-
Final Withdrawal from Provident Fund is permitted only for Railway employees with 15 years service including broken periods.
On medical Grounds
-
Railway staff who is not eligible for final withdrawal can opt for temporary withdrawal from PF.
-
No advance shall not be granted until at least 50% of last advance has been repaid.
-
Amount of advance shall be such that after making all recoveries net amount payable is not less than 50% of Basic pay of the Railway staff concerned.
-
For Running staff Basic Pay + 30% will be taken for calculating the advance.
-
Permitted on following occasions:
On medical Grounds
-
For Railway employees who are posted on or after 01.01.2004 Provident Fund rules are not applicable.
-
Railway employee contributes 8.5% of Pay + GP to State Railway Provident Fund Account.
-
The account is maintained by Accounts Department. Each PF account is allotted a specific number.
-
Voluntary Contribution to PF (VPF) can be made from the salary of a Railway staff subject to the maximum limit that the amount should not be more than the amount remaining after recoveries.
-
