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Balance of GP fund of J&K employees to be transferred by December 31

Balance of GP fund of J&K employees to be transferred by December 31

 

Jammu and Kashmir Finance Department has implemented e-transfer procedure of balances of subscribers of GP Fund w .e.f 01.04.2021 vide Government Order No. 118-F of 2021 dated 31-03-2021. All transferable balances w.e.f 01.04.2021 are being transferred electronically via-Gen profit application.

The cut-off date for settlement of pending transferable balances of subscribers through manual mode was 31.07.2021.

 

“It has been observed that all the pending transferable balances pertaining to the period prior to 01.04.2021 could not be transferred due to different reasons” an order by Finance Department stated.

 

“Now, in view of the above, it has been decided that all pending transferable balances pertaining to the period prior to 01- 04-2021 shall be transferred by 31.12.2021 and certificate to this effect shall be submitted by all Fund offices on 01.01.2022” the order stated.

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