Search Employees News

Government Employee News - Rules, O.Ms & Orders

Govempnews.com is for Central Government Employees News, Orders, O.M. also latest updates on various rules, DoPT Orders, Finance Ministry Orders, MoD Orders, 7th Pay Commission News, Pay Matrix, Promotion, LTC, Allowances for Central Government Employees, Autonomous Bodies, Pensioners, Railway Employees, Defence Personnel

Proforma for re-imbursement of Children Education Allowance
View
Certificate from Head of Institution for CEA re-imbursement
View
Self Declaration for CEA re-imbursement
View
GPF Interest Rate w.e.f. 01.04.2018
View
CAT Ernakulum Bench Order regarding fixation of pay in the merged pay scale of 5000-8000 and 5500-9000 with 6500-10500 (5th CPC) in Pay Band-2 + Grade Pay 4200
View
Fixation of pay on promotion equivalent to the person who joined the post afresh
View

Wednesday, 17 October 2018

PL-Bonus: EPFO Employees to get 60 days Productivity Linked Bonus for 2017-18

with 0 Comment

PL-Bonus:  EPFO Employees to get 60 days Productivity Linked Bonus for 2017-18

Through Web Circulation Only

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)/2017-18/PLB/13218                                                                      Date: 15.10.2018


All Addl. CPFC (HQ/Zones),
Addl. CPFC (ASD), Head Office
Director (PDUNASS) 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 2017-2018.

Madam/Sir,

The Central Government has conveyed its approval to the existing Productivity Linked Bonus Scheme for the year 2017-2018 for the employees of EPFO vide MoL&E letter No A-26022/1/94-SS.1 (Pt) dated 12th October, 2018.
[post_ads]
2. Accordingly, the competent authority is pleased to convey the approval for payment of the Productivity Linked Bonus for the year 2917-2018 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 25.09.2018. The payment of bonus is to be released to all Group ‘C' and Group ‘B’ (Non-Gazetted) employees of EPFO.

3. The terms and conditions governing payment of P.L.B. will be as per the instructions issued by the Ministry of Finance O'.M. No. 7/24/2007/E.III(A) dated 08.10.2018 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, as given in above letter:-

= (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." 
(This issues with the approval of Central P.F. Commissioner).

Yours faithfully,

(Jag Mohan)
Addl. CPFC (HQ)-Finance
PL-bonus-2017-18-for-epfo-emp



Source: https://www.epfindia.gov.in/site_docs/PDFs/Circulars/Y2018-2019/WSU_PLB_13218.pdf


https://facebook.com/govempnews/
https://feedburner.google.com/fb/a/mailverify?uri=blogspot/jFRICS&loc=en_US
https://twitter.com/govempnews/

Related Post

0 comments:

Post a Comment