Para 12.1 — MSO (A&E)
Original Rule Text
12.1 In the maintenance of accounts pertaining to Service and Provident funds controlled by Government, the duties of the Accountant General consists mainly in seeing that these transactions conform to the rules or regulations governing the administration of each fund and any subsidiary instructions issued thereunder, subscription to a Service Provident Fund can be received only from such Government servants as are either required or permitted by the rules of the fund to subscribe to it. Having satisfied himself on this score the Accountant General must watch that the subscriptions and any other dues recoverable under the rules of a fund are duly and regularly recovered from the Government servant concerned. In the case of contributory Provident Fund, the Accountant General has also to examine that Government's share is properly calculated and brought to account. Finally the Accountant General should verify that the accounts of the funds are correct both in total and the detailed accounts of the subscribers.
# B-SERVICE AND OTHER FUNDS
What This Means
The Accountant General is responsible for maintaining all Service and Provident Fund accounts controlled by the government. This involves verifying that only eligible government servants subscribe, ensuring regular recovery of subscriptions and dues, checking that the government's contribution (in contributory funds) is correctly calculated, and confirming that both the total fund balance and each subscriber's individual account are accurate.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Only eligible government servants may subscribe to a Service/Provident Fund
- 2Subscriptions and other dues must be recovered regularly and completely
- 3Government's share in contributory PF must be correctly calculated and booked
- 4Both aggregate fund totals and individual subscriber accounts must be verified
- 5The AG is the custodian of these fund accounts
Practical Example
A newly recruited Group B officer applies to join the GPF. The Fund Section checks his eligibility against the fund rules, confirms he is required to subscribe, assigns him an account number, and begins monitoring that his monthly subscription is being deducted from his salary. At year-end, the AG verifies that his individual balance and the total fund balance both tally.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
What is the AG's primary duty regarding Provident Funds?▼
What is a contributory Provident Fund?▼
Does the AG verify individual accounts or only the total?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.