Today the Union Cabinet Committee given its approval on PLB Bonus and Ad hoc Bonus for Central Government Employees for the year 2020
Bonus for Non-Gazetted Officers
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has given its approval to pay Productivity Linked Bonus (PLB) for the year 2019-2020 to 16.97 lakh non-gazetted employees of commercial establishments like Railways, Posts, Defence, EPFO, ESIC etc. will be benefitted and the financial implication would be Rs.2,791 crore.
Ad-Hoc Bonus Non-Gazetted Officers
Non-PLB or ad-hoc Bonus is given to Non-Gazetted Central Government employees. 13.70 lakh employees would be benefited and Rs.946 crore will be the financial implication for the same.
A total of 30.67 lakh employees would be benefited by the Bonus announcement and total financial implication will be Rs 3,737 crore.
Payment of Bonus Before Puja
Payment of Bonus to non-gazetted employees for their performance in the preceding year is usually made before Durga Puja/Dussehra season. The Government is announcing the Productivity Linked Bonus (PLB) and ad hoc bonus for its non-gazetted employees to be disbursed immediately.
If you’re retired during the financial year 2019-20 ended service with six months service then eligible for Bonus.
Is the bonus amount would be paid to an ex-army man also.