Payment of P.L.Bonus to Railway employees at revised rate of Rs.7000/-p.m.for the year 2014-15-reg.

NFIR

National Federation of Indian Railwaymen

3, Chelmsford Road, New Delhi – 110 055

Affiliated to

Indian National Trade Union Congress (INTUC)

International Transport workers Federation (ITF)

No.I/10/Part IV

Dated: 02/02/2016

The Chairman

Railway Board

New Delhi

Dear Sir,

Sub: Amendment to the payment of Bonus Act – Revision of calculation of wages from Rs.3500/- p.m. to Rs.7000/- p.m. w.e.f. 01/04/2014 – Payment of P.L.Bonus to Railway employees at revised rate of Rs.7000/-p.m.for the year 2014-15-reg.

Ref:GS/NFIR’s letter no.I/10/pt. IV dated 24/12/2015 & 04/01/2016 addressed to Hon’ble MR, Copy endorsed to CRB and Board Members.

Pursuant to the passage of the amendment to Bonus Act bill by the Parliament and consequent issuance of the Gazette Notification on January 1,2016 by the Ministry of Law and Justice (begislative Department), NFIR vide its communications dated 24/12/2015 & 04/01/2016 (Cited under reference) requested the Hon’ble MR to kindly order for processing for payment of P.L. Bonus to the railway employees at the revised wages of Rs.7000/-p.m. for the year 2014-15.

In this connection, Federation again requests the Railway Ministry to take into consideration of Government’s decision in October,2008 and consequential instructions issued by the Railway Board vide letter No.E(P&A)II-2008/PLB-10 dated 03/10/2008 for payment of P.L.Bonus at the revised salary calculation of Rs.3500/-p.m. w.e.f 1st April 2006.

NFIR,therefore,requests to kindly arrange to take necessary action for arranging P.L.Bonus arrears to the employees on the basis of salary calculation at Rs.7000/- p.m., for the year 2014-15.

Yours faithfully,

Sd/-

(Dr.M.Raghavaiah)

General secretary

Source: NFIR

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Payment of Arrear of Productivity Linked Bonus to Railwaymen for the year 2014-15

AIRF has demanded Payment of Arrear of Productivity Linked Bonus paid to Railwaymen for the year 2014 -15

Payment of Arrear of Productivity Linked Bonus to Railwaymen for the year 2014-15

The Payment of Bonus (Amendment) Bill, 2015 was introduced in Lok Sabha by the Minister of State for Labour and Employment, Mr. Bandaru Dattatreya, on December 7, 2015. The Bill seeks to amend the Payment of Bonus Act, 1965. AIRF has demanded an Arrear on PLB for FY 2014-15.

Payment of Bonus

(Amendment) Bill 2015 has been passed by parliament

The Payment of Bonus (Amendment) Bill, 2015 was introduced in Lok Sabha by the Minister of State for Labour and Employment, Mr. Bandaru Dattatreya, on December 7, 2015. The Bill seeks to amend the Payment of Bonus Act, 1965.

The Act provides for the annual payment of bonus to employees of certain establishments (including factories and establishments employing 20 or more persons). Under the Act, bonus is calculated on the basis of the employee’s salary and the profits of the establishment.

Employees eligible for bonus: The Act mandates payment of bonus to employees’ whose salary or wage is up to Rs 10,000 per month. The Bill seeks to increase this eligibility limit to Rs 21,000 per month.

Calculation of bonus: The Act provides that the bonus payable to an employee will be in proportion to his or her salary or wage. However, if an employee’s salary is more than Rs 3,500 per month, for the purposes of calculation of bonus, the salary will be assumed to be Rs 3,500 per month. The Bill seeks to raise this calculation ceiling to Rs 7,000 per month or the minimum wage notified for the employment under the Minimum Wages Act, 1948 (whichever is higher).

Source: AIRF

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