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Showing posts with label Bonus. Show all posts
Showing posts with label Bonus. Show all posts

Thursday, September 29, 2016

Payment of Productivity Linked Bonus to all eligible non-gazetted Railway employees for the financial year (2015 to 2016)

Payment of Productivity Linked Bonus (2015 to 2016) : Railway Board Order
 
GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD )
RBE No. 114 /2016.
No. E(P&A)II-2016/PLB-9
New Delhi, dated : 28.09.2016.
The General Managers/CAOs,
All Indian Railways & Production Units etc.

Subject : Payment of Productivity Linked Bonus to all eligible non-gazetted Railway employees for the financial year (2015 to 2016).

The President is pleased to sanction Productivity Linked Bonus (PLB) equivalent to 78 (Seventy Eight) days wages without any ceiling on wages for eligibility for the financial year 2015 to 16 to all eligible non-gazetted Railway employees (excluding all RPF/RPSF personnel). Where wages exceed 7000/- per month, Productivity Linked Bonus will be calculated as if  wages are 7000/- p.m.

2. Wages for the purpose of calculating Productivity Linked Bonus shall include Basic pay as defined in the Railway Services (Revised Pay) Rules, 2008 and dearness allowance drawn during the period from 01.04.2015 to 31.12.2015. Wages during the period from 01.01.2016 to 31.03.2016 shall include Basic pay as defined in the Railway Services (Revised Pay) Rules, 2016. Other conditions of eligibility, method of calculation of wages, etc., as prescribed in this Ministry's instructions and clarifications issued from time to time, shall remain unchanged.

3. It has also been decided that in the case of eligible employees mentioned in Para 1 above who were not placed under suspension, or had not quit service/retired/expired during the financial year 2015-16 or were on leave where leave salary admissible is not less than that admissible on leave on average pay, may be paid an amount of 17,951/- towards Productivity Linked Bonus for the financial year 2015 to 16. In the case of employees other than those mentioned above, the amount of Productivity Linked Bonus may he calculated in accordance with the extant instructions on the subject.

4. Further, in relaxation to the provisions in Rules 905(2), 908 and 909 of State Railway Provident Fund Rules, as contained in Chapter 9 of R-1/1985 edition (2003 Reprint edition), such of the subscribers to the SRPF as are entitled to Productivity Linked Bonus may, if they so desire, deposit the whole or part of the amount admissible under the Scheme in their respective State Railway Provident Fund Accounts.

5. Disbursement of Productivity Linked Bonus for the financial year 2015 to 16 to all eligible non gazetted Railway employees mentioned in Para 1 above should be made on priority in the same mode as payment of salary before the ensuing Puja/Dussehra holidays.

6. This issues with the concurrence of Finance Directorate of the Ministry of Railways.

(Salim Md. Ahmed)
Dy. Director / Estt. (P&A)II
Railway Board.
Click here to download Railway Bonus 2016 Order

Railway News: Cabinet approves Productivity Linked Bonus to railway employees

Railway News: Cabinet approves Productivity Linked Bonus to railway employees

railway-employees-bonus


The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has given its approval to pay Productivity Linked Bonus (PLB) equivalent to 78 days wages to eligible non-gazetted railway employees (excluding RPF/RPSF personnel) for the financial year 2015 to 16. The approval entails a financial implication of approximately Rs.2090.96 crore.

Payment of PLB would result in motivating a large number of railway employees to improve the performance of the Railways and enhance the productivity levels further besides maintaining industrial peace.

The payment of this Bonus to eligible Railway Employees will be made before Dussehra/Puja holidays.

PIB

Thursday, November 5, 2015

Railway Bonus orders: Grant of ad-hoc bonus for 30 days to the Group ‘C’ & `D’ RPF/RPSF personnel for the financial year 2014-2015

Railway Bonus Orders: Grant of ad-hoc bonus for 30 days to the Group ‘C’ & `D’ RPF/RPSF personnel for the financial year 2014-2015

Railway_Bonus_Orders_RPF_RPSF

GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD)
RBE No.140/2015
No.E(P&A)II-2015/Bonus-1
New Delhi, Dated 02/11/2015
The General Managers/CAOs (R),
All Indian Railways & Production Units,
(As per mailing list)

Subject: Grant of ad-hoc bonus for 30 days to the Group ‘C’ & `D’ RPF/RPSF personnel for the financial year 2014-2015

The President is pleased to decide that all Group ‘C’ & ‘D’ RPF/RPSF personnel, may be granted ad-hoc bonus equivalent to 30 (thirty) days emoluments for the financial year 2014-2015, without any eligibility wage ceiling. The calculation ceiling of Rs.3500/- will remain unchanged.

2. The benefit will be admissible subject to the following terms and conditions:-
a) Only those Group ‘C’ & ‘D’ RPF/RPSF personnel who were in service on 31.3.2015 and have rendered at least six months of continuous service during the year 2014-2015 will be eligible for payment under these orders. Pro-rata payment will be admissible to the eligible personnel for period of continuous service during the year ranging from six months to a full year, the eligibility period being taken in terms of number of months of service (rounded to the nearest number of months).

b) The quantum of ad-hoc bonus will be worked out on the basis of average emoluments/calculation ceiling whichever is lower. To calculate ad-hoc bonus for one day, the average emoluments in a year will be divided by 30.4 (average number of days in a month). This will thereafter be multiplied by the number of days of bonus granted. To illustrate, taking the calculation ceiling of Rs.3500/-(where actual average emoluments exceed Rs.3500), ad-hoc bonus for thirty days would work out to Rs.3500×30/30.4 = Rs.3453.95 (rounded off to Rs.3454/).

c) All payments under these orders will be rounded off to the nearest rupee.

d) In the matter where the aforesaid provisions are silent, clarificatory orders issued vide this Ministry’s letter No.E(P&A)II-88/Bonus-3 dated 29.12.1988, as amended from time to time, would hold good.

e) All the Group ‘C’ & ‘D’ RPF/RPSF personnel, regardless of whether they are in uniform or out of uniform and regardless of place of their posting, shall be eligible only for ad-hoc bonus in terms of these orders.
3. This issues with the concurrence of the Finance Directorate of the Ministry of Railways.
Sd/-
(Salim. Md. Ahmed)
Deputy Director/E(P&A)-II
Railway Board.
Authority: http://www.indianrailways.gov.in/

Thursday, October 29, 2015

Railway News: Bonus 2015 : Cabinet approved 78 Days for Railway Employees

Railway News: Bonus 2015 : Cabinet approved 78 Days for Railway Employees
CENTRAL GOVERNMENT TODAY HAS ANNOUNCED 78 DAYS BONUS TO RAILWAY EMPLOYEES.
DECISION HAS BEEN TAKEN IN A CABINET MEETING HELD TODAY AT NEW DELHI.

CEILING REMAINS SAME i.e. Rs. 3500/-.
78 days wages approved as Productivity Linked Bonus for the year 2014-15 to Railway Employees
The Union Cabinet today approved the proposal of the Ministry of Railways for payment of Productivity Linked Bonus (PLB) equivalent to 78 days wages for the financial year 2014-15 for all eligible non-gazetted railway employees. The wage ceiling for payment of PLB fixed at Rs. 3500/- per month.

Productivity Linked Bonus (PLB) equivalent to 78 days’ wages for the financial year 2014-2015 for all eligible non-gazetted Railway employees (excluding RPF/RPSF personnel).

No Change in Calculation Ceiling and Eligibility Ceiling…

The formal orders for the payment of Bonus are expected soon.