Handbook Volume I - VMOU, Kota
Handbook Volume I - VMOU, Kota
Handbook Volume I - VMOU, Kota
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Conditions of service of teachers and other employees<br />
(v)<br />
(vi)<br />
93<br />
A statement of the total amount at the credit of each subscriber shall be<br />
furnished to him/her once at the beginning of each year.<br />
The Board of Management may, under such conditions as may be laid<br />
down in rules, permit the payment of premium of life insurance polity or<br />
policies on the life of a subscriber out of the Provident Fund Account.<br />
8. A subscriber at the termination of his/her service shall be entitled to receive<br />
the amount which accumulates to his/her credit: -<br />
Provided that the University shall be entitled to receive as the first charge<br />
from the amount for the time being to the credit of any loss damage at any<br />
time sustained by the University by reason of his/her dishonesty of<br />
negligence, but not exceeding in any case the total amount of contribution<br />
credited to his/her account by the University and of any interest which has<br />
accrued to such contribution.<br />
9. On a subscriber’s death, the amount to his/her credit shall be paid to the<br />
persons duly nominated by him/her or when no such nomination is made<br />
his/her legal heir or heirs.<br />
10(i)<br />
(ii)<br />
(iii)<br />
(iv)<br />
(v)<br />
No final withdrawal shall be allowed until the termination of the subscriber’s<br />
service of his/her death, but in case of necessity of which the Board of<br />
Management shall be sole judge, the Vice/Chancellor may allow a subscriber<br />
to make temporary withdrawal of a sum not exceeding the total amount<br />
subscribed by him/her.<br />
Recoveries towards the amount advanced shall be made in monthly<br />
installments not exceeding thirty, as may be decided by the Board of<br />
Management at the second payment of a full month’s salary after the advance<br />
is granted but no recovery shall be made from the subscriber when he/she<br />
is on leave otherwise than on full pay.<br />
When a subscriber has already taken an advance he/she shall be eligible<br />
for a fresh advance only twice in a year and the balance if any, be adjusted<br />
in the new advance.<br />
Necessary no dues certificate shall be obtained of the final payment of P.F.<br />
money to an ex-employee or his/her nominee or heir/heirs as the case may<br />
be.<br />
The Vice-Chancellor may allow a subscriber to make temporary withdrawal<br />
of a sum not exceeding 75% of the total amount in his/her P.F. Account for<br />
registration in Rajasthan Housing Board/U.I.T./Co-operative Housing
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