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Payment of Interest on delayed payment of final settlement of GPF

Admin February 16, 2023

PCDA Circular on Interest Payment for Delayed Final Settlement of GPF

The Principal Controller of Defence Accounts in Chandigarh has issued a circular requesting information on delayed payment of final settlement of GPF accounts and subsequent claims for interest on delayed payments. The circular cites a letter from the DAD HQrs office and requests that all relevant offices report the number of cases where delays have occurred and the number of cases where beneficiaries have requested interest payments. Timely processing of GPF final settlement cases is advised, and the matter is deemed to be of top priority.

Principal Controller of Defence Accounts (Western Command),
Chandigarh-160009

No. FC/I/CHD/GPF/2001/Circular

Dated: 15/02/2023

To

Pay Section (Local)
Area Accounts Office (Pay) WC, Delhi Cantt
Area Accounts Office (Pay) WC, Jalandhar Cantt
Area Accounts Office (Pay) WC, Pathankot Cantt
All AOGE’s under PCDA (WC), Chandigarh

Sub: Payment of Interest on delayed payment of final settlement of GPF.
Ref: DAD HQrs letter No. ABFU-4052/4/2021-PAYC dated 13.02.2023

Please find enclosed DAD HQrs office letter cited under reference for immediate action please.

This is regarding delay in payment of final settlement of GPF account and subsequent claim of interest on delayed payment of GPF final settlement.

Recently HQrs office has been receiving cases pertaining to the years 2020-2022 where the officers/staff have been approaching for the non-payment of GPF final settlement within stipulated time and thereby claiming for interest on delayed payment of final settlement of GPF accounts.

Therefore, it is requested to intimate- (a) the number of cases where delay in payment of final settlement of GPF account beyond stipulated period has taken place and (b) the number of cases where the beneficiary has sought for payment of interest on account of delayed payment lying under your audit jurisdiction by 15.02.2023 through return email, so the same may be forwarded to HOrs office.

It is also advised to ensure timely processing of GPF final settlement cases.

Please accord Top Priority.

Group Officer (F/C)

Controller General of Defence Accounts
Ulan Batar Road, Palam Delhi Cantt:- 110010

No. ABFU-4052/4/2021-PAYC

Dated:- 13 .02.2023

To
All PCsDA/CsDA.

Sub:- Payment of Interest on delayed payment of final settlement of GPF.

This is regarding delay in payment of final settlement of GPF account and subsequent claim of interest on delayed payment of GPF final settlement.

2. Recently Hrs. office has been receiving cases pertaining to the years 2020-2022 where the officers/staff from both DAD and Non-DAD segment have approached for the non payment of GPF final settlement within stipulated time and thereby claiming for interest on delayed payment of final settlement of GPF accounts.
3. It is requested to intimate (a) the number of cases where delay in payment of final settlement of GPF account beyond stipulated period has. taken place and (b) the number of cases where the beneficiary has sought for payment of interest on account of delayed payment lying under your audit jurisdiction by 15/02/2023.
4. Please treat the matter as Most Urgent.

Sr. Dy. CGDA(AT)”.

Payment of Interest on delayed payment of final settlement of GPF – Download PDF

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Filed Under: Central Government Employees News, PCDA Circular

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