Para 12.27 — MSO (A&E)
Original Rule Text
12.27 Final Withdrawal of the entire accumulation in the subscriber's Provident Fund in the case of quitting of service, death etc. wherever admissible, should be authorised by the Accounts Officer in accordance with the Provident Fund Rules, a note of such authorisation, duly attested by the Gazetted Officer being kept in the respective ledger accounts. The progress of finalisation of all cases of final withdrawal of entire accumulation should be watched through a suitable Register. In the case of payments relating to non-gazetted subscribers authorised through their heads of offices, the receipt of a certificate of disbursement should be watched and when received it should be noted in the subscriber's account.
What This Means
When a subscriber quits service, dies, or otherwise becomes eligible for full withdrawal of their PF accumulation, the Accounts Officer authorises the final payment per the fund rules. A note of this authorisation, attested by a Gazetted Officer, is kept in the subscriber's ledger account. Progress of all final withdrawal cases is tracked through a register. For non-gazetted subscribers whose payments are routed through Heads of Offices, the AG must also watch for the receipt of a disbursement certificate confirming the payment was actually made.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Final withdrawal authorised by the Accounts Officer per PF rules
- 2Authorisation note kept in the ledger account, attested by a Gazetted Officer
- 3Progress tracked through a suitable register
- 4For non-gazetted staff, disbursement certificate from Head of Office must be obtained
- 5Applies on quitting service, death, or other eligible events
Practical Example
A non-gazetted employee retires after 35 years of service. The Fund Section calculates his total GPF accumulation at Rs 18,50,000. The Accounts Officer authorises the final payment and records a note in the ledger. Payment is routed through the Head of Office, who disburses it and sends back a certificate of disbursement. The Fund Section records receipt of this certificate and closes the account.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
Why is a disbursement certificate required for non-gazetted subscribers?▼
How is the progress of final withdrawal cases monitored?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.