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Sunday, 31 May 2015

General Pension Fund: Employees allowed to get advance money

Employees allowed to get advance money from their GPF

Chandigarh: Punjab government today allowed its employees to get advance payment from their respective GPF (General Pension Fund) accounts for the purpose of higher education of their wards.

It also gave nod to provide non-returnable advance to its employees for the treatment of employees or their family members, removing earlier restrictions in this regard.

The Finance Department in a statement said employees could get 90 per cent non-returnable advance from GPF before their superannuation.

According to official spokespersons, employees desiring to go for ‘Haj’along with their family members could also get non-returnable advance.

He said necessary directions have been issued to all heads of departments, commissioners of divisions, Registrar of Punjab and Haryana High Court, all Deputy Commissioners and all Session Judges.

PTI
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