Showing posts with label railway bonus. Show all posts
Showing posts with label railway bonus. Show all posts

Monday, August 25, 2014

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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Tuesday, September 17, 2013

Payment of Productivity Linked Bonus to Railway employees for the year 2012- 13—reg.

 

No.A1RF1387/13/ NFIR/1/l0/Pt.IV

Dated: 17/09/2013

The Chairman,
Railway Board,
Rail Bhavan,
New Delhi

Dear Sir,

Sub:- Payment of Productivity Linked Bonus to Railway employees for the year 2012- 13—reg.

   The Railway Board are aware that due to the continued initiatives of both the Federations involving all categories of employees, the efficiency of the Indian Railways has been improving from year to year. It is worth-mentioning that over three decades, not a single man day was lost and this has been possible due to the matured approach on the part of the two major railwaymen’s Federations.

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Friday, September 30, 2011

Production Linked Bonus for Railway Employees



   The Union Cabinet has accepted the proposal of the Ministry of Railways for payment of Productivity Linked Bonus (PLB) equivalent to 78 days` wages for the financial year 2010-2011 for all eligible non-gazetted Railway employees.

   The financial implication of payment of 78 days` PLB to railway employees has been estimated to be Rs.1098.58 crore. The wage calculation ceiling prescribed for payment of PLB to the eligible non-gazetted railway employees is Rs.3500/- p.m.
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Friday, October 08, 2010

Payment of Productivity Linked Bonus to all eligible non-gazetted Railway employees for the financial year 2009-2010.

                                                         GOVERNMENT OF INDIA
                                                         MINISTRY OF RAILWAYS
                                                             (RAILWAY BOARD)


                                                                                                                              RBE.No. 147/2010
                                                                                                               New Delhi, dated 07.10.2010.

 No.E(P&A)II-2010/PLB-4

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


Subject : Payment of Productivity Linked Bonus to all eligible non-gazetted Railway employees for the financial year 2009-2010.

The President is pleased to sanction Productivity Linked Bonus (PLB) equivalent to 77 (Seventy seven) days wages without any ceiling on wages for eligibility for the financial year 2009-10 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 2009-10. 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 2009-10 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.8860/- towards Productivity Linked Bonus for the financial year 2009-2010. 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-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. It is also advised that the admissible amount in respect of employees who receive their salary in bank accounts be credited to their accounts unless such employees give an option to receive the PLB in cash.

6. Payment of Productivity Linked Bonus for the financial year 2009-10 to all eligible non-gazetted Railway employees mentioned in Para 1 above should be made on priority before the commencement of the puja holidays.

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

                                                                                                                                                        s/d
                                                                                                                             ( Salim Md. Ahmed)
                                                                                                             Deputy Director/E(P&A)III,
                                                                                                                                 Railway Board.

No.E(P&A)1I-2010/PLB-4
New Delhi, dated: 07.10.2010.


Source: AIRF
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