Revision of Ceiling for payment of Bonus in the Bonus Act 1965

All India Railwaymen's Federation

(Estd. 1924)

 4. STATE ENTRY ROAD.

NEW DELHI-110055

INDIA

No.AIRF/387

 Dated: August 23, 2014

Shri Sadananda Gowda,

Honble Minister for Railways,

Rail Bhawan,

New Delhi

Respected Sir,

Sub: Revision of Ceiling for payment of Bonus in the Bonus Act 1965

The Payment of Bonus Act 1965 was amended in the year 2007. This Act was called as Payment of Bonus

(Amendment) Act, 2007.

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Productivity Linked Bonus admissible for the employees of ESI Corporation – 2012-13 - regarding

HEAD QUEARTERS OFFICE

EMPLOYEES STATE INSURANCE CORPORATION

PANCHDEEP BHAWAN, CIG MARG, NEW DELHI-2

No. G-31/11/1/2005-E-III  

Dated: 28/03/2014

Sub: Productivity Linked Bonus admissible for the employees of ESI Corporation – 2012-13 - regarding

Consequent upon approval of Ministry of Labour & Employment and in continuation of this Office Memorandum of even number dated 8.10.2003, the approval of the Competent Authority is hereby communicated for the payment of Productivity Linked Bonus (PLB) equal to 60 (Sixty) days wages subject of Maximum of Rs.7000 (Rupees Seven thousand only) to the employees of the Corporation for the year 2012-13 as worked out on the basis of the exiting scheme of Productivity Linked Bonus.

Accordingly the advance already paid to the employees may be adjusted and no recovery is to effected and the undertaking be treated as null and void.

However, in case if employees who have not been paid the advance, action may be initiated for all payment of Productivity Linked Bonus  (PLB) equal to 60 (Sixty) days wages subject to the maximum of Rs.7000/- (Rupees Seven Thousand Only) for the year 2012-13 as worked to the basis of the exiting scheme of Productivity Linked Bonus.

The other terms conditions governing the PLB shall remain the same.

Hindi version will follow.

Sd/-

(S.K.SINHA)

DIRECTOR

Source:http://www.esic.nic.in/CIRCULARS/cir_EIII_28.3.14j.pdf

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The Cabinet Approved 78 days Productivity Linked Bonus for 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 2012-13 for all eligible non-gazetted railway employees.

   PLB equivalent to 78 days wages will be paid as a special case considering the good financial performances which is expected to motivate employees. The Gross Traffic Receipt (GTR) during 2012-13 is Rs. 1.24 lakh crore showing an increase of 18.85 per cent against GTR of Rs. 1.04 crore during 2011-12. This increase of GTR was 10.13 per cent during 2011-12 as against 2010-11 and 8.71 per cent during 2010-11 as against 2009-10.

   The financial implication is estimated to be Rs. 1043.43 crore. The wage calculation ceiling prescribed for payment of PLB to eligible non-gazetted railway employees is Rs. 3500/- per month. The payment of PLB to eligible railway employees is made each year before the Dusshera / Puja holidays. About 12.37 lakh non-gazetted railway employees all over the country are likely to benefit.

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Payment of Productivity Linked Bonus to all eligible non-gazetted Railway employees for the financial year 2010-2011.

GOVERNMENT OF INDIA

MINISTRY OF RAILWAYS

(RAILWAY BOARD)

RBE No. 134 /2011.

No. E(P&A)II-2011/PLB-6

New Delhi, dated : 30.9.2011.

The General Managers/CAOs,
All Indian Railways & Production Units etc.
(As per mailing lists No.1 & 2).

Subject:- Payment of Productivity Linked Bonus to all eligible non-gazetted Railway employees for the financial year 2010-2011.

   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 2010-11 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 2010-11.

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