• Breaking News

    Thursday, 8 October 2015

    PAYMENT OF PRODUCTIVITY LINKED BONUS TO ALL ELIGIBLE NON-GAZETTED RAILWAY EMPLOYEES FOR THE FINANCIAL YEAR 2014-2015: RAILWAY BOARD ORDER

    GOVERNMENT OF INDIA
    MINISTRY OF RAILWAYS
    (RAILWAY BOARD)

    RBE No.121/2015
    No.E(P&A)II-2014/PLB-4
    New Delhi, dated: 07.10.2015

    The General Managers/CAOs,
    All India Railways & Production Units etc.
    Subject: Payment of productivity Linked Bonus to all eligible non-gazetted Railway employees for the financial year 2014-2015
    Read more on: The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has approved the Production Linked Bonus for Railway Employees. 

    The president is pleased to sanction provisionally, subject to the approval of competent authority, 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 ₹ 3500/- per month, productivity Linked Bonus will be calculated as if wages are ₹ 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 I above who were not placed under suspension, or had not quit service/retired/expired during the financial year 2013-2014 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 ₹8975/- towards productivity Linked Bonus for the financial year 2014-2015 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 provision 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 editon), 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 2014-2015 to all eligible non-gazetted Railway employees mentioned in para 1 above should be made on priority 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),
    Railway Board

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