Administration Manual - B.E.S.T. Undertaking.

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Rule No. 22(h) states that the Commissioner or whoever so authorized
by the Commissioner any offices subordinate to him, may on
application from members in such form, as may be prescribed, permit
withdrawal upto 90% of the amount standing to his credit at any time
after attainment of 54 years by the member or within one year before
his actual retirement on Superannuation whichever is later.
As a rule this withdrawal is permitted by the Trustees to employees
who proceed on leave preparatory to superannuation and not, though
permissible at the discretion of Trustees, in other circumstances of
termination of service.
5.4.1.1 PROCEDURE IN THE UNDERTAKING
The P.F. refund bills to separated employees are initiated by the Time
Keeping Department in respect of all staff except Traffic Outdoor Staff
in which cases the Traffic Department initiates the bills.
After the bill form has been duly filled in and certified by the various
heads of departments they are received in the Audit Department.
Immediately on receipt it is sent to the Establishment Section to check
the accretions to the account upto the date of separation of the
employee and that the same has been done is indicated by
authentication on the ledger form. The refund bill with the
authenticated ledger form is then forwarded to the Payment Section.
The arithmetical accuracy of the amount payable is then certified by
the Comptist of the Audit Department after a check being carried out
by him. Thereafter the usual procedure of checking is carried out in
the Payment Section as shown in, hereunder.
5.4.1.2. PROCEDURE FOR CHECKING
The following exercises of checking is carried out :