IREC Rule No.905(2): Voluntary Subscribers

905(2).Voluntary Subscribers:-

Unless specifically stated otherwise, all compulsory subscribers may subscribe voluntary to the State Railway Provident Fund at any time during the financial year at rates fixed in whole rupees subject to the condition that the rates so fixed shall not exceed the emoluments excluding dearness pay after making necessary deductions due to Government. The amount of such subscription will be in addition to the normal subscription payable under rule 909 in the case of compulsory subscriber and may be;

(a)      Reduced once at any time during the course of the year;

(b)      Enhanced twice during the course of the year; or

(c)      Reduced and enhanced as aforesaid.

[Authority: No.F(E)III/77-PF-1/19, 28.11.1977]

Forward reference ⇒ Sub-rule (3) inserted vide RBE No.14/2023 (ACS No.144)