New Official Revised GP Fund Schedule Rates 2017 Notification by Finance Division Regulations Wing Islamabad Letter Dated 24-07-2017 Government of Pakistan
No. F.1(5)-Reg.7/87-365
Government of Pakistan
Finance Division
(Regulations Wing) Islamabad, the 24th July, 2017
OFFICE MEMORANDUM
UNIFORM RATES OF SUBSCRIPTION TOWARDS GENERAL PROVIDENT FUND GPF Schedule Rates 2017
The undersigned is directed to refer to Finance Division’s O.M. N. F.1(5)-Reg.7/87-357 dated 10th August, 2016 on the above subject and state that consequent upon the revision of basic pay scales for the civil employees of the Federal Government circulated vide Finance Division’s O.M. No. F.1 (3)/lmp/2017-500 dated 3rd July, 2017, it has been decided to revised the rates of subscription towards General Provident Fund as shown in column 5 of the following table:-
Scale | Minimum | Maximum | Mean | Rate of monthly subscription | Remarks | |
1 | 2 | 3 | 4 | 5 | 6 | |
BPS-1 | 9130 | 17830 | 13480 | 400 | Minimum rates of subscription (on mean) will be as under:- | |
BPS-2 | 9130 | 19210 | 14240 | 710 | BPS | Subscription |
BPS-3 | 9610 | 21310 | 15460 | 770 | BPS-1 |
3% |
BPS-4 | 9900 | 23100 | 16500 | 830 | BPS-02-11 |
5% |
BPS-5 | 10260 | 25260 | 17760 | 890 | BPS-12-22 |
8% |
BPS-6 | 10260 | 27420 | 19020 | 950 | ||
BPS-7 | 10260 | 29290 | 20140 | 1010 | ||
BPS-8 | 11380 | 31480 | 21430 | 1070 | ||
BPS-9 | 11770 | 33670 | 22720 | 1140 | ||
BPS-10 | 12160 | 36160 | 24160 | 1210 | ||
BPS-11 | 12570 | 38970 | 25770 | 1290 | ||
BPS-12 | 13320 | 42120 | 27720 | 2220 | ||
BPS-13 | 14260 | 45760 | 30010 | 2400 | ||
BPS-14 | 15180 | 50280 | 32730 | 2620 | ||
BPS-15 | 16120 | 56020 | 36070 | 2890 | ||
BPS-16 | 18910 | 64510 | 41710 | 3340 | ||
BPS-17 | 30370 | 76370 | 53370 | 4270 | ||
BPS-18 | 38350 | 95750 | 67050 | 5360 | ||
BPS-19 | 59210 | 120210 | 89710 | 7180 | ||
BPS-20 | 69090 | 132230 | 100660 | 8050 | ||
BPS-21 | 76720 | 146720 | 111720 | 8940 | ||
BPS-22 | 82380 | 164560 | 123470 | 9880 |
The deductions from the pay of employees on the basis of new rates shall be made in August to be paid on 1st September, 2017, until further orders. There shall be no option to postpone subscription to the above fund either during leave (expect extraordinary leave without pay) or during the training period.
(Muhammad Shahid Ahmed Ch.)
Deputy Secretary (R-III)
Phone: 9245839
New Official Revised GP Fund Schedule Rates 2017 Notification by Finance Division Regulations Wing Islamabad Letter Dated 24-07-2017 Government of Pakistan