Beruflich Dokumente
Kultur Dokumente
f)Paymeans pay as defined in the Service Rules and includes leave salary, subsistence grant or any remuneration of
the nature of pay received in respect of foreign service;
g)Sanctioning authoritymeans an authority specified in sub-rule (I) of rule 13;
h)Subscribermeans a Government servant who subscribes to the Fund;
i)Yearmeans a financial year.
2)Any other expression used in these rules but not defined shall have the same meaning as assigned to it in the
Provident Funds Act, 1925(XIX of 1925), or in the Service Rules for the time being in force.
3)Nothing inthese rules shall be deemed to have the effect of terminating the existence of the General Provident
Fund as heretofore existing.
Maintenance of the Fund:
3.The Fund shall be maintained in Bangladesh in Taka.
Eligibility to join the Fund:
4.All Government servants who are not required or permited to subscribe to the Contributory Provident Fund shall
be eligible to join the Fund.
Note: A Government servant who has been re-employed on contract after retirement may join the Fund as an
optional subscriber.
Subscribers:
5.1)All eligible Government Servants who, before the coming into force of these rules being in Service complete
two years continuous service shall join the Fund as compulsory subscriber; and
2)All eligible Government Servants who, before thecoming into force of these rules have not completed two years of
continuous service and who enter service on or after the commencement of these rules shall join the Fund as
compulsory sub-scribers on completion of two years of continuous service:
Providedthat a Government servant may, at his option, join the Fund even before the completion of two years
service and discontinue subscription to the Fund on attainment of the age of 52years.
Nomination:
6.1)A subscriber shall, at the time of joining the Fund, send to the Account Officer, a nomination conferring on one
or more persons the right to receive the amount that may stand to his credit in the Fund, in the event of his death
before that amount has become payable, or having become payable, has not beenpaid:
Provided that if, at the time of making the nomination, the subscriber has a family, the nomination shall not be in
favour of any person or persons other than the members of his family:
Provided further that a subscriber having no family may nominate any person, but as soon as he acquires a family
the nomination sent earlier to the Account Officer shall stand cancelled.
2)If a subscriber nominates more than one person under sub-rule (1), ho shall specify in the nomination the amount
of share payableto each of the nominees in such manner as to cover the whole of the amount that may stand to his
credit in the Fund at any time.
3)Every nomination shall be in such one of the Forms set forth in the First Schedule as is appropriate in the
circumstances.
4)A subscriber may at any time cancel a nomination by sending a notice In writing to the Account Officer:
Provided that the subscriber shall, along with such notice, send a fresh nomination made -
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301to Tk.
500per month
iii)
Pay from Tk.
9%
501to Tk.
1000per month
iv)
Pay from Tk.
12%
1001to Tk.
2000per month
v)
Pay exceeding
15%
Tk. 2000per
month