Additional Chief Secretary (Finance)



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