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8/11/2019 Hr and Legal
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Human Resources&
Legal
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Different Policy /scheme
Officers/Employees
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Promotion Policy for Officers - 2006
Promotion Policy for Officers was first
introduced in February1990. The 1990 Policy was in place till 2006
2006 Policy replaced the 1990 Policy.
The Policy is applicable for promotion to allcadres up to and includin! "cale #$$ %&'(.
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SENIORITY AND SPAN OF PROMOTION:
Promotions to"cale #$ ) #$$are held within* &$P"+ member ,os. and &$, ta-en
to!ether based on a common seniority listfor "cale # ) #$ officers for all the fi/e
Other promotions within the company up to"cale # are based on all $ndia "eniority lists
of officers in"cale $ $$ $$$ ) $#cadres.
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#acancies are determined in each scale for e/ery
financial year on the basis of norms!uidelinesadopted by the companies from time to time based
on or!aniational needs.
Pro/ision $n the e/ent of sufficient number of /acancies not bein!
a/ailable in any particular scaleyear it may not be necessary to
conduct the promotional eercise for that particular scaleyear
3road criteria for promotion 4hile promotion to"cale#$ ) #$$is based on the sole criterion of'erit
the other promotions are held based on the /arious
criteria for measurin!merits and seniority.
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Elii!ility "n# $one of %onsi#er"tion: Sc"le &I ' &II
To become eli!ible for promotion to "cale #$ ) #$$minimum re5uirements are
Two full years of continuous ser/ice in the eistin! cadre.
Two full years of balance ser/ice remainin! beforeattainin! the a!e of superannuation.
owe/er the committee of ,'7s of &$P"+
,ompanies and &$, may decide the actual one ofconsideration for promotion by restrictin! the 8o. of
eli!ible officers to certain multiple of /acancies
andor up to a particular batch to which they belon!.
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Elii!ility "n# $one of %onsi#er"tion: () to Sc"le &
To become eli!ible for promotion up to "cale # cadresan officer should ha/e completed minimum : yearscontinuous ser/ice from the date of selection to thecadre as on :1st 'arch of the year prescribed.
owe/er the one of consideration for promotion wouldbe as follows
: timesthe 8o. of #ac. For rom. to "cale $$
: timesthe 8o. of #ac. For prom. to "cale $$$
* timesthe 8o. of #ac. For prom. to "cale $# )
; timesthe 8o. of #ac. For prom. to "cale #
Pro/ided all eli!ible officers belon!in! to same batchha/e to be included in the one consideration e/en if thetotal 8o. eceeds the abo/e proportion
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"creenin! $nter/iew for "cale #$ ) #$$
The officers included for promotion to "cale #$ ) #$$are re5uired to appear before a screenin! committeeof *; outside eperts in different fields which wouldsubmit their assessment recommendation to the
Promotion ,ommittee for final consideration.
4ritten Test for promotions up to the cadre of "cale#
e o er o cers empane e or promo on o/arious cadres up to scale # ha/e to appear for anonline test conducted by a professional eaminin!authority %li-e 8$+( and pass such test %5ualifyin!mar-s :; %:1.; for ", ) "T( out of 100( before bein!included in the further process of selection.
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Format for Examination for Promotion up to Scale - V
Promotion Type of Examination
$$$ 100? Ob@ecti/e
# 100? Ob@ecti/e
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Format for Examination for Promotion up to Scale - V
The ob@ecti/e type part of the Auestion Paper shall consistof B "ections namely%i( Fire and En!ineerin!
%ii( 'arine and +/iation
%iii( 'otor %O7 and TP(
%i/( 'iscellaneous %Other than 'otor +/iation andEn!ineerin!(
%/( Ceinsurance %Treaty Facultati/e and +ccounts(%/i( Finance %$ncludin! +ccounts $n/estment and $T(
%/ii(C %$ncludin! C > De!al(
The candidate shall be re5uired to choose any *out of thesaid B "ections.
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Format for Examination for Promotion up to Scale - VPromotion Type of Examination
$$$
#
There will be one positi/e credit for each correct
response and 1:rd ne!ati/e credit for each wron!
response in ob@ecti/e 5uestions.
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%riteri" forPromotion *) to Sc"le - &
4ritten Test :0? wei!hta!e forpromotion up to "cale $# and 2;?
wei!hta!e for promotion to "cale # is!i/en on the total mar-s obtained in the4ritten Eam.
$nsurance Aualifications2 mar-s for +$$$or +,$$ and ; mar-s for F$$$ or F,$$ are
allotted only for promotion to"cale $$ )$$$.8o mar-s are allotted for D$$$.
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%riteri" forPromotion *) to Sc"le - &
4or- Cecord 'ar-s are allotted on thethree parts of +nnual ,C as under for
different cadres and mean of total mar-s
allotted for lastthreeyears ,Cs are ta-en
as mar-s on wor- record.Part of )# Scale I to II Scale II to III Scale III to IV Scale IV to V
Trait 10 10 10 10
Performance 12.5 12.5 1*.5 1*.5+ro't,
Potential*.5 12.5 1*.5 1*.5
Total 30 35 %5 %5
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%riteri" forPromotion *) to Sc"le - &
"eniority For each completed year of ser/ice inthe eistin! scale beyond first three years the
mar-s on seniority are allotted as per followin!table Scale -ar"s for eac, complete$ -aximum -ar"s
year o ser& ce eyon
first 3 years
I to II 5 35
II to III 3 30
III to IV 3 25
IV to V 2 15
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%riteri" for Promotion *) to Sc"le - &
$nterse seniority0.01 mar- is addedin the ascendin! order startin! with0.00 for the last officer in the list of aparticular batch if there is more thanone batch in the one of consideration.
$nter/iew For promotion to "cale #the Promotion ,ommittee inter/iews
the candidates. 'aimum mar-s bein!1;.
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Promotion )ommittee
Promotion to"cale
,ommittee 'embers
#$ ) #$$ ,'7s of &$P"+ ,ompanies and &$,besidesone &o/t. of $ndia 8ominee.
# ,'7 of the company one 7irector onthe 3oard of the ,ompany &eneral
'ana!er %Pers.( one ","T
Cepresentati/e ) one outside epert.
$$ $$$ ) $# ,'7 of the ,o. two &'s of the ,o.
includin! &'%Pers.( and one ","T
Cepresentati/e.
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%riteri" for Promotion to Sc"le + &I ' &II
Empanelled officers after bein! screened by the"creenin!,ommitteeappear before thePromotion ,ommitteefor apersonal inter/iew. The committee after ta-in! intoaccount the assessment recommendations of the"creenin! ,ommittee o/erall merit suitability &rowthPotential len!th of ser/ice 5ualifications ser/iceeperience in /arious functional areas as may be assessedfrom appraisal records and personal inter/iew would drawa s o o cers se ec e or promo one5ua o e no. o/acancies which list would be published in order of interseseniority in the eistin! cadre This list%G 8o of /acancy(would be final. Promotion ,ommittee shall decide andissue postin! orders or where/er necessary &$P"+ shallforward to the central &o/t. to issue transfer orders as persection 22of the & $ 3usiness %8ationalisation( +ct 19B2.
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%riteri" for Promotion *) to Sc"le - &Promotion committee ta-es into consideration the mar-s
secured in /arious criteria %includin! the wei!hta!e onmar-s of 4ritten Test( by the empanelled officers whosucceed in the 4ritten Eamination and draw a list indescendin! order of a!!re!ate mar-s to the etent ofB;?
of the total no. of /acancies %fraction of 0.; and abo/ebein! ta-en as 1(for selection for promotion.
Thereafter the remainin! officers are reran-ed inescen n! or er o o a mar s ec u n! e mar s
obtained in 4ritten Test and from the top of the list no ofofficers e5ual tothe balance 2;? of the /acanciesare ta-ento constitute the other part of the promotion list.
3oth the lists are then amal!amated and the final select lista!ainst 100? /acancies is published in order of interseseniority in the eistin! cadre.
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Decl"r"tion of Promotions
)omplete list at one /o
No re&ie'
No contin/ency
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Special Pro&ision for S)ST
+s per the instructions recei/ed from timeto time from 7OPT &o/t. of $ndia. 8o
reser/ation is as yet made for ,lass $
Promotion.
ointin ut,orit for Promotion
)a$re ppointin/ ut,ority
Scale VI VII )-4
Scale IV V +-
Scale II III 4+-
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Effect of Supersession Officers superseded in
three consecuti/e promotional eercises shall notbe included in the one of consideration in in two
immediately succeedin! promotional eercises.
$n case of promotions up to "cale# an officer who has5ualified inthe 4ritten Testorapplied for bein! ecluded %only once(shall not be
deemed to ha/e been superseded for that eercise.
for bein! ecluded from the process of promotion shall not bedeemed to ha/e been superseded for that eercise.
Effect of Non!acceptance 4hen an officerdeclines to accept promotion such refusal shall
be recorded and ta-en into account while
considerin! hisher case for subse5uent 2 yrs.
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AMENDMENTS IN PROMOTION PO,I%Y FOR OFFI%ERS: (NE - 20..
$. Etended Eli!ibility of Officers 5ualifyin! in 4rittenTest
Officer shall ha/e the option of appearin! in the4ritten Test for the net : years Eercises
subse5uent to the one in which he has 5ualified forconsideration of his promotion and in the e/ent of his5ualifyin! the 4ritten Test the mar-s scored for the
consideration.%Cef ,ircular dated 2;0B12($$. Fast Trac- Promotions %Officers up to "cale $#(
The 3oard has appro/ed introduction of Fast Trac-
,hannel %FT,( Promotions w. e. f. the PromotionalEercise 20121: in addition to the already eistin!channel %H8ormal ,hannelI( with the followin!
pro/isions
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S O O O O % O O % S 20
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AMENDMENTS IN PROMOTION PO,I%Y FOR OFFI%ERS: (NE + 20..
/%ONT1
$$. Fast Trac- Promotions %Officers up to "cale $#(%,ont.(
%e($f officers 5ualifyin! the 4ritten Test are less than 02
times the number of /acancies the number of /acanciesshall be suitably reduced to ensure that the officers
a/ailable after 5ualifyin! the written test are not less
than twice the number /acancies.The /acancies so released as also any /acancy remainin!
unfilled under this ,hannel shall be added to the
/acancies a/ailable under 8ormal ,hannel for thatparticular cadre.
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AMENDMENTS IN PROMOTION PO,I%Y FOR OFFI%ERS (NE 20..
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AMENDMENTS IN PROMOTION PO,I%Y FOR OFFI%ERS: (NE + 20..
/%ONT1$$. Fast Trac- Promotions %Officers up to "cale $#(
%,ont.( %!(The allocation of mar-s under /arious parameters shall be
as follows
4ritten Test For e/ery mar- a score of 0.*0 shall beallotted.Aualification "cale $ ) "cale $$ Officers possessin! F$$$ or
4or- Cecord "hall be assessed throu!h the annual ,Cafter applyin! an appropriate factor so as to translate thescore from the 8ormal ,hannel le/el of wei!hta!e to theFast Trac- le/el.
$nter/iew $nter/iew ,ommittee%s( each comprisin! ofone &' as ,hairman 2 7&'s and one ","Trepresentati/e to be constituted by the ,'7 shallinter/iew candidates.
AMENDMENTS IN PROMOTION PO,I%Y FOR OFFI%ERS: (NE 20..
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AMENDMENTS IN PROMOTION PO,I%Y FOR OFFI%ERS: (NE + 20..
/%ONT1
$$. Fast Trac- Promotions %Officers up to "cale $#(%,ont.(
%h(The Promotion ,ommittee and +ppointin! +uthority shall be thesame as that for promotions under the 8ormal ,hannel.
%i( Promotion ,ommittee % Jthe ,ommittee( eamine the informationand also !i/e suitable wei!hta!e either plus or minus for theinconsistencies and or ea!!erated remar-s as may be obser/ed fromthe confidential reports wor- records of the officers concerned andfinalie the total mar-s.
%@(The ,ommittee shall thereafter ran- the Officers in descendin! ordere5ui/alent to the number of /acancies.
%-(The ,ommittee shall then forward the Promotion Dist to the+ppointin! +uthority.
%l(The +ppointin! +uthority for promotion shall cause simultaneouspublication of the Promotion Dists both under the 8, and the FT, toensure maintenance of interse seniority of the Promotees under boththe ,hannels.
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TRANSFER AND MOI,ITY PO,I%Y %,ASS I
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TRANSFER AND MOI,ITY PO,I%Y %,ASS IOb@ecti/es
To pro/ide opportunity in impro/in! competency selfde/elopment ) career path.
To !room up Officers for !ettin! hi!her ran-.
To achie/e o/erall Or!aniational !oals.
To ensure balanced manpower distribution for ,lient.
+pplicability
$t came into eistence since 1B102002.
+pplicable to all officials up to the ran- of "cale $#
8ot applicable to officials posted deputated to forei!noperation other Or!aniations ) in case of localtransfers%"ame office or same ,entre(.
TRANSFER AND MOI,ITY PO,I%Y %,ASS I
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TRANSFER AND MOI,ITY PO,I%Y %,ASS I
&eneral Ce!ulations
8ormal period of postin! %8PP( at a centre is ; yrs%,ontinuous Postin! in a particular centre in all cadres of,lass > $ ta-en to!ether(.
On completion of 8PP transfer from the eistin! place forscale $ ) $$ within T+, ones+d@oinin! states. For others
.
Transfer e/en before completion of 8PP by themana!ement on office ei!encies and ,7+#i!ilance ,ases.
Power of ,'7 to phase out such shiftin! from a centre on
len!th of postin! basis where no. is hi!h. This is done inaccordance with len!th of continuous postin! %Don!erPostin! > First to consider(.
TRANSFER AND MOI,ITY PO,I%Y %,ASS I
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TRANSFER AND MOI,ITY PO,I%Y %,ASS I
Ce/ol/in! Plan
Once transferred to a place other than onre5uest may be eli!ible for transfer to one of
the : places of choice after * yrs. sub@ect toa/ailability of /acancy ) replacement.
8ot to continue in a sensiti/e assi!nment%7eclared by ,'7( for more than : yrs.
"hiftin! to admin. side on completion ofcontinuous10 yrsas 7O3O in char!es. once shifteda!ain eli!ible for postin! as in char!es after: yrs.onadmin. side.
TRANSFER AND MOI,ITY PO,I%Y %,ASS I
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TRANSFER AND MOI,ITY PO,I%Y %,ASS I Ce5uest Transfers
8o re5uest ordinarily considered before completin! : yrs in
one centre. owe/er 3oard Personnel ) +dmin. ,ommittee of
the 3oard may consider etreme hardship cases before : yrs.
'a. 8o of Ce5uest Transfers %7urin! "er/ice( G : %To becounted from01.0:.1990(
Ce uest consideredafter ; rs. in one lace should not be
treated as Ce5uest Transfer. ,ases of "pouse @oinin! ) Physically handicapped may be !i/en
preferentialsympathetic consideration.
Officers posted in difficult areas %7eclared by ,'7( shall beconsidered for postin! one of : places of choice sub@ect to
/acancy.
$f nos. of re5uest is more than /acancy then the principle of H
Don!er the stay > First to be consideredI is applied.
TRANSFER AND MOI,ITY PO,I%Y %,ASS I
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TRANSFER AND MOI,ITY PO,I%Y %,ASS IOfficers due for retirement within 2 yrs.
8ormally not ,onsidered for transfer. 3ut re5uests for transfer to
their declared hometownsplace of choice may be considered
sub@ect to /acancy pro/ide no further transfer benefit shall be
allowedat the time of retirement.Transfer 3enefits
+ll benefits as per transfer rules ecept re5uest transfers under
T'P before : yrs.
Koinin! Time For Transfer
1( 8ormally :0 days or the date specified.
2( Further ma. eten. for :0 days on representation on merit of
the !round.
Power to modifyrela the pro/isions
4ith 3oard orPers. ) +dmin. ,ommittee of the 3oard. 3ut ,'7
may issue clarification in case of any doubt.
TRANSFER AND MOI,ITY PO,I%Y %,ASS I
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TRANSFER AND MOI,ITY PO,I%Y %,ASS I
,ompetent +uthority For Transfer
"l. 8o. ,ases Of Transfer ,ompetent +uthority
1
"cale $ to $$$ 4ithin Ce!ion
%+dministration "ide(
,oncerned ,C' L
O/erseein! Ee. and in his
absence &'%P(
"cale $ to $# 4ithin O $nter &'%P(L,oncerned &'
8ote For this purpose O is considered as separate CO.
2
.
O/erseein! Eecuti/e ofconcerned COs
:
"cale $ to $#
%4ith 'ar-etin! Function(
&'%P(L &'%'-t!.( L
O/erseein! Eecuti/e ofconcerned CO
* "cale # and abo/e ,'7
TRANSFER AND O ROTATION PO,I%Y %,ASS III ' I&
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TRANSFER AND O ROTATION PO,I%Y %,ASS III ' I&
Kob Cotation % 4ithin "ame Office ) "ame "tation (
+fter :years of continuous wor-in! in a particular 7eptt.liable for transfer to another 7eptt. of the same office
+fter ;years of continuous wor-in! in one office liable
for transfer to another office of same station%8umbershall not eceed 2;? ) 'inimum one transfer in thatoffice(
centre in all cadres of ,lass > $$$ ) $# ta-en to!ether.Ce5uest Transfers
,an be considered but not before completion of : years
at present place of postin! %,'7 may rela(.'a. 8o of Ce5uest Transfers %7urin! "er/ice( G :.
$f nos. of re5uest is more than /acancy then the principle
of H Don!er the stay > First to be consideredI is applied.
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IV
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IV&eneral Ce!ulation
Employees Cetirin! in : years Physicallyhandicapped %7isability N *0?( "ufferin! from ma@ordiseases %includin! spouse ) 7ep. ,hildren( not to be
transferred but liable for @ob rotation.+ll employees on promotion to be transferred %within
irrespecti/e of len!th of stay.Transfer e/en before completion of 'PP by the
mana!ement on office ei!encies.
7epartmentwise Officewise ) ,enterwise lists in descendin! order ofpostin! for each 7epartment Office "tation. Transfers from top of suchlists.
+llowances lin-ed to functions to be withdrawn on rotation.
8o special pro/ision for Office 3earers of
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1. T,e :nionssociation a("hould be an
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2. It s,all e a con$ition prece$ent t,at t,e :nion
ssociation
"hall abide by theJ,ode of ,onduct. Cepresentin! ,lass $ Officers includin! ","T
Officers up to and includin!"cale $#cadre only.
Cepresentin! ,lass $ Officers includin! ","T
Officersshall not appoint any Officerinchar!eofany Operatin!
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TE#-S )N4ITINS 6# )7E)8!66 E9E#)ISE
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%. T,e :nionssociation
"atisfyin! a minimum :0? %Out of total who
authories under chec-off system( representati/e
stren!th of a particular class may be called for
structured meetin! of the particular ,ompany %for
,ompany matters applicable to that ,lass( or &$P"+
%for common matters(. Cepresentin! ","T cate!ory and satisfyin! aminimum
:0? representati/e stren!th may be called for
structured meetin! of the particular ,ompany %for,ompany matters( or &$P"+ %for common matters( on
welfare matters relatin! to ","T.
TE#-S )N4ITINS 6# )7E)8!66 E9E#)ISE
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;. $n the unli-ely e/ent of none of the
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CO E BENEF!"O E BENEF!"
GENERAL INSURANCE BUSINESS
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Section 1( ;1
notification= frame one or more sc,emes pro&i$in/ for all or any of t,e follo'in/
matters!
;/< t,e rationali>ation or re&ision of pay scales an$ ot,er terms an$ con$itions of
ser&ice of officers an$ ot,er employees ',ere&er necessary
Section 1( ( ! T,e )entral +o&ernment ma notification a$$ to amen$ or
GENERAL INSURANCE BUSINESS
(NATIONALISATION) ACT, 1972 (57 OF 1972
&ary any sc,eme frame$ un$er t,is section.
Section 1*! ;1< T,e )entral +o&ernment may= y notification in t,e fficial+a>ette= frame one or more sc,emes for re/ulatin/ t,e pay scales an$ ot,er terms an$
con$itions of ser&ice of officers an$ ot,er employees of t,e )orporation or of anyac?uirin/ )ompany.
;3< T,e )entral +o&ernment may= y notification= a$$ to= amen$ or &ary any sc,eme
frame$ un$er t,is section.
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Pay "cales %3asic Pay in Cs.( ,lass $
"cale #$$ ;22101*00%2(;;0101;00%1(;6;10
16*0%1(;1;01B00%1(;9;0"cale #$ *66101*00%;(;:610
"cale # *16601200%:(*;2601:;0%2(*B960"cale $# :**601200%B(*260
"cale $$$ 2160*0%1(29000910%6(:**60
1200%*(:9260"cale $$ 2:120*0%B(29000910%6(:**60
"cale $ 1B2*0*0%1*(29000910%*(:26*0
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Pay "cales %3asic Pay in Cs.(,lass$$
4. . +ra$e I 121B;B;;%(121;B0%9(2;2:;20%2(26B;*0%*(
4. . +ra$e II Cs. 20;*0%:(990061;%*(12:60
Pay Scales (Basic Pay in Rs ):Class-III & IV
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Pay Scales (Basic Pay in Rs.):Class III & IV
A. Supervisory and Clerical Staff.
(1) Senior Assistant : 10670-755(4)-13690-840(15)-26290
(2) Stenographer : 10670-755(4)-13690-840(15)-26290
(3) Assistant, Typist, : 7640-440(1)-8080-480(2)-9040-540(5)
Telephone Operator, -11740-625(2)-12990-760(3)-15270-790(2)Telex Operator, Receptionist, -16850-840(5)-21050
,
Unit Record Machine Operatorand other equivalent posts(4) Record Clerk : 7085-305(2)-7695-325(5)
-9320-350(1)-9670-390(2)-10450-430(3)-11740-480(5)-14140-530(9)-18910
B. Subordinate Staff.(1) Driver : 7085-305(2)-7695-315(14)-12105
-350(2)-12805-390(9)-16315(2) Other Subordinate Staff : 6180-250(5)-7430-265(8)-9550-315(1)
-9865-325(2)-10515-390(9)-14025
Sta/nation increments )BSS C I ;:p to S) IV $ ) $$(
4ho reached the maimum of the scale of
pay sub@ect to satisfactory wor- record andis otherwise eli!ible for drawin! normal
.
For e/ery three completed years of ser/iceafter reachin! such maimum.
E5ual to the last increment drawn by him'aimum of :increments.
Sta/nation increments )BSS C II; $# Cs.1;0Per 'onth.
ENTERTAIN"ENT ALLOWANCE
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PDBE NB T 66I)E#S IN )7#+E 6 D4
3O $8 ,+C&E Cs.B;0Per 'onth.
. .
7E#. OFF$,EC %'( +s Per "cheme
PROVIDENT FUND(ALL CLASSES)
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In respect of Employees ',o Hoine$ t,e ser&ice
of t,e )ompany efore 01.0%.2010
10J of asic pay an$ personal pay= if any an$e ncremen componen o .
PENSION FUND CONTIBUTION(ALL
CLASSES)
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In respect of Employees ',o Hoine$ t,e ser&ice of t,e)ompany efore 01.0%.2010 ;+s Per &o/t. Order 7t.20.11.2012<
No )ontriution from Employees. 6or Employees ',o are /o&erne$ y t,e +eneral
Insurance ;EmployeesK< Pension Sc,eme= 1GG5= t,eK
respecti&e Pension 6un$s.
NEW PENSION SYSTE"/SCHE"E FUND (ALL CLASSES)
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In respect of Employees ',o Hoine$ t,e ser&ice of t,e)ompany after01.0%.2010 ;+s Per &o/t. Order 7t.20.11.2012<
Employees s,oul$ )ontriution 10J of asic Pay an$4.
E?ual amount of 10J of Dasic Pay an$ 4 s,all e
6un$s.
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Non # Core
Leave: General Principles Dea/e cannot be claimed as a matter of ri!ht
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Dea/e shall be a/ailed of only after sanction but one days ,.D. may bea/ailed of without prior sanction in case of unforeseen emer!ency
$n case of ei!encies of wor- the comp. authority may refuse re/o-e or
reduce lea/e
7urin! the period of lea/e an employee shall not ta-e up any ser/ice or
accept any employment
7urin! t e perio o suspension an emp oyee s a not e !rante any
lea/e. 8ot applicable for 7isciplinary Proceedin!s "undays and or holidays may be prefied and or suffied to any -ind of
lea/e but inter/enin! "undays andholidays are countedas a part of
lea/e % Ecept ,D (
"aturdays "undays restricted holiday and holidays whether inter/enin!
prefied or suffied shall not be counted as ,D
Leave: General Principles (Cont..) O/erstaybeyond the sanctioned lea/e may be treated as
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lea/e on loss of pay %DOP( Ecept when an employee is on DOP the increment fallin!
due durin! the period of lea/e shall be !ranted from thedue date
E/ery employee shall intimate to the competent authorityhis address while on lea/e and shall -eep him informedabout any chan!e in his address while on lea/e
E/ery employee will ha/e to obtain from the competentauthority permission of lea/in! head5uarter
+n employee on lea/e cannot return to duty before the
epiry of sanctioned lea/e ecept with the permission ofthe competent authority
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Types of Leave
1.,asual Dea/e 12 days %:01'in12'a;(. 3alance ,D
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remainin! unutilised as on :1st 7ec. eachyear shall lapse.Q day ,D can be allowed on
not more than 6 times in a calendar year
Cestrictedoliday
2 days %this can be selected by eachemployee from a list of Cestricted olidays
.
oliday not Dea/e2.Earned
Dea/e %ED(
::.211 days %111 "ans ED ) "D( 'a.
accumulation > 2*0 days. 'in 6 and
'a120. "horter duration ED for twooccasions in a calendar year may be
considered and beyond that only by ,C'
C '
Types of Leave
:."ic- Dea/e :0days on half pay Pre/.1year %"ans DOP(
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%"D( 'a. accumulation >2*0days%P(
*.'aternity
Dea/e
+pplicable to Female Employee ha/in!Dess
than :Di/in! children
'a10 da s each confinement
'a6 wee-sFor 'iscarria!e'a12 months entire ser/ice period.
;.Eamination
Dea/e%$ns.+ctuary
,+$,4+
'3+ etc.(
+pplicable to all empl. $ncl. probationer
,o/erday%s(of Eam)Kourney time
,D ED or DOP may be !ranted for the day%s(
between two eamination
Types of Leave
6."pecial "ic- 8ot eceedin! 6 months%half pay basis( on
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Dea/e any of the nine ma@or diseases of ,ancerDeprosy T.3. Paralysis 3rain Tumor ,ardiac
+ilment idney disease 'ental disease or
$#if no credit of "DB.Auarantine Presence of infectious disease in the
$f an employee himself is sufferin! from aninfectious disease no 5uarantine lea/e shall
be admissible
,holera "mall Po Pla!ue 7iptheria TyphusFe/er ,erebrospinal menin!itis and any
disease declared by state &o/. are
considered as infectious disease
Types of Leave
.+d/anced 4hen an employee owin! to !enuine sic-ness
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"ic- Dea/e accident is put on loss of pay the caseshould be forwarded to . O. for
consideration of sanction of +d/ance sic-
lea/e sub@ect to ad@ustment from futureaccrual of "D %'aimum 6 months(
.
ser/ice may be !ranted "tudy Dea/e for ma.one year%may be relaed( by ,'7'7 after
eecution of a bond if the same is beneficial
to the or!aniationThe period will be treated as H4ithout PayI
and no ser/ice and retirement benefit is
admissible
Types of Leave
10.+doption +llowed to childlessfemale employees for
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Dea/e le!ally adoptin! one child onlybelow 1
year a!e
'a period 2 months or till the child
reaches 1 year whiche/er is earlier
Dea/e for
Probationer
,D Proportionate for the year of @oinin!
ED shall accrue at the rate of one day for
e/ery ele/en days of duty
"D shall be credited at the end of the year
proportionately
Types of Leave
11.Dea/e on
f
'ay be !ranted when no other lea/e is
d
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Doss of Pay
%DOP(
due
The duration shall not eceed : months on
any one occasion and 6 months durin! the
entire period ser/ice
DOP for more than 10 days is a
misconduct as per ,.7.+. rules
8o salary is admissible durin! the period of
lea/e on DOP
The lea/e on DOP has the effect ofpostponin! the date of normal !rade
increment
+uthorised
+bsence from
1.
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7uty 2.
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7uty %,ont..( $nternational e/ent in sports%b( 'a 10 days in a year when the empl.
participates as a duly sponsored candidate
of the ,ompany in any important locale/ent in sports
days in a yearB. Employee thou!h willin! and fit to
attend office is pre/ented from attendin!
the office by the operation of law. 'a of 2; days in a year for participation
in the Cepublic 7ay parade at 8ew 7elhi
+uthorised
+bsence from
7 t %, t (
9. 1 day and period of @ourney to attend
the conference of the $$$
10 Th d t f lli t th l f
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7uty %,ont..( 10. The date of pollin! at the place ofresidence of empl to eercise franchise
11. The period spent on election duty
12. 1 day special lea/e on the day on whichEmpl. donates blood pro/ided they furnish
a cert cate rom t e oo an a
days per year
1:. Eser/ice men may be !ranted up to
1; days includin! @ourney time to appear
before the 'edical Cesur/ey board forassessment of their disabilities
+dmissible toconfirmed employeesposted in $ndia. +lso a/ailable
to $ndia based Officers posted abroad only durin! the period they
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to $ndia based Officers posted abroad only durin! the period theyare in $ndia on lea/e.Only once in a bloc- of two calendar years
either to ome Town or to any other place in $ndia only
%+mended 'entioned below (.Employee must be onany type of
sanctioned Dea/eincludin! "ic- Dea/e %,limate ,han!e( .3loc- Rear Odd to E/enfor Officers andE/en to Oddfor others
> > .
JFamily shall include spouse dependent children %le!itimate
le!ally adopted or step children( and dependent parents residin!
with the employee. J7ependant means earned income not
eceedin!'in. pension%:;00(L 7+%6;?(as per 6th pay commission
per month %ecludin! stipend or a scholarship !ranted foreducational purposes( .
Entitled 7istance Tra/el to home town actual distance from
place of postin! by shortest route.Tra/el to other place :000 -ms.
each way .
Entitle$ mo$e an$ )lass
OFF$,EC "cale $ to $$$ $$ +c "leeper 3y +ir%12;? of Cail fare for $$) $$$(
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OFF$,EC "cale $ to $$$ $$ +c "leeper 3y +ir%12;? of Cail fare for $$) $$$("cale $# 3y +ir%Economy ,lass( ) by Cail %$$ +c "leeper(
"cale # ) abo/e3y +ir%Economy ,lass( ) by Cail % +c $ ,lass(.
7E# OFF$,EC3y Cail other than Ca@dhani % $ ,lass or $$ +c "leeper (
3y Ca@dhani or 7urantoo %,hair ,ar or $$$ +, (.OTEC E'PDOREE" Pay N 0;; "ame as 7e/. Officer. For ,lass $$$
S 0;; 3 Cail $$ ,lass but$ ,lass or $$ + c "lee erother than Ca dhani
in case of 8i!ht Kourney .For,lass $# S 0;; 3y Cail %$$ ,lass( but
sleeper ,lass in case of 8i!ht Kourney .
Epenses on local transport or any other incidental epensesnot
payable.
,arry Forward of "ubsidy is restrictedto net bloc-only and partial
carry forward is not allowed.
Employee and his family may tra/el to!ether or separately in not
more than two!roups .
Kourney may be underta-en in employees JOwncon/eyance or in
hired ones $n case of hired Tai Toll Ta 8i!ht alt ) 7ri/er ,har!es
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hiredones. $n case ofhired Tai Toll Ta 8i!ht alt ) 7ri/er ,har!espayable.
$f return @ourney fallin! in thesucceedin! calendar year DT" shall
be rec-oned a!ainst the calendar year in which the outward @ourney
commenced. Officer transferred to8E Ce!ionmay be !ranted DT" to /isit the
.
$&ance !maimum 90? of the total subsidy. From 1;th +pril to
1;th Kune and 1st October to :0th 8o/ember e/ery year > 2 months
before ) rest of the year > 1 month before. "ubmission of claim for
reimbursement within 1; days of completion of inward Kourney.
The employeespromoted from the class$$$cadre can claim DT" fortheir remainin! bloc-%s( in the prepromoted cadre up to the end of
the eli!ible bloc-. Thereafter the employee will be eli!ible to a/ail of
DT" as per ,lass$ cadre .
Manner of applying distance to Officers entitled to Air Travel:1. Reimbursement of full air fare for 3000 kms. (economy class) of surface
distance each way for one block subject to the ceiling of twice air fare of Air India
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distance each way for one block subject to the ceiling of twice air fare of Air Indiafor Delhi-Trivandrum route.2. For employees posted in North East: When an officer undertakes journey byair in full or part, the distance covered by air shall be the aerial distance. Thebalance journey by any other mode, shall be calculated as per the surface rail
distance of the entitled class by train or actual expenditure, whichever is less.3.(a) Where the surface distance between the place of origin of journey and thedestination is within 3000 kms. but no direct flight is available, the officer shall be
allowed travel by the shortest air connectivity available in that sector if in suchcases aerial distance does not exceed 3000 kms.(b) If an officer travels by other than air modes only then the reimbursement wouldbe limited to train fare of eligible class for 3000 kms. of surface distance or actualamount spent whichever is less.
(c) Where an officer travel partly by other entitled modes, reimbursement shall be -Full air fare for distance traveled within the permissible limit of 3000 kms. by aireither onward and / or return journeys plus (ii) Actual expenses limited to the farefor the entitled class by train for the balance distance traveled. The order ofreimbursement would be first for the distance traveled by air irrespective of theorder of air travel.
1. 6or class III IV= 4e&elopment fficers= an$ fficers not
entitle$ to tra&el y ir
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entitle$ to tra&el y ir+ll confirmed employees will be allowed Forei!n DT". For one
bloc-. The entitlement per eli!ible person shall be two times
the entitled class fare for :000 -ms or actual epenses incurred
whiche/er is less. 4hen the bloc-s are clubbed they will be
entitled for twice the permissible amount.
2. 6or fficers entitle$ to ir tra&el
The officials are allowed to underta-e Forei!n DT". for onebloc-. The entitlement per eli!ible person shall be two times
the economy class air fare for :000 -ms. %on the basis of surface
distance( by +ir $ndia on domestic route i.e. 7elhiTri/andrumroute. 4hen the bloc-s are clubbed they will be entitled for
twice the permissible amount mentioned abo/e.
General Clarifications:
1 The ta liability shall be borne by the employees themsel/es
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1. The ta liability shall be borne by the employees themsel/es.2. Tra/el should be by shortest route from the place of postin! and
the fare will be limited to his eli!ibility in $ndia as per this rules or
the actual fare whiche/er is lower.
:. $n case of employees officers a/ailin! themsel/es of either
"in!le 3loc- or two bloc-s for Forei!n DT" only one trip to
amount of the rail fare air fare if any will lapse.*. Forei!n @ourneys performed by "hip are admissible within the
o/erall entitlement.
;. Passport #isa char!es are not payable.
6. +ir > port ta is payable within the o/erall ceilin! on productionof tic-et receipt.
Note$
l'ays t,e Pea" Season 6are of #ail'ay may e rec"one$ for t,is purposeL irrespecti&e of
t,e season in ',ic, t,e Hourney is un$erta"en. T,e increase$ limits 'ill also e effecti&e for BTS for
un!a&aile$ pre&ious loc" years as 'ell as for cominin/ t,ereof 'it, current loc" years.
Encashment of ED maimum up to 1; days
may be a/ailed of in a bloc- of two calendar
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may be a/ailed of in a bloc- of two calendar
years and the lea/e account shall be debited.
3loc- Rear E/en to Odd ,urrent 3loc- year is2012 > 1:
Permitted only oncein a bloc- of two years.
The bloc- cannot be carried forward.
Period of earned lea/e enchased shall count
for the purpose of accrual of Earned lea/e.
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$f after payment the 7earness +llowance for the
period is altered it will be necessary torecalculate the encashment amount and topay
.
+/ailable to $ndia based Officers posted abroad
only durin! the period they are in $ndia on lea/e
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only durin! the periodthey are in $ndia on lea/e."alary for the purpose would be the salary he
would drawin $ndia at that point.
Thesalaryfor the purpose of encashment shall
pay%if any( and other allowances as mentionedhereunder
7+ C+ ,,+ "+ Paradeep Port allowance
"pecial +rea allowance and $ncrementportion Fied Personal +llowance% FP+ ( alon!
with 7+ thereon as on 01.11.199:.
TC+#EDD$8& +DT$8& +DDO4+8,E O8 TO
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4efinition of eac, complete$ Hourney The epressioneach completed @ourney shall mean that the @ourney iscompleted when an employee reaches the net place of
duty. $f two or more @ourneys are complete on the samecalendar day from midni!ht to midni!ht all such
@ourney.
Bocal )on&eyance Expenses,lass $+ctual %3y Tai"hareTai(OTEC"+ctual %3y +utori-shaw 3us Docal Trains(sub@ect to maimum100? of altin! +llowance at J, class
city rate for one day for each completed @ourney.8o local con/eyanceepenses shall be allowed to employeeson tour for proceedin! from the place of stay at the tourstation to the office or first place of duty and /ice/ersa.
TC+#EDD$8& +DT$8& +DDO4+8,E O8 TO
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for each completed @ourney.
Others Employees+ctual sub@ect to a maimum 100? of + %class
J, cities( for each completed @ourney.
#eimursement of Drea"fast ),ar/esOfficers+ctual standard brea-fast char!es reasonably incurred at
the same hotel.
Other Employees "tandard brea-fast char!es reasonably incurred at
the same hotel sub@ect to within the limit of the lod!in! char!es.
Treatment of lea&e on tour
, D +llowed without + and fare for return @ourney also allowed.
"ic- Dea/e or any lea/e on sic-ness !round +llowed without + andfare for return @ourney also allowed.
E D Tour comes to an end and no return @ourney
fare allowed.
-o$e )lass of Tra&el ;T:# +ctual sub@ect to ma.60 5uintalsby !oods train.
"cale$# to #$$> +ctual sub@ect to ma.90 5uintals .3y road up to 2000 's > Cs. 1.*0 tonne -m and beyond
ms s. . onne m
P)8IN+ )7#+ES"cale #$ ) #$$ 2;00 "cale $# ) # 100 and "cale $ to $$$ 1;00
6#W#4IN+ )7#+ESCs.;00 at each end
D+++E INS:#N)E ;ll ris" -arine Transit
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8on entitled Officer +ctual fuel char!es for shortest route.
Entitled officer transferred to administrati/e side will become nonentitled officer
and /ice /ersa. PET NI-BSTransportation cost of pet animals is not payable.
colle!e at the pre/ious place Cs. 60per month is payable from the
date of @oinin! at new place to the end of the academic year.
owe/er officers posted at 8E Ce!ion%"e/en "tates( will be paid for the entire
period of their postin! in 8E Ce!ion if family is left at pre/ious place.
7BTIN+ BBWN)E IN BIE: 6 7:SIN+ ))--4TIN +for :0 days%not necessarily first :0 days(as per tour rule ecludin!lea/e or tour. Paid only to officers who need accommodation as- forthe same but the company cannot pro/ide within :0 days.
T#NS6E# DENE6ITS 6# )lass III IV
T#VEBBIN+ E9PENSES "ame as officers.
ININ+ TI-E "ame as officers.
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SE)N4 T#IP "ame as officers not a/ailable on
re5uest transfer F+,$D$T$E" O8 TC+8"FEC
DSI)P O 1%*(5 G3(( ! 1%*(5 Q G3(5. T#NSP#T E9PENSES
$. 4$T F+'$DR %3R &OO7"
TC+$8(
30A
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Personal Dease %in rare cases( may be considered.
6 months ad@ustable rent ad/ance may be allowed in fa/our of the Dandlord
7eduction from salary 1.20?of the 3asic Pay at the lowest of the scale as'onthly licence Fees ) C+ not to be paid.
may be considered 3ut this will not apply in case both the spouses i.e usband4ife
bein! employees of the ,ompanyP"< $nsurance Ce$nsurance ,ompanies posted at thesame station.
,ompetent +uthority
a( For O 7&'%P( b(Other Places Ce!ion > in > ,har!e
c( retention as per rule in case of transfer &'%P(W6months or end of net+cademic year which is later. Further etension allowed based on circumstances X
Carpet Area entitlement(Officers)Scale I & II - 75 Sq. m, III & IV 100 Sq. m, V 125, VI 150, VII 200
With Effect From: 01/01/2013Cadre Metro City A Class City B Class C Class
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y y
City City
Scale I & II (other than
Branch I/C)
12000 9000 5400 3950
Branch Manager 12600 9600 5700 4200
Scale III & IV (other
than SDM)
14400 10800 6400 5050
SDM 15600 11400 6900 5700
Scale V 15600 11400 6900 5700
Scale VI * * * NA
Scale VII * NA NA NA
*For Scale VI & VII: 125% limit of Scale V for respective class of City
Kashmir Migrants Employees
Metros A Class
Cities
B Class
Cities
C Class
Cities
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Cadre Carpet
Area
InSq. ft.
Revised
Limit
Revised
Limit
Revised
Limit
Revised
Limit
r. ss
/
Steno
Assistant 300 - 450 5000 3300 2500 1950
RC 250 - 350 4000 2650 2000 1500
Sub-
Staff
200 - 250 3000 2000 1400 1100
Metros A Class Cities B Class Cities C Class Cities
Cadre Carpet Area
In
Revised Limit Revised Limit Revised Limit Revised Limit
Senior Assistants/Stenos Transferred onPromotion
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In
Sq. ft.
Sr.Asstt
/ Steno
600 6000 4000 3000 2500
Employees Posted at Rourkela Project TownCadre Carpet Area In Sq. ft. Revised Limit
Sr.Assistant / Steno 600 2270
Other Clerical Staff 350 - 450 1815
Sub-Staff 250 - 350 1360
Society Maintenance Charge: Subject to production of receipts. Rourkela town will
be treated as C class city as a special case.
Metros A Class Cities B Class Cities C Class Cities
1000 800 600 300
TEDEPO8E F+,$D$TR FOC OFF$,EC";uarterly ;6inancial ear
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Scale-I & II AOs(D) & AMs(D). *6600 3000 6000 15600
Officer-In-Charge
of BO/DO
6600 3000 7200 16800
Scale III & IV with *6600 3000 7200 16800
+pplicable where facility has been pro/ided in terms of Para 6 pa!e no. 11 of
Part $$ Personnel 'anual. W1 for 7O * for CO ) 10 for OX
mar et ng ass gnment at RO HO
Scale IV (Admn.)6600 3000 Nil 9600
Scale-V excluding CRM 7500 3000 12000 22500
CRM/ Scale VI & VII Actual Actual Actual Actual
Regional underwriters below
Scale V
Nil 3000 7200 10200
Other Officers performing
special duties
*6600 Nil Nil 6600
TEDEPO8E F+,$D$TR FOC OFF$,EC"%,ont..(
,ost of handsets are allowed to "cale # ) #$ sub@ect to
limit of Cs.1;000 plus taes.The life of a handset is considered as : years and after that
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The life of a handset is considered as : years and after that
a new handset may be pro/ided.
$n case the handsets are lostdama!ed within : years theamount reco/ered from the insurer would be utilied for
pro/ n! anot er an set.
Cetirin! officers may be allowed to retain the handset onpayment of the /alue of the handset after reduction of
depreciation M ::? per year.
Officers on transfer may be allowed to ta-e away theeistin! handset to the new place if he is entitled for
mobile phone facility in the new assi!nment.
TEBE)--:NI)TIN 6)IBIT 6# 4EV. 66I)E#7alf yearly ;6inancial ear
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p ! y % (
S 1; la-hs 6600
1; la-hs to 2; la-hs B;002; la-hs to :; la-hs 000
:; la-hs to ;0 la-hs 10000
;0 la-hs to B; la-hs 1*000
B; la-hs to 100 la-hs 1B000
100 la-hs to 12; la-hs 20000
TEBE)--:NI)TIN 6)IBIT 6# 4EV. 66I)E# %,ont..(7alf yearly ;6inancial ear
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12; la-hs to 1;0 la-hs 21;00
1;0 la-hs to 200 la-hs 2:000
.
$n addition to abo/e 7.O. procurin! a minimum premium of Cs. 100
lacs in J, Cs.12; lacs in J3 ) Cs.1;0 lacs in H+I ,lass cities shall be
allowed $nternet epenses %Dandline or 7ata ,ard or 3oth( ofCs.;000 per annum %plus ".T.(.
8E4"P+PEC ) PEC$O7$,+D" FOC OFF$,EC" +87
7E#EDOP'E8T OFF$,EC"
alf yearly%,alendar Rear( reimbursement on declaration
b i f ffi d l b i f 7 l Offi
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basis for officers and yearly basis for 7e/elopment Officers.
,+TE&OCR Per 'onth Dimit $n Cs.
Officer
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yPromotee Officers (from Class-III) would be entitled on a pro rata basis
from the 1
st
day of the month following their date of promotion.Similarly, recovery on pro rata basis if already paid in Class-III cadre.
Direct Recruit Officer ma be aid Pro rata from the date of oinin ,
only after confirmation.
For 7e/. Officers%Kanuary to 7ecember E/ery year(3asic S Cs. 2;2:; Cs. ;000 Payable in 7ecember
3asic GN Cs. 2;2:; Cs. 000 Payable in 7ecember
For ,lerical ) "ub. "taff %Kuly to Kune E/ery year(Cs. *000 Payable in Kuly
Diagnostic Medical CheckupPayable to officers in the cadre of "cale $# ) abo/eand the
amount reimbursable is 'a. Cs. 2000 per chec-up.
8 b f ' di l h - d
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8umbers of 'edical chec-ups are as under
+&E &CO
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6or Specifie$ 4isease only ;t Present 2F nos. *.; Dacs $# ) # ;.; Dacs and #$) #$$ > B.; Dacs.%EFact. Price L'a 2;? etra(
< i d ; ft hi h it ill b
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1 6:00
2 6B00
Conveyance Scheme - 2011):
* B900; :00
TOT+D :6;00
$n addition to the abo/e yearly limits ser/ice char!es
M Cs.1000! per year s,all e payale.
D#IE6 )SE 6# 66I)E#S4EV.66I)E#S
Eli!ibility Officer who has to fre5uently carry
office papers outside the office premises foroffice wor-
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Fre5uency 'ay be replaced after : years if
duties re5uire the same.
>
7&'&' Other Officers > Ce!ional $n ,har!e )7e/. Officer > 7i/isional $n ,har!e
Dady Officers 7e/. Officers %entitled( may be
allowed cost of Dadies hand ba!s.
)4#E ENTITB-ENT IN)B:4IN+ T9;#s. $( B.;0 %7e/. &r > $(
"cale $$$ B.*; .;;$$$ .2; 9.B;
$## .;0 9.;0
#$#$$ 9.00 11.00
"econd Doan 7iff. 3etween "cheme loan a/ailed and
present scheme loan eli!ibility %twice in ser/ice(
Refundable/Non-refundableLoans from Provident Fund:
1(Cefundable Doan 'aimum 6 times%For 'arria!e ) for other occasion :
months( of 3asic Pay L 7+ L FP+ %basic( L "pl F + M
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months( of 3asic Pay L 7+ L FP+ %basic( L "pl. F.+.M
interest 1? more than the interest paid by Trust perannum on reducin! balance.
Cepayable in * installments %maimum( for marria!e
purpose. For other purpose maimum 2* installments.2(8onrefundable Doan +fter 10 yrs. of ser/ice ) 'a. 2 times in ser/ice career
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y p p !
town and declared by the ,entral"tate &o/ernment
ecludin! those who ha/e obtained reliefad/anceloan
y u c .
"hould be applied to the ,ompetent +uthority inprescribed form within : months of the occurrence of
the flood.
+certificateas prescribed is re5uired for sanction.
"hall be reco/ered in 2; installments startin! from
fourth monthfrom the month the loan is !ranted.
FESTVAL ADVANE
$nterest free ad/ance shall be !ranted only to the confirmed
whole time employeesecludin! employees"er/in! outside $ndia
+!ainst whom disciplinary proceedin!s are instituted or contemplated
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+!ainst whom disciplinary proceedin!s are instituted or contemplated
who has already drawn a festi/al ad/ance durin! the calendar year+!ainst whom reco/ery of the pre/ious festi/al ad/ance is outstandin!
uantum
,lass $ Cs.20000 or1 month !ross salarywhiche/er is less,lass $$$$$$# Cs.1B000 or1 month !ross salarywhiche/er is less
Ce!ular PT" 1 months 3asicL 7+%On pro rata basis(orCs. ;00
whiche/er is less.+d/ance shall be repaid in 10 monthly installments and
disbursednot more than se/en daysprior to festi/al date.
Two wheeler:
i) Rs. 75,000/- for Cl-I & Rs.50,000/- forDev.Off (Admn.) & CL-III & IV (maximum)
Vehicle Loan:
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ii) No. of installments 60iii) Minimum eligibility 3 yrs. & can be
a en me n ass- ca re mes n
Class-I cadreiv) Reimbursement of Ins. premium by the
Company during loan recovery period.
v) Rate of interest 5% p.a. on reducingbalance
Vehicle Loan:(Cont..)
Four wheeler:
I) Non-entitled Scale III & IV are entitled to this facility
up to Rs. 4.5 lacs and for Scale I & II up to 2.5 lacs.
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II) Eligibility: Min. Service Length 5 Yrs
III) No of repayment installment 120
IV) Rate of interest :
a) For Scale III & IV: 5% p.a. on reducing balanceb) For Scale I & II: 5% p.a. on reducing balance for
first 1 lac and rest with 7.5% p.a.
V) Reimbursement of Insurance premium by theCompany during loan recovery period.
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!erminalBenefits
&ratuity payable to an employee shall be the maimum
payable under the +ct or as per the "cheme whiche/er ishi!her.
Under Act:
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Under Act:
4a!es%3asicL7+LPrere/ised FP+L7+ on FP+ ( 1;26 8o.of yrs. of continuous 5ualifyin! ser/ice sub@ect to ma. of
Cs.10 lacs.%w.e.f. 2*.0;.2010(
+s Per "cheme For 1; years and abo/eFor ,lass > $ ) $$Dast drawn basic pay %includin! Prere/ised
FP+( Y 1; L %;0? of last drawn basic pay Yno. of yrs. of
ser/ice beyond :0 years(For ,lass > $$$ ) $#% Dast drawn 3asic Y 1; ( L % Dast drawn
3asic Y Q Y 8o. of years of "er/ice in ecess of 1; years(
sub@ect to maimum last drawn 3asic Y 20
&C+T
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6PR4 on6P < x 152( x
Cetirement.
;4eat, certificatealon/ 'it, +ratuity
$$( +s Perpara :0%1(
Cetirement.
owe/er. .
continuous
?ualifyin/ser&ice=
suHect to
max. of #s.10
lacs
=
re?$. to e sent. In
asence of +ratuitynomination form=
succession
certificate 'oul$ e
necessary for
settlement of
+ratuity same
as mentioneda!ainst 7eath
yrs
1: yrs B0?
1* yrs 0?
1; yrs 100?
For ser/ice of 1;
yrs. +nd abo/esame as
retirement
&ratuity is
payableafter
minimum
of ; yearsof ser/ice
Dea/e Encashment
The balance of earned lea/e due to the credit of
an employee may be encashed sub@ect tomaimum of 2*0 days.
Retirement Death Vol.
Retirement
Resignation(90 Days Notice
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(90 Days Notice
Period)
Period)
3asic L 7+ L "ame as "ame as 8ot eli ible
Pre Ce/ised
FP+ L 7+ on
FP+%+s on
0111199:(
Cetirement
LC+
%$f 7rawn( L
,,+ L "+L
"pecial +rea
+llowance
Cetirement
for
Encashment
PE8"$O8 ",E'E 199;
Retirement Death Vol.Retirement
Resignation
Pension Formula
;0? of last 10 months
a/era!e basic pay L Pre
"ame as
retirement.
% 'i 10
"ame as
Cetirement
%U d
%$ncludin!
7ismissal
Cemo/al
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a/era!e basic pay L Pre
re/ised FP+ %3asic Part only(Y 8o. of yrs. of ser/ice ::
% 'in. 10
year5ualifyin!
%Under para
30-8otionalbenefit of
Cemo/al
Termination,ompulsory
u pens on s a m ss e on
completion of :: yrsof
ser/ice(
Employee Can commute max.
1/3 of the basic pension within
1 yr of retirement otherwise
Medical Examination required
(Restored after 15 yrs).
In case of commutation DA is
payable on full Basic pension.
ser/ice not
applicable (
ser/ice up to
fi/e yearsup
to :: yrs. of
ser/iceup
to
retirement
date
whiche/er is
earlier(
re remen
8ot eli!ible
for pension.
PE8"$O8 ",E'E > 199; %,ont..( :BI6IN+ SE#VI)E 'in 10yrs. $ncludes
probation lea/e trainin! and DOP on medical !round
not eceedin! 12 months durin! entire ser/ice.3ro-en period of ser/ice more than 6 monthsshall betreated as one year.
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y
44ITIN T :BI6IN+ SE#VI)E +n employeeshall add to his ser/ice for superannuation pension ;
which his a!e at the time of recruitment eceeds2
years whiche/er is less if the post to which he isappointed is one of the followin!
a(For which post!raduate researchspecialist 5ualification eperience inscientific technolo!ical or professional field is essential.
b(To which candidates of more than 2 years are normally recruited.
c(For which candidate was !i/en a!e relaation on account of possessin!hi!her 5ualification or eperience.
,D+""E" OF PE8"$O8 S:PE#NN:TIN PENSIN &ranted to employees who
has retired on his attendin! a!e specified in the scheme.
PENSIN N VB:NT# #ETI#E-ENT&ranted toemployees who has completed 20 years of ser/ice andapply to the competent authority to retire by !i/in! noticeof not less than 90 days
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of not less than 90 days.
Aualifyin! ser/ice will be increased up to fi/e yearsup to:: yrs. of ser/iceup to retirement date whiche/er isear er.
INVBI4 PENSIN&ranted to employees who retires fromser/ice on account of bodily or mental infirmity sub@ect to10 years of 5ualifyin! ser/ice.
)-PSSINTE BBWN)E&ranted to employees
who is dismissedremo/ed terminatedcompulsorilyretired as a special consideration by ,.+. and maimum2:rd of pension is payable.
F+'$DR PE8"$O8 Payable to spouse%till death( or son%up to 2;yrs or
handicapped(or dau!hter%unmarried up to 2;yrs or
handicapped(in case of death of an employee %'inimum
10 yrs 5ualifyin! ser/ice not re5uired(.
D ll d d hild l i l d id d
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De!ally adopted children are also entitled pro/ided
adopted le!ally before retirement.
ate o pens on may e or or epen n!
upon the scale of pay. 3ut if the employee has ser/ed not less than B yrs then
the rate of family pension will be ;0? of the pay or twice
the family pensionadmissible %whiche/er is less( asmentioned abo/e for a period of B yrs or up to the a!e of
6; yrs of the employee had he sur/i/ed.
PE8"$O8 > &E8EC+D ,O87$T$O8 +n applicant who retires on$n/alid pensionor in receipt
of,ompassionate allowanceshall be eli!ible tocommute
a fraction of pension after he has beendeclared fitby the
'edical officer appro/ed by ,ompany.
Pension is sub@ect to future !ood conduct
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Pension is sub@ect tofuture !ood conduct.
There is a pro/ision of minimum pension pro/isional.
$f the ,ompany wants to initiate 7isciplinary +ction
a!ainst a pensioner who is no lon!er in the ser/ice of the,ompany it should be donewithin * years from the date
of misconduct.
Ceco/ery of pecuniary loss from the pension shall notordinarily made eceedin! 1:rd of pension admissible on
the date of retirement sub@ect to minimum pension.
&roup $nsurance "cheme
&roup $nsurance "cheme%Ta-en from D$,$( is
in lieu of Employees 7eposit Din-ed $nsurance"cheme %E7D$"( 19B6 under the Employees
Pro/ident Fund ) 'isc Pro/ision +ct 19;2
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Pro/ident Fund ) 'isc. Pro/ision +ct 19;2
with D$,$ %4ithdrawn w.e.f. 01019(.
Payable toall classesof employees.
,o/ers benefits arisin! out of death onlywhilst on ser/ice.
+mount payable is Cs. :1000 %w.e.f.
010200B(
&roup Personal +ccident Policy
&P+ Policy co/ers all full time permanent employees a!ainst
accidental bodily in@ury resultin! in to death or disablement on 2*hours basis with etension of reimbursement of medical epenses.
,apital "um $nsured%,"$( is :6 times of monthly basic salary or Cs.: 00 000 whiche/er is less% ,ir 8o > 1*2001 dated 12102001(
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:00000 whiche/er is less% ,ir. 8o > 1*2001 dated 12102001(
4eat, )SI
Boss of 2 Bims= 2 Eyes or 1 Bim 1 Eye )SI
Boss of 1 Bim or 1 Eye 50J of )SI
Permanent Total 4isalement )SI
Permanent Partial 4isalementSpecific J of
)SI
&.".D.$.P. $n case of untimely death of employee family members
are protected by this "cheme from Cs.110000 to Cs.B
lacs. as per the 3asic salaryPD
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B;? of the deposit alon! with interest is payable after
accordin!ly sta!ewise premium deducted from the
salary. Cenewal date is 20th 8o/ember of each year but the
premium is deducted fromOctober"alary.
Only Dife co/er Premium will be deducted fornew recruitsfrom the date of @oinin!and full premium fromOctober
salary.$f @oined inOctober then full premium from @oinin!.
Basic Pay (Rs.) Category REVISED
Life Cover Monthly Contribution by
employees towards
&.".D.$.P.%,ont..( For Officers
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Life Cover
Premium
Savings Total
49411/- & ABO!" 7.0 Lacs #$% %' $($
35661/- TO 49410/-"" 5.6 Lacs #)# )) ('%
25451/- TO 35660/-""" 4.2 Lacs * '% )'
17240/- TO 25450/-" 2.8 Lacs $( #( '$+
Basic Pay (Rs.) Category REVISED
Life Cover Monthly Contribution by
employees towards
&.".D.$.P.%,ont..( For 7e/. Officers
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employees towards
Life Cover Savin s Total
Premium
25451/- TO 32755/-""" 4.2 Lacs * '% )'
13691/- TO 25450/-" 2.8 Lacs $( #( '$+
8280/- TO 13690/- 2.0 Lacs %, #%# #**
Basic Pay (Rs.) Category REVISED
Life Cover Monthly Contribution by
employees towards
&.".D.$.P.%,ont..( For ,lass $$$ ) $#
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p y
Life Cover Savings Total
rem um
25451/- TO 35660/- """ 4.2 Lacs * '% )'
13691/- TO 25450/-" 2.8 Lacs $( #( '$+
7391/- TO 13690/- 2.0 Lacs %, #%# #**
B!LO- 7390/-" 1.1 Lacs '$ ,* #+%
&."D.$.P.%,ont..(Retirement Death Vol.
Retirement
Resignation
&"D$P claim
form; is to be
sent to O
"ame procedure
with death
certificate ) P F
"ame as
Cetirement
"ame as
Cetirement.
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sent to O
Pers. 7eptt.
certificate ) P.F.
nomination Form
information
i.e. eitreference
chan!e of
cate!ory dateof entry
is to be sent.
+.T.I.S. $n case of untimely death of employee family
members are protected by this "cheme fromCs.110000 to Cs.B lacs. as per the 3asicsalary.
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The employee opted for Pension and &T$" areentitled to this benefit.
Cenewal date is 1st 7ecember of each year but
the premium is deducted from8o/ember"alary. 8ew recruits are co/ered from 1st of the month
followin! their confirmation andPremium must
be deducted from the salary of the month oftheir confirmation.
Basic Pay (Rs.) Category Sum Assured Monthly Premium
+.T.I.S.;)ont..