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Saturday, 5 November 2022

Productivity Link Bonus (PLB) calculation

PLB start on 1.4.1977   ????

Wage 750 (subject to the condition that only those drawing pay upto 1600 are eligible PLB) (25 days)

PLB enhanced from 750 to 2500 (25 days) check?

PLB enhanced from 2500 to 3500 w.e.f. 01.04.2006 (73 days)

PLB enhanced from 3500 to 7000 w.e.f. 01.04.2014 (78 days)

 

Railways were the first departmental undertaking of the Government of India wherein the concept of PLB was introduced in the year 1979-80. The main consideration at that time was the important role of the Railways as an infrastructural support in the performance of the economy as a whole. In the overall context of Railway working, it was considered desirable to introduce the concept of PLB as against the concept of Bonus on the lines of 'The Payment of Bonus Act -1965'. Even though the Payment of Bonus Act does not apply to the Railways, yet the broad principles contained in that Act were kept in view for the purpose of determining the "Wage/Pay Ceiling", definition of 'Salary'/'Wage', etc. The PLB Scheme for the Railways came into force from the year 1979-80 and was evolved in consultation with the two recognized Federations namely, All India Railwaymen's Federation and National Federation of Indian Railwaymen and with the approval of the Cabinet. The scheme envisages a review every three years.


Basis: Payment of Bonus Act, 1965 

Indian Railways was the first dept of the Govt - introduced the concept of PLB in the year 1979-80 

Covers – All Non Gazetted Railway Personnel (except RPF/RSPF) 

Normally paid before Dusshera / Puja holidays 

Minimum Bonus - 8.33 % of the Salary 

Maximum Bonus - 20 % of the salary 

Output for a year is reckoned by the 

Equated NTKM Equated NTKM = Total Goods Revenue NTKM plus Non suburban PKM (converted by a factor of 0.076) plus Suburban PKMs (converted by a factor of 0.053) 

Input - Total Non-gazetted staff strength (excl: RPF/RPSF staff) increased by the incremental increase/decrease in Capital (Average of 3 years) during the year. 

The wage/salary calculation ceiling - Rs. 7000 per month – PLB payment 

Bonus for 1977 is taken as 25 days.

Any excess or decrease over it by each 2250 Million NTKM of Revenue earning traffic will increase or decrease the Amount of Bonus by a Day. 

If index of production falls below 90, no bonus shall be paid for the year. 


                     

                            Eligibility limit (Wages Rs. Per Month)         Calculation ceiling

1. 1965                 Rs. 1600                                                            Rs.750 (25 days)

2. 1985                 Rs.2500                                                             Rs. 1600 (25 days)

3. 1995                 Rs. 3500                                                             Rs. 2500 (25 days)

4. 2007                 Rs. 10000                                                           Rs. 3500 (73 days)

5. 2016                 Rs. 21000                                                           Rs. 7000 (78 days)


PLB calculation for the year

Bill Unit No.

 

 

 

 

Employee No.

 

 

 

Name of  the Employee

 

Designation

 

Bank Account No.

 

 

Reference No.

 

 

Date

 

 

 

 

 

Month   and      Year

Basic Pay Drawn

Full Salary Days

Half Salary Days

No Salary Days

Compu-tation Ceiling

Eligible Amount    for  P.L.B.

Apr-00

5000

30

0

0

7000

7000

May-00

5000

31

0

0

7000

7000

Jun-00

5000

30

0

0

7000

7000

Jul-00

5000

31

0

0

7000

7000

Aug-00

5000

31

0

0

7000

7000

Sep-00

5000

30

0

0

7000

7000

Oct-00

5000

31

0

0

7000

7000

Nov-00

5000

30

0

0

7000

7000

Dec-00

5000

31

0

0

7000

7000

Jan-00

5000

31

0

0

7000

7000

Feb-00

5000

28

0

0

7000

7000

Mar-00

5000

31

0

0

7000

7000

(1)    Total   Eligible   Amount   for   PLB   in  a  Year

84000

(2)    No. of Days  for  P.L.B.   Payment

78

(3)    Calculated  P.L.B.

84000

 x 78/365

17951

(4)    Net  P.L.B.  Amount  is  payable

17951

(5)    Certified these charges have not been paid before and will not  be paid hearafter.

(6)    Vetted Drawn Particulars with Service Record is forwarded for audit & Payment.

(7)    Service Record may be returned to concerned establishment section please.


 








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