TN Govt Employees Special Provident Fund -Cum- Gratuity Scheme 1984 and 2000
Tamil Nadu Government Special Provident Fund cum Gratuity Scheme | TN Govt Employees PF and Gratuity | Retirement with Government contribution
(G.O.Ms.No.268, Finance (Pension) Dept., dated 31.07.2002)
(G.O.Ms.No.504, Finance (Pension) Dept., dated 02.11.2002)
- (i) This Scheme was introduced with effect from 1‑4‑1984. A monthly subscription of Rs.20/- per month was being recovered from Government employee for 148 months and the total subscription is being repaid along with interest accrued thereon at the time of retirement with Government contribution of Rs.10,000/-.
- (ii) After introduction of the new scheme Tamil Nadu Government Special Provident Fund cum Gratuity Scheme, 2000 from 1‑10‑2000, the enrolment of employees in the old scheme had ceased. However, the employees who had already been enrolled under the earlier scheme are being paid the monetary benefits continuously at the time of their retirement. Further, all regular Government employees in service upto 30‑9‑2000 were allowed to opt and subscribe Rs.50/- per month till one month prior to the date of retirement which is refundable along with interest accrued thereon.
- (iii) This Scheme was made compulsory to all the employees appointed on or after 1‑10‑2000 and the subscription was enhanced to Rs.70/- per month. The total subscription is refunded with interest at the time of retirement with Government contribution of Rs.10,000/-.
- (iv) The Director of Pension is the Estimating, Reconciling and Controlling Authority for the above schemes. Funds provided by Government in the Budget is drawn and disbursed by respective departments to the retired employees and teachers (except aided schools / colleges / polytechnic colleges) for settling the payments under the schemes.