Reforms in Provident Fund (PF) maintenance in Institutions

Reforms in Provident Fund (PF) maintenance in Institutions

The Secretary, Finance Department, West Bengal

No 774-F(Y)  Date: 28.01.2019

MEMORANDUM

The management and maintenance of General Provident Fund of employees in Non-Government educational institutions, Panchayat Raj Institutions, Urban Local Bodies and other similar institutions is being done manually. The necessity of bringing reforms in the maintenance of General Provident Fund of employees in those institutions has been under active consideration of the State Government. The reforms will aim at undertaking extensive process re-engineering, development of an application software, standardization and uniformity of processes, forms, reports, system-based calculation of interest and accounting online service to such employees and other stakeholders and a better working environment to the officials and staff handling general provident funds in such offices.

The new system will provident benefits such as real-time online service to the subscribers for accessing their Provident Fund Statements, withdrawing fund from General Provident Fund Deposit Account and Final Settlement of General Provident Fund entitlement.

Now, the Governor is placed to constitute a Committee with following members to monitor and implement the objective-

(i) Shri Pijush Kumar Poddar, Special Director, Directorate of Pension, General Provident Fund and Group Insurance (DPPG), West Bengal-Chairman of the Committee.

(ii) Shri Chandan Kumar Rudra, Joint Director, DPPG, West Bengal

(iii) Shri Debashis Mitra, Deputy Director, DPPG, West Bengal - Convener of the Committee.

(iv) Shri Soumya Banerjee, Deputy Director, Directorate of Treasury and Accounts.

(v) Smt Nabonita Purkait, OSD & EO, Assistant Secretary, e-Governance Group, Finance Department.

(vi) Any other member as may be co-opted by the Committee. 

The brief description of the role and responsibilities of the Committee has been given in Annexure-A. The Committee shall start functioning with immediate effect.