Bonus 2012-13 - Calculation of Bonus

BONUS 60 DAYS. ORDERS ISSUED-GDS CEILING RAISED TO Rs.3500/-                                                BONUS 60 DAYS. ORDERS ISSUED.                                                GDS CEILING RAISED TO 3500  DEPARTMENT OF POSTS ISSUED ORDERS FOR PAYMENT OF 60 DAYS BONUS TO POSTAL   EMPLOYEES INCLUDING GDS. BONUS CEILING FOR GDS ALSO RAISED TO 3500.   NFPE CONGRATULATES ALL THE POSTAL & RMS EMPLOYEES AND ALSO OTHER CENTRAL GOVERNMENT EMPLOYEES WHO CONDUCTED SERIES OF AGITATION INCLUDING STRIKE FOR ENDING THE BONUS DISCRIMINATION TOWARDS GDS ( 3500 / 30.4* 60 = 6908) BONUS ORDERS -60 DAYS BONUS FOR ALL DEPT & GDS WILL GET Rs 6908 FOR THOSE WHO PARTICIPATED ONE DAY STRIKE WILL GET --RS 6889 FOR THOSE WHO PARTICIPATED TWO DAY STRIKE WILL GET-- RS 6848

Bonus will be calculated on the basis of the following formula:- Average emoluments X Number of days of Bonus 30.4 (Average no. of days in a month)

The term “Emoluments” for regular Departmental Employees includes basic Pay in the pay Band plus Grade Pay, Dearness Pay, Personal Pay, Special Pay (Allowance), S.B.Allowance, Deputation (Duty ) Allowance, Dearness Allowance and Training Allowance given to Faculty Members in Training Institutes.

“ Average Emoluments” for regular Employees is arrived at by dividing by twelve ,the total salary drawn during the year 2012-13 for the period from 1.4.2012 to 31.3.2013, by restricting each month’s salary to Rs.3500/- (Rs. Three Thousand Five hundred only) per month . However, for the periods of EOL and Dies-Non in a given month, proportionate deduction is required to be made from the ceiling limit of Rs.3500/- (Rs. Three Thousand Five hundred only)

In case of those regular employees who were under suspension, or on whom dies- non was imposed ,or both, during the accounting year, the clarificatory orders issued vide Paras 1 & 3 respectively of directorate  order No. 26-8/80-PAP (Pt-I) dated 11.6.81 and No. 26-4/87-PAP (Pt.II) dated 8.2.88 will apply.

For  GDS In respect of Gramin Dak Sevaks who were on duty throughout the year during 2012-2013, Average monthly Time Related Continuity Allowance will be calculated taking into account the Time Related Continuity Allowance (TRCA) plus corresponding Dearness Allowance drawn by them for the period from 1.4.2012 to 31.3.2013 divided by 12 (Twelve).  Ex-Gratia payment of Bonus may be calculated by applying the Bonus formula as mentioned below:- Average TRCA X Number of days of Bonus 30.4 (Average no. of days in a month)

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