FINAL WITHDRAWAL (CLOSURE)

 Final withdrawal of accumulation in the Fund is permitted when subscriber quits the service (on retirement, dismissal, resignation, compulsory retirement, removal etc.).

 In case of death while in service.

How to Apply for Closure

 Online application for GPF closure has to be submitted through State HR application (SPARK)

 The DDO of the subscriber having PEN shall forward the application through the online module provided in the SPARK along with required document.

 The application duly filled in and signed by the subscriber/claimant(s) is to be submitted through state HR application to the department for forwarding the same with digital signature  to the Accountant General along with requisite documents by the Head of Office.

Conditions for Closure

 Subscription and refund shall be discontinued during the last three months of service

 A subscriber may at any time during the last one year of service opt to close the account by giving option under Rule 7(d), i.e., after stopping subscription.

Manner of Payment

The Accounts Officer closes the account after verifying the ledger accounts and issue an authority for payment of the amount. Digitally signed authorizations are forwarded to the Drawing and Disbursing Officers concerned which are available through online state HR application(SPARK).  The Fund accumulation payable to the subscriber shall be paid to the person(s) on whom the right to receive the amount is conferred by means of a nomination as per rules, if the said subscriber has passed away while in service or before  receiving the fund accumulation after retirement. If the subscriber dies while in service and where there is no nomination, the amount will be paid to the eligible family members on the basis of Departmental Enquiry Certificate in equal shares.

 GPF (K) Rules do not permit payment of interest beyond the date of authorization by the Accountant General.

 Interest is allowed upto  the end of the month previous to the month in which authorization for payment of PF balance is issued, if the closure application is received by the Department/Accountant General within a period of one year. If the application is not submitted within one year of quitting service/death, interest is admissible only upto a period of one year from the crucial date necessitating the closure of the account.

 As per Government of Kerala Circular No.29/87/Fin. dated 24-4-1987, arrears of dearness allowance shall not be deposited to the Fund of a subscriber who had opted not to subscribe to the Fund  Such deposits if any will be treated as unauthorized and no interest will be allowed.