Interest Rate for Tamilnadu State Govt Employees CPF

Tamilnadu State Govt Employees Contributory Fund (CPF) for 2014-15 and 2015-16

Govt of Tamilnadu has issued an Abstract regarding interest for Contributory Pension Scheme be fixed at 8.7% for the year 2014-2015 and 2015-2016.

GOVERNMENT OF TAMILNADU

Abstract

Pension-  Contributory  Pension  Scheme-  Employees  contribution  and

Government  contribution-  Rate  of  interest  for  the  year  2014-2015  and 2015-2016 – Orders – Issued.

FINANCE (PGC) DEPARTMENT

G.O.Ms.No.183                                                                                                       Dated: 26.06.2015

Read:

1.    G.O.Ms.No.222,    Finance    (Pension)    Department, dated.3.6.2008.

2.   G.O.Ms.No.38,  Finance  (PGC)  Department,  dated 11.2.2013.

3.   G.O.Ms.No.155,  Finance  (PGC)  Department,  dated 9.5.2013.

4.    G.O.Ms.No.106, Finance (Allowances) Department, dated 28.4.2014.

5.   G.O.Ms.No.129, Finance (Allowances) Department, dated 27.4.2015.

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ORDER:

In  the  Government  orders  first  to  third  read  above  orders  were issued fixing the rate of interest for accumulations at the credit of the subscribers   to   Contributory   Pension   Scheme   for   the   period   upto  31.03.2014.

2.  In the Government orders fourth and fifth read above, the rate of interest for General Provident Fund was fixed at the rate of 8.7% for the year 2014-2015 and 2015-2016.

3.   The Government now direct that the rate  of  interest on  the accumulations at the credit of the subscribers to the Contributory Pension Scheme be fixed at 8.7% for the year 2014-2015 and 2015-2016.

4.   The above rate of interest will remain until further orders are issued in this regard.

(BY ORDER OF THE GOVERNOR)

K. SHANMUGAM
PRINCIPAL SECRETARY TO GOVERNMENT

Download Govt of Tamilnadu G.O.Ms.No.183 dated 26.06.2015