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Friday, December 25, 2015

Rounding off of a fraction of a rupee in regulation of additional pension – MoD Order on 23.12.2015

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Rounding off of a fraction of a rupee in regulation of additional pension – MoD Order on 23.12.2015

In cases the pension/family pension of old pensioners has been fixed/revised without rounding off the additional pension, in those cases also, the additional pension may be rounded off in the next higher rupee hereinafter. However, no arrears for the period from 1.1.2006 on account of such rounding off would be paid in those cases.

AIRF has demanded Payment of Arrear of Productivity Linked Bonus paid to Railwaymen for the year 2014-15

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AIRF has demanded Payment of Arrear of Productivity Linked Bonus paid to Railwaymen for the year 2014-15

Payment of Arrear of Productivity Linked Bonus to Railwaymen for the year 2014-15

The Payment of Bonus (Amendment) Bill, 2015 was introduced in Lok Sabha by the Minister of State for Labour and Employment, Mr. Bandaru Dattatreya, on December 7, 2015. The Bill seeks to amend the Payment of Bonus Act, 1965. AIRF has demanded an Arrear on PLB for FY 2014-15.



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