Every subscriber has to nominate, on one
of the applicable forms prescribed in the
First schedule to the rules. A subscriber
can nominate one or more members of the
family and specify the share payable to
each nominee, if he/she nominates more than
one person in the prescribed form.
- Definition of family - For the
purpose of GPF nomination, the family
constitutes "spouse, parents, children,
minor brothers, unmarried sisters,
deceased son's widow and children and if
no parent of the subscriber is alive, a
paternal grand parent. A female
subscriber can exclude her husband from
the list of family members.
- When a nomination becomes invalid the
nomination shall become invalid in the event
of the happening of a contingency specified
in the nomination. If at the time of making
the nomination the subscriber has no family,
he shall provide in the nomination that it
shall become invalid in the event of his
subsequently acquiring a family.
- Cancellation of nomination - Every
nomination made and every notice of
cancellation given by a subscriber shall
to the extent that is valid, take effect
from the date on which it is received by
the Accounts officer or the Head office,
as the case may be.
- Review of nominations - If there is
no nominee/ deemed nominee, the payment
of the GP Fund balances of a deceased
subscriber may be allowed in favour of
claimant(S) on the basis of the
succession certificate, granted by the
competent civil court.