The transfer of the General Provident Fund (GPF) when a central government employee is transferred to another department involves a specific process. Here's a step-by-step guide:
1. When the employee is transferred, the current department prepares a transfer-out form detailing the GPF balance. This form is usually prepared by the Pay and Accounts Office (PAO).
2. The current department sends the transfer-out form to the new department.
3. The new department acknowledges receipt of the transfer form and prepares a transfer-in form.
4. The new department sends both the transfer-in form and the acknowledged transfer-out form back to the old department.
5. The old department finally sends the documents along with a cheque or Demand Draft (DD) for the GPF balance to the new department.
As for the request for an Excel sheet example, I'm sorry, but I can't provide that here. However, you can easily create one based on the steps above. The sheet should have fields like employee name, GPF account number, transfer-out date, transfer-in date, GPF balance, cheque/DD number, etc.
Remember, each department and PAO might have their own specific forms and procedures. It's always best to check with your HR department for the exact process. This guide is based on general practices and may vary.
Please note that the interest on the GPF will continue to accrue in the old account until the balance is transferred to the new department. The new department is responsible for calculating and crediting the interest from the date of transfer.
It's important to ensure all steps are followed promptly to ensure a smooth transfer and to avoid any loss of interest.
I hope this guide helps you understand the process better. If you have any more questions, feel free to ask.