Deferred Salary would be merged in Provident Fund on 01/04/2021

The deferred salary as per notification issued under G.O.(P) No.53/2020/Fin. dated 30th April, 2020, from April 2020 to August 2020 would be merged in Provident Fund on 01/04/2021. Order has been issued vide GO(P) No.140/2020/Fin Dated 25/10/2020. Amount thus merged will only be permitted to withdraw after 1st June, 2021. Interest applicable to Provident Fund would also be applicable to such amount so remitted from the date of remittance. In the case of employees and teachers who do not have Provident Fund (including pensioners), deferred portion of pay and allowances would be repaid in monthly installments in cash from 1st June, 2021. Each monthly installment would be equivalent to the pay and allowances deferred during each month from April 2020 to August 2020.

Download : Deferred Salary merged in PF – Orders issued dated 25-10-2020

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