Government of Pakistan Finance Division issued a Notification on 31-08-2022 in connection with Revised GP Fund Subscription Rates 2022. The new monthly GP Fund deduction rates are effect from 1st September 2022. The employees will have these new rates in the salary of September 2022 that thwy will receive on 1st October 2022.
Finance Division issued these new rates of GP Fund Deduction through monthly pay bills due to the Revised Pay Scales 2022 for Federal Government employees.
Table Chart of Revised GP Fund Subscription Rates 2022
Sr. No | Minimum Basic Pay | Maximum Basic Pay | Average Basic Pay | Monthly Subscription of General Provident Fund (GP Fund) |
1 | BPS-01 | 13550 | 26450 | Rs. 600/- |
2 | BPS-02 | 13820 | 28520 | Rs.1060/- |
3 | BPS-03 | 14260 | 31660 | Rs.1150/- |
4 | BPS-04 | 14690 | 34490 | Rs.1230/- |
5 | BPS-05 | 15230 | 37730 | Rs.1330/- |
6 | BPS-06 | 15760 | 40960 | Rs.1420/- |
7 | BPS-07 | 16310 | 43610 | Rs.1500/- |
8 | BPS-08 | 16890 | 46890 | Rs.1600/- |
9 | BPS-09 | 17470 | 50170 | Rs.1700/- |
10 | BPS-10 | 18050 | 53750 | Rs.1800/- |
11 | BPS-11 | 18650 | 57950 | Rs.1920/- |
12 | BPS-12 | 19770 | 62670 | Rs.3300/- |
13 | BPS-13 | 21160 | 67960 | Rs.3570/- |
14 | BPS-14 | 22530 | 74730 | Rs.3900/- |
15 | BPS-15 | 23920 | 83320 | Rs.4290/- |
16 | BPS-16 | 28070 | 95870 | Rs.4960/- |
17 | BPS-17 | 45070 | 113470 | Rs.6350/- |
18 | BPS-18 | 56880 | 142080 | Rs.7960/- |
19 | BPS-19 | 87840 | 178440 | Rs.10660/- |
20 | BPS-20 | 102470 | 196130 | Rs.11950/- |
21 | BPS-21 | 113790 | 217670 | Rs.13260/- |
22 | BPS-22 | 122190 | 244130 | Rs.14660/- |
Minimum Rates of Subscription
The Minimum rates of subscription (on mean) will be as under:
Sr. No | Basic Pay Scale No | Subscription rates |
1 | BPS-01 | 3% |
2 | BPS-02 to BPS-11 | 5% |
3 | BPS-12 to BPS-22 | 8% |
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Whenever the pay scales revise, Government issues new rates of GP Fund deduction from the monthly bills of the employees. As this amount belong to the employees themselves, therefore they no need to worry about this deduction as this deduction is shifted to their GP Fund Accounts.
Ifrar Hussain PO Med
2012 2013