Showing posts with label Adhoc Bonus 2015 for Railway Employees. Show all posts
Showing posts with label Adhoc Bonus 2015 for Railway Employees. Show all posts

Thursday, October 08, 2015

Railway Employees Bonus Order 2015 - Payment of Productivity Linked Bonus to all eligible non-gazetted Railway Employees.

GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
RAILWAY BOARD

RBE No.121/2015

No. E(P&A)II-2015/PLB-4

New Delhi, dated: 07.10.2015

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 2014-2015

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 2014-15 to all eligible non-gazetted Railway employees (excluding all RPF/RPSF personnel). Where wages exceed Rs. 3500/- per month, Productivity Linked Bonus will be calculated as if ‘wages’ are Rs. 3500/- 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 financial year 2014-15. 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 2014-15 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 Rs. 8975/- towards Productivity Linked Bonus for the financial year 2014-15. In the case of employees other than those mentioned above, the amount of Productivity Linked Bonus may be 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-I/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 2014-15 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.

Sd/-
( Salim Md. Ahmed)
Deputy Director/E(P&A)II
Railway Board.

Source:http://www.indianrailways.gov.in/railwayboard/uploads/directorate/establishment/E(P%26A)/2015/PLB_2015.PDF
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Wednesday, October 07, 2015

Railway Employees Bonus 2015 - Cabinet approved 78 Days for Railway Employees

Press Information Bureau 
Government of India
Cabinet

Productivity Linked Bonus for Railway Employee 

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has approved the Production Linked Bonus for Railway Employees. 

As a result of the review of the scheme and approval of the Cabinet the salient features of the PLB scheme are as under: - 

a) The output for a year is reckoned by the equated net tonne kilometres by adding together:- 

i) total goods revenue net tonne kilometres. 

ii) non-suburban passenger kilometres converted by a factor of 0.076. 

iii) suburban passenger kilometres converted by a factor of 0.053. 

b) The input is taken as the non-gazetted staff strength (excluding RPF/RPSF personnel), increased by the incremental increase/decrease in capital (over average of last three years) during the year. Incremental capital is confined to Rolling Stock utilised for movement of trains. The relative weights given are 0.50 for Tractive Effort, 0.20 for Wagon Capacity and 0.30 for Seating Capacity. The labour input i.e. non-gazetted staff strength is then increased to the extent of the percentage increase in the incremental capital. 

Highest PLB amount of 78 days' wages was paid for the financial years 2010-11, 2011-12, 2012-13 and 2013-14. This year also PLB equivalent to 78 days' wages will be paid considering the good financial performance which is expected to motivate employees for working towards improving the same in future. 

The financial implication of payment of 78 days' PLB to railway employees has been estimated to be Rs. 1030.02 crore. The wage calculation ceiling prescribed for payment of PLB to the eligible non-gazetted railway employees is 3500/- p.m. The maximum amount payable per eligible railway employee is Rs. 8975 for 78 days. 

About 12.58 lakh non-gazetted Railway employees are likely to benefit from the decision. 

The Productivity Linked Bonus on Railway covers all non-gazetted railway employees (excluding RPF/RPSF personnel) who are spread over the entire country. 

Background: 

The Union Cabinet in its meeting held on October 2015 accepted the proposal of the Ministry of Railways for payment of 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). 
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