Railway declares PLB for 78 days with new ceiling.

29 Sep

The President has now decided that the calculation ceiling of monthly emoluments for the purpose of payment of PLB shall be revised to Rs. 7000 w.e.f: 01.04.2014 i.e. for the accounting year 2014-15. Therefore, payment of PLB for the financial year 2014-15 to all eligible non-gazetted Railway employees (excluding all RPF/RPSF personnel) would be based on the wage calculation ceiling of Rs. 7000/- per month i.e. where wages exceed Rs. 7000/- per month, Productivity Linked Bonus will be calculated as if ’wages’ are Rs. 7000/- p.m.


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