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Enhancement of age of Retirement -Closure of GPF Accounts-Allowed

Government have ordered modifications to the existing Rules regarding closure of General Provident Fund Accounts

Main Points:
1. The already closed GPF accounts or submitted closure application as per Rule 39 of GPF(Kerala) Rules of those Government employees and Teachers but continue in service consequent on enhancement of age of retirement as per GO.(P) No.170/2012/Fin dated 22/03/2012 shall be treated as closed and no further subscription shall be entertained in relaxation of Rule 7(e).
2. Those subscribers including teachers who enjoy the benefit of extended service, but have not submitted applications for closing the GPF accounts as per Rule 39 GPF(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 GPF(Kerala) Rules

Download the Full order

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