Finance Officer

The functions of the Section are;

 

to maintain the accounts of the subscribers to the General Provident Fund(G.P.F), Contributory  Provident Fund  (C.P.F) and  New Pension Scheme (N.P.S);

 

to keep record of nominations filed by the subscribers of G.P.F and C.P.F;

 

to examine applications for loans/withdrawals from the General Provident Fund and Contributory  Provident Fund and to obtain orders of the competent authority thereon;

 

to maintain the proceedings of the meetings of the Provident Fund Committee;

 

to deal with cases of final payments of the G.P.F and C.P.F of a subscriber;

 

to prepare and render an annual account of each subscriber to the G.P.F and C.P.F;

 

 to put up proposal for the investment of available surplus balances in the provident Fund;

 

to submit proposal regarding determination of the rate of interest to be allowed to the subscribers to the Provident fund each year;

 to prepare annual balance Sheet of Provident Fund;

 to transfer N.P.S contribution of subscribers to the Central Record keeping Agency;

to deal with cases of final payments of the N.P.S of a subscriber and forward the application to Central   Record Keeping Agency for payment;