Saturday, October 13, 2018

Grant of Ad-Hoc Bonus for 2017-18 | Finmin Orders

Grant of Ad-Hoc Bonus for 2017-18 | Finmin Orders

Grant of Non-Productivity Linked Bonus (Ad-hoc Bonus) to Central Government Employees for the year 2017-18

The Department of Expenditure has published the order for granting Non-Productivity Linked Bonus (Ad-hoc Bonus) to all Central Government Employees for the year 2017-18.

Ad-hoc Bonus (Non-Productivity Linked Bonus) eligible for all employees in Group ‘C’ and all Non-Gazetted employees in Group ‘B’, who are not covered by any PLB Scheme.

The calculation ceiling for payment of Ad-hoc Bonus under these orders shall be monthly emoluments of Rs.7000 as revised from April, 2014.

To illustrate, taking the calculation average emoluments exceed Rs.7000, Ad-hoc Bonus for 30 Days would work out to Rs.7000 x 30 / 30.4 = 6907.89 (rounded off to Rs.6908).

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