Bonus Order for EPFO Employees 2020 | Bonus for EPFO Employees | PLB Bonus for EPFO Employees

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.

Also Read: Grant of Non-Productivity Linked Bonus (ad-hoc bonus) to Central Government Employees for the year 2019-20 (DoE Order on 21-10-2020)

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.

Central Government Holiday List 2025 PDF

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.

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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