• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

Govtempdiary

Govtempdiary is a prominent source of news for Central government employees

  • Home
  • Aicpin
  • Recent Post
  • DA From July 2023
  • Pay Matrix
  • Dopt orders
  • Recent Govt Orders
  • DA News


Pay Matrix7th Pay Commission Calculator
Dopt Order 2023Recent govt order
8th Pay commission NewsMACP Calculator
Gratuity CalculatorKV Fees Online
CGE Holiday 2023 PDFCGHS Rate list PDF
AicpinDA From July 2023

EPFO Employees to Receive Productivity Linked Bonus for 2021-2022

January 27, 2023 Eliza

In a letter from the EPFO (Employees’ Provident Fund Organization) Head Office, the Central Government has approved the existing Productivity Linked Bonus Scheme for the year 2021-22 for the employees of EPFO. The approval allows for the payment of the Productivity Linked Bonus for the year 2021-22 for 60 days in all offices of EPFO, with a maximum amount of Rs. 13816. The bonus has been assessed on the basis of data submitted by the Zonal Offices and will be paid to all Group ‘C’ and Group ‘B’ (Non-Gazetted) employees of EPFO. The terms and conditions governing the payment of the bonus will follow the instructions issued by the Ministry of Finance, and the expenditure incurred will be debited from the Budget Head “Productivity Linked Bonus.” This letter has the approval of the Central P.F. Commissioner.

Declaration of Productivity Linked Bonus (P.L.B.) for the employees of the EPFO for the year 2021-22

EPFO, HEAD OFFICE
MINISTRY OF LABOUR & EMPLOYMENT. GOVERNMENT OF INDIA :

BHIKAIJI CAMA PLACE, NEW DELHI 110066

No. WSU/ 25(1)/ 2003/ PLB/ Vol.II/ 1577

Date: 25.01.2023

TO
All ACC(HQ)s Zones
All ACC(Zones and Regional offices),
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 2021-22.

Ref: Head Office Letter No: WSU/25(1)/2003/PLB/Vol.II/11575 dated 19.10.2022.

Sir/Madam,

In continuation of the earlier letter under reference, the Central Government has conveyed its approval to the existing Productivity Linked Bonus Scheme for the year 2021-22 for the employees of EPFO vide letter No 11-5/2018-E.III(A)(2895394/22) dated 05.01.2023.

  1. Accordingly, the competent authority is pleased to convey the approval for payment of the Productivity Linked Bonus for the year 2021-22 for 60 (Sixty) days in all the offices of EPFO subject to maximum of Rs. 13816 Thirteen thousand eight hundred and sixteen only). 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 12.08.2022. The payment of bonus is to be released to all Group ‘C’ and Group ‘B’ (Non-Gazetted) employees of EPFO.
  2. The terms and conditions governing payment of P.L.B. will be as per the instructions and other terms & conditions issued by the Ministry of Finance O.M. No.7/24/2007/E.III (A) dated 18.10.2021 for payment of bonus. 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)

  1. The expenditure incurred for payment of bonus may be debited from the Budget Head “Productivity Linked Bonus.” after making necessary transfer entries against the advance drawn earlier.
  2. This has approval of Central P.F. Commissioner.

Yours faithfully,

(V. Ranganath)
ACC (WSU)

Source: www.epfindia.gov.in

Declaration of P.L.B. for the employees of the EPFO

Download

Share this:

  • Email
  • Tweet
  • WhatsApp

Related

Filed Under: CGE Latest News, EPFO NEWS, plb bonus, Recent govt orders January 27, 2023

Primary Sidebar

CALCULATORS

  • Expected DA Calculator from July 2023
  • 7th pay commission calculator [updated]
  • Salary Hike Calculator for Government Employees
  • Promotion/MACP Option form Calculator
  • Next MACP Calculator
  • 7th Pay Commission Pension Calculator
  • GPF Interest Calculator 2022-23
  • Age Calculator
  • Gratuity Calculator
  • HRA Exemption Calculator

Pay Matrix

  • Defence Personnel
  • MNS Officers
  • Tamil nadu
  • Rajasthan
  • Odisha
  • Gujarat
  • Haryana
  • Jharkhand
  • Madhya Pradesh
  • Nagaland
  • Tripura
  • Uttrakhand
  • Assam
  • Bihar
  • CSD Car Price List 2023
  • Maruti CSD Car Price
  • afd.csdindia.gov.in login

Secondary Sidebar

Recent Posts

  • Important Updates on Taxation and Reporting for Charitable and Religious Trusts
  • Resolving Delays in the Payment of Retirement Benefits
  • SPARSH Implementation for Defence Civilian Pensioners & Vigilance Clearance
  • Extended Child Adoption Leave for Female Government Servants
  • SOP for Hiring Accommodation for EPFO Offices

Footer

Copyright© 2010–2023

Central Government Employees News - Govtempdiary