60 Days Productivity Linked Bonus (P.L.B.) for the employees of the EPFO for the year 2019-2020

60 Days Productivity Linked Bonus (P.L.B.) for the employees of the EPFO for the year 2019-2020

Bonus for EPFO Employees 2020

Employees’ Provident Fund Organisation
(Ministry of Labour & Employment, Govt. Of India)
Head Office
Bhavishya Nidhi Bhawan, 14-Bhikaiji Cama Place, New Delhi-1 10066

No. WSU/25(1)/2018-19/ PLB

Date: 22.10.2020

All Addl. CPFC (Zones),
RPFC-I (ASD), Head Office &
Director (PDNASS) and
All Regional P.F. Commissioners-Incharge of
Regional Offices.

Sub: Declaration of Productivity Linked Bonus (P.L.B.) for the employees of the EPFO for the year 2019-2020.

Bonus for Central Government Employees -Non-Productivity Linked Bonus (ad-hoc bonus) for the year 2019-2020 – FinMin Order

Sir/ Madam,

The Central Government has conveyed its approval to the existing Productivity Linked Bonus Scheme for the year 2019-2020 for the employees of EPFO vide letter No A- 26022/1/94 -SS-1 (Pt) dated 22nd October, 2020.

2. Accordingly, the competent authority is pleased to convey the approval for payment of the Productivity Linked Bonus for the year 2019-2020 for 60 (Sixty) days in all the offices of EPFO. The bonus of 60 days has been assessed on the basis of data/ information submitted by the Zonal Offices in compliance to Head Office letter dated 07.10.2020. The payment of bonus is to be released to all Group ‘C’ and Group ‘B’ (Non-Gazetted) employees of EPFO.

Postal Employees Bonus 2020

3. The quantum of bonus may be assessed as per the following formula:-

(AVERAGE EMOLUMENTS) X (NUMBER OF DAYS OF BONUS)
30.4*

(* Average number of days in a month)

4. The expenditure incurred for payment of bonus may be debited from the budget head “Productivity Linked Bonus.” It may be ensured that Bonus is disbursed as per eligibility.

5. This has approval of Central P.F. Commissioner.

Railway Employees Bonus 2020

Yours faithfully,

(Rajiv Bisht)
ACC (WSU) /Link

 

Railway Bonus 2020 - 78 days Bonus for non-gazetted Railway employees - Payment of Productivity Linked Bonus 2019-2020

Railway Bonus 2020 - 78 days Bonus for non-gazetted Railway employees - Payment of Productivity Linked Bonus 2019-2020

Railway Bonus 2020

Productivity Linked Bonus to all eligible non-gazetted Railway employees for the financial year 2019-2020

GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(Railway Board)

RBE No.91/2020
New Delhi, dt.21.10.2020

No.E(P&A)II/2020/PLB-1

The General Managers/ CAOs,
All Indian Railways & Production Units etc.

Subject : Payment of Productivity Linked Bonus to all eligible non-gazetted Railway employees for the financial year 2019-2020

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 2019-20 to all eligible non-gazetted Railway employees (excluding all RPF/RPSF personnel). Where, wages exceed Rs.7000/- per month, Productivity Linked Bonus will be calculated as if the ‘wages’ are Rs.7000/- 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, 2016 and dearness allowance drawn during the financial year 2019-20. 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 2019-20 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.17,951/- towards Productivity Linked Bonus for the financial year 2019-20. 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. Disbursement of Productivity Linked Bonus for the financial year 2019-20 to all eligible non-gazetted Railway employees mentioned in Para 1 above should be made on priority in the same mode as payment of salary before the ensuing Puja/Dussehra holidays.

30 days bonus for Central Government Employees -Non-Productivity Linked Bonus (ad-hoc bonus) for the year 2019-2020 – FinMin Order

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

(N.P.Singh)

Joint Director/ Estt.(P&A)

Railway-Bonus-PLB_order_2019-2020Download Order

Cabinet approves Productivity Linked Bonus and non-Productivity Linked Bonus for Central Government employees 2019-2020 - PIB News

 

PLB 2020

Productivity Linked Bonus

Cabinet
Cabinet approves Productivity Linked Bonus and non-Productivity Linked Bonus for 2019-2020

Posted On: 21 OCT 2020 3:24PM by PIB Delhi

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has given its approval to pay Productivity Linked Bonus (PLB)for the year 2019-2020 to 16.97 lakh non-gazetted employees of commercial establishments like Railways, Posts, Defence, EPFO, ESIC, etc. will be benefitted and the financial implication would be Rs.2,791 crore.

Non-PLB or ad-hoc Bonus is given to Non-Gazetted Central Government employees. 13.70 lakh employees would be benefited and Rs.946 crore will be the financial implication for the same.

A total of 30.67 lakh employees would be benefited by the Bonus announcement and total financial implication will be Rs 3,737 crore.

Payment of Bonus to non-gazetted employees for their performance in the preceding year is usually made before Durga Puja/ Dussehra season. The Government is announcing the Productivity Linked Bonus (PLB) and ad hoc bonus for its non-gazetted employees to be disbursed immediately.

Also check: FAQ on LTC Cash Voucher Scheme – LTC Fare for Central Government Employees during the Block 2018-21

PIB