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Railway Bonus 2018 – PLB 78 Days will be declared Soon

Railway Bonus 2018 – PLB for 2017-18 equivalent to 78 days wages will be declared Soon to railway employees

Railway Board informed in its letter to the Two railway federations NFIR and AIRF that a meeting would be held on 7.8.2018 to finalize about the Productivity Linked Bonus for the Financial Year 2017-18 to be paid in current year 2018.

But so far, no Federation has revealed the out come of that meeting. But it is believed that there will be no change in the Bonus amount for this year 2018 also.

For 2015-16 the productivity-linked bonus (PLB) equivalent to 78-day wages was paid in 2016 to Railway Employees.

Read more at: https://www.gservants.com/

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Bonus (Ad-hoc bonus) Calculator for CG Employees

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. 7000 (where actual average emoluments exceed Rs. 7000), Non-PLB (Ad-hoc Bonus) for thirty days would work out to Rs. 7000×30/30.4=Rs.6907.89 (rounded off to Rs.6908/-).

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