None
Skip to mainRBE No. 29/2023
GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRAL AYA)
(RAILWAY BOARD)
No.D-43/25/2021-F(E)III
New Delhi, dated: 09.02.2023.
The General Managers/Principal Financial Advisors,
All Zonal Railways/Production Units etc,
DGs of RDSO and NAIR.
References have been received from Zonal Railways/PUs regarding the application of provision of Rule 920 of the Indian Railway Establishment Code (IREC)- Vol I, 1985 Edition in case of removed/dismissed employees, for payment of interest beyond the period when its payment was due and up to the date of tender of payment was made.
2. As per the provisions of Rule 920 of the IREC Vol I, when the amount at the credit of the subscriber has become due, the interest should be paid up to the date of tender of payment or up to six months after the month in which amount became payable, whichever is earlier SPRF Rules do not differentiate as far as payment of interest on SRPF balance is concerned on the manner of quitting/cessation of service, that is, be it on superannuation, voluntary retirement otherwise.
In view of the above, the interest on the SRPF balance at the credit of a subscriber has been removed or dismissed may be calculated and paid in the same manner.
(G. Priya Sudarsani),
Director, Finance (Estt.),
Railway Board.
🕑 03 May, 2024 12:32 PM
Finance Ministry notifies LIC’s 17% wage revision
🕑 03 May, 2024 10:04 AM
Validity of CGHS empanelled Health Care Organizations (HCO’s) extended
🕑 29 Apr, 2024 09:55 PM
DoPT Clarification on increase in allowances by 25%
🕑 24 Apr, 2024 09:17 AM
DoPT forwards 8th Pay Commission demand by IRTSA forwarded to Fin Min
🕑 23 Apr, 2024 10:01 AM
CGDA: Revision of rates of Allowances with DA rates increased to 50%
🕑 22 Apr, 2024 12:59 PM
CBDT: on DoPT order on regularization of Casual Workers
🕑 21 Apr, 2024 09:54 PM
DoPT Consolidated Instructions on SC, ST, OBC, PwD & EWS reservation
🕑 18 Apr, 2024 11:51 AM
Timeline extended for CGHS Beneficiary ID - ABHA ID linking
🕑 10 Apr, 2024 08:35 AM
Kendriya Vidyalaya Sangathan Admission Guidelines 2024-2025
🕑 05 Apr, 2024 01:23 PM
Kendriya Vidyalaya Balvatika Admission Schedule - 2024-25
🕑 02 Apr, 2024 09:25 AM
Kendriya Vidyalaya Admissions Open for 2024-25: Key Dates & Appln Process
🕑 01 Apr, 2024 09:23 AM
Kendriya Vidyalaya (KV) schools where Balvatika is functioning
🕑 14 Mar, 2024 02:07 PM
Govt bans 18 vulgar 18 OTT. See the list here
🕑 08 Mar, 2024 01:49 PM
Pension Scheme Gains Traction Across States, Despite Central Hurdles
🕑 20 Feb, 2024 11:17 PM
CGHS rate for general surgery applicable from February 1, 2024
🕑 08 Feb, 2024 10:19 AM
No loan interst change as RBI maintains repo rate at 6.50% for the 6th time