EPFO Orders - Declaration of Productivity Linked Bonus (P.L. B.) for the year 2012-2013

Employees' Provident Fund Organisation

(Ministry of Labour & Employment, Govt. Of India)

No. WSU/12(1)12012-13/PLB/13048

Date: 09 Oct 2013

All Regional P.F. Commissioners
In-charge of the ROs/SROs
Regional P.F. Commissioner-I(ASD), Head Office

Sub: Declaration of Productivity Linked Bonus (P.L. B.) for the year 2012-2013.

Sir,
The Central Government, under Section 5D(7) of the Employees' Provident Funds & Miscellaneous Provisions Act, 1952 has conveyed its approval to the extension of the existing Productivity Linked Bonus Scheme 1998-2004 (Revised) for the year 2012-2013 vide their letter No A-26022/1/1994-SS.1 dated 07th October 2013.

2. Accordingly, the Central Provident Fund Commissioner is pleased to approve the payment of the Productivity Linked Bonus for the year 2012-2013 for 60(Sixty) days in  all the offices of EPFO. The bonus of 60 days has been assessed on the basis of Performance Report forwarded by the field offices in compliance to Head Office letter dated 09.09.2013. The payment of bonus is to be released before Puja Festival, to all Group 'C', 'D' and Group 'B' (Non-Gazetted) employees.

3. The terms and conditions governing payment of P.L.B. will be as per the instructions issued by the Government of India for payment of the bonus to the employees in Central Government departments from time to time. However, the quantum of bonus may be assessed as per the following formula circulated vide Govt. of India, Ministry of Finance O.M. No. 14(1) E.Co-ord.I/2004 dated 30.9.2004.

= (AVERAGE EMOLUMENTS) x (NUMBER OF DAYS OF BONUS) / 30.4 x (Average Number of days in a month)

4. The maximum amount of bonus will be restricted to the amount admissible to those drawing emoluments of Rs.3500/- per month. The bonus in respect of the employees drawing emoluments of more than Rs.3500/- per month will be calculated as if the emoluments were Rs.3,500/- per month.

5. The term ‘emoluments’ occurring in these orders will include Basic Pay, Personal Pay, Special Pay, Deputation (Duty) Allowance and Dearness Allowance, but will not include other Allowances, such as HRA, CCA Special Compensatory (Remote locality) Allowance, Bad Climate Allowance, Children Education Allowance and Interim Relief etc.

6. The expenditure incurred for payment of bonus may please be debited from the budget head ‘Productivity Linked Bonus.

Yours faithfully,

sd/-

(Sanjay Kumar)

Financial Advisor & Chief Accounts Officer

Source : www.epfindia.com
http://www.epfindia.com/Circulars/Y2013-14/WSU_PLB_13048.pdf

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Payment of Productivity Linked Bonus to all eligible non-gazetted Railway employees for the financial year 2012-2013.

GOVERNMENT OF INDIA 

MINISTRY OF RAILWAYS

RAILWAY BOARD

RBE No. 101 / 2013,

No. E(P&A)II-2013/PLB-5

New Delhi, dated : 04.10.2013.

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 2012-2013.

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 2012-13 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 2012-13. 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 2012-13 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 2012-13. 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.

S. Disbursement of Productivity Linked Bonus for the financial year 2012-13 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/-

( K. Shankar) 

Director/E(P&A), 

Railway Board. 

Source:www.indianrailways.gov.in

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