NOTIFICATION

Posted On   2019-07-25   |  announcement

Pursuant to the Pay Revision Act, 2019 and the Notification No. F/MoF/DNB-Rules/2019-20/04 Clause 29 b (i) and (ii), all the Ministries and Agencies covered under the National Pension and Provident Fund Plan are hereby requested to remit the contribution for Pension and Provident Fund based on the revised rate with effect from July 2019 as under:

1. Employer contribution of 15% of the revised basic pay.
2. Employee contribution shall be 11% of the revised basic pay;
3. All the ESP/GSP shall be covered as a member of the Provident Fund Scheme with employer contributions of 15% and employee contribution of 11% of the revised basic pay; and
4. All the GSP/ESP should complete “Enrolment Form” duly signed by the respective HR Officer (s).
5. The form can be downloaded from here.

NPPF has appointed focal persons to facilitate the enrolment process. For clarification, please contact Mr. Sonam, Operations Officer at 17346667, sonam@nppf.org.bt or call us at toll free no. 1039.