Bonus Order for EPFO Employees 2020
Employees’ Provident Fund Organisation
(Ministry of Labour & Employment, Govt. Of India)
Head Office Bhavishya Nidhi Bhawan, 14-Bhikaiji Cama Place, New Delhi-1 10066
No. WSU/25(1)/2018-19/ PLB
Date: 22.10.2020
All Addl. CPFC (Zones),
RPFC-I (ASD), Head Office &
Director (PDNASS) and
All Regional P.F. Commissioners-Incharge of Regional Offices.
Sub: Declaration of Productivity Linked Bonus (P.L.B.) for the employees of the EPFO for the year 2019-2020.
Sir/ Madam,
The Central Government has conveyed its approval to the existing Productivity Linked Bonus Scheme for the year 2019-2020 for the employees of EPFO vide letter No A- 26022/1/94 -SS-1 (Pt) dated 22nd October, 2020.
2. Accordingly, the competent authority is pleased to convey the approval for payment of the Productivity Linked Bonus for the year 2019-2020 for 60 (Sixty) days in all the offices of EPFO. The bonus of 60 days has been assessed on the basis of data/ information submitted by the Zonal Offices in compliance to Head Office letter dated 07.10.2020. The payment of bonus is to be released to all Group ‘C’ and Group ‘B’ (Non-Gazetted) employees of EPFO.
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3. The quantum of bonus may be assessed as per the following formula:-
(AVERAGE EMOLUMENTS) X (NUMBER OF DAYS OF BONUS)
30.4*
(* Average number of days in a month)
4. The expenditure incurred for payment of bonus may be debited from the budget head “Productivity Linked Bonus.” It may be ensured that Bonus is disbursed as per eligibility.
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5. This has approval of Central P.F. Commissioner.
Yours faithfully,
sd/-
(Rajiv Bisht)
ACC (WSU) /Link
Click to View: EPFO Bonus Order 2020 pdf download
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