Grant of Non-Productivity Linked Bonus (ad-hoc bonus) to Central Government Employees for the year 2011-12

No 7/24/2007/E III (A)
Government of India
Ministry of Finance
Department of Expenditure
E III (A) Branch

 

New Delhi, the 5th October, 2012

 

OFFICE MEMORANDUM

 

Subject: - Grant of Non-Productivity Linked Bonus (ad-hoc bonus) to Central Government Employees for the year 2011-12.

 

The undersigned is directed to convey the sanction of the President to the grant of Non-Productivity Linked Bonus (Ad-hoc Bonus) equivalent to 30 days emoluments for the accounting year 2011-12 to the Central Government employees in Groups 'C' and ‘D’ and all non-gazetted employees in Group ‘B’, who are not covered by any Productivity Linked Bonus Scheme. The calculation ceiling for payment of ad-hoc Bonus under these orders shall continue to be monthly emoluments of Rs 3500/-, as hitherto. The payment of ad-hoc Bonus under these orders will also be admissible to the eligible employees of Central Para Military Forces and Armed Forces. The orders will be deemed to be extended to the employees of Union Territory Administration which follow the Central Government pattern of emoluments and are not covered by any other bonus or ex-gratia scheme.

2. The benefit will be admissible subject to the following terms and conditions:

(i) Only those employees who were in service as on 31.3.2012 and have rendered at least six months of continuous service during the year 2011-12 will be eligible for payment under these orders. Pro-rata payment will be admissible to the eligible employees for period of continuous service during the year from six months to a full year, the eligibility period being taken in terms of number of months of service (rounded off to the nearest number of months).

 

(ii) The quantum of Non-PLB (ad-hoc bonus) will be worked out on the basis of average emoluments / calculation ceiling whichever is lower. To calculate Non-PLB (Ad-hoc bonus) for one day, the average emoluments in a year will be divided by 30.4 (average number of days in a month). This will thereafter be multiplied by the number of days of bonus granted. To illustrate, taking the calculation ceiling of monthly emoluments of Rs.3500 (where actual average emoluments exceed Rs.3500), Non-PLB (Ad-hoc Bonus) for thirty days would work out to Rs. 3500x30/30.4=Rs.3453.95 (rounded off to Rs 3454/-).

 

(iii) The casual labour who have worked in offices following a 6 days week for at least 240 days for each year for 3 years or more (206 days in each year for 3 years or more in the case of offices observing 5 days week), will be eligible for this Non-PLB (Ad-hoc Bonus) Payment. The amount of Non-PLB (ad-hoc bonus) payable will be (Rs.1200x30/30.4 i.e.Rs.1184.21 (rounded off to Rs.1184/-). In cases where the actual emoluments fall below Rs.1200/- p.m., the amount will be calculated on actual monthly emoluments.

 

(iv) All payments under these orders will be rounded off to the nearest rupee

 

(v) The clarificatory orders issued vide this Ministry’s OM No.F.14 (10)—E.Coord/88 dated 4.10.1988, as amended from time to time, would hold good.

 

3. The expenditure on this account will be debitable to the respective Heads to which the pay and allowances of these employees are debited.

 

4. The expenditure incurred on account of Non-PLB (Ad-hoc Bonus) is to be met from within the sanctioned budget provision of concerned Ministries/Departments for the current year.

 

5. In so far as the persons serving in the Indian Audit and Accounts Department are concerned, these orders are issued in consultation with the Comptroller and Auditor General of India.

Admit Card for the IPO Examination 2012 scheduled to be held on 13th & 14th October, 2012

Click here to download Admit Card for the Inspector Posts Examination 2012 scheduled to be held on 13th and 14th October, 2012.

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UPU News:-Posts must exploit untapped potential for financial inclusion

An estimated one billion people are currently banked through the postal network, but despite having the largest number of contact points in the world, Posts are underused for financial inclusion, according to new research by the Universal Postal Union.

Fifty-one postal operators worldwide held 1.6 billion savings and deposit accounts in 2010. With the average postal client holding an estimated 1.5 accounts, this brings the number of people banked through the Post to more than one billion, according to the research presented at the 25th Universal Postal Congress in Doha.

With 660,000 contact points in the world, Posts and their financial subsidiaries come only second to banks in their potential to contribute to financial inclusion. There are 523,000 bank branches and ATMs in the world, according to the International Monetary Fund.

“The postal network offers tremendous potential for fostering financial inclusion,” says Alexandre Berthaud, one of the report’s authors. “If only 51 Posts offering savings accounts can bank a billion people, then the remaining postal operators of the UPU’s 192 member countries, especially strongly populated ones such as Nigeria, Russia, Mexico, Ethiopia and Colombia, could easily provide a gateway to financially include at least 500 million unbanked people directly or through partnerships with banks.” 

The report recalls that several hundred million people also use the Post to make and receive domestic and international transfers or pay government or utility bills, whether or not they hold a postal savings account.

Providing a global panorama on postal financial inclusion, the research identifies five main categories of business models Posts use to provide financial services and key issues for them to keep in mind when providing such services or moving into more complex financial services. The report finally recommends how postal operators could progressively offer financial services.

New growth opportunities

Congress, the UPU’s supreme authority, last week adopted a resolution urging member countries to continue developing financial services. It recognized their value for contributing to the UN Millennium Development Goal of reducing poverty, as well as helping the growth of small and medium-sized businesses.

Financial services accounted for almost 12% of global postal revenues worth 304 billion dollars, according to 2011 UPU statistics. In several countries, such as China, India, Gabon, Tunisia, Bangladesh, Italy, Azerbaijan, Belarus and Burundi, postal financial services produce more than 50% of the Post’s revenues.

With the decline of letter-post volumes, financial services offer new growth opportunities for postal services, and they are gaining ground as Posts consider strategies to diversify the business. 

A Post’s success in implementing financial services depends on 10 key issues, including connectivity, financial capacity, automation, trust, and the existence of a legal and regulatory framework, among others, states the report.

Using capacity, automation and legal and regulatory framework as the three key indicators for success and giving them a specific weight, UPU researchers developed a success factor index and global ranking of countries evaluated. According to this global ranking, Morocco comes out on top as the developing country with the most potential for providing financial inclusion, followed by Serbia, Belarus, Malaysia, Indonesia, Tunisia, Kazakhstan, Brazil, China and Namibia closing the top 10.

The UPU hopes the index will be used to inspire Posts and governments to utilize the postal network as a facilitator of financial inclusion.

MEMORANDUM SUBMITTED BY THE POSTAL JOINT COUNCIL OF ACTION (NFPE & FNPO) TO SECRETARY DEPARTMENT OF POSTS, NEW DELHI ON 01.10.2012