3rd PRC for CPSE employees - leave rules recommendations

3rd Pay Revision for CPSE Employees – CPSEs would be allowed to frame their own leave management policies

3rd Pay Revision for CPSE Employees – CPSEs can  frame their own leave rules operational and administrative requirements subject to the principles

Leave regulations/management: CPSEs would be allowed to frame their own leave management policies and the same can be decided based on CPSEs operational and administrative requirements subject to the principles that:

a. Maximum accumulation of Earned Leave available are not permitted beyond 300 days for an employee of CPSE. The same shall not be permitted for encashment beyond 300 days at the time of retirement.

b. CPSEs should adopt 30 day’s month for the purpose of calculating leave encashment.

c. Casual and Restricted Leave will continue to be lapsed at the end of the calendar year.

16.Periodicity: The next pay revision would take place in line with the periodicity as decided for Central Government employees but not later than 10 years.

17. Financial Implications: Expenditure on account of pay revision is to be entirely borne by the CPSEs out of their earnings and no budgetary support will be provided by the Government.

 

Enter your email address to Subscribe for 7th CPC Latest Updates:

Delivered by FeedBurner

Activation email will be sent immediately to you. Don't forget to click the activation link.

 

Facebook

 
 

About Us

One stop news and information website for Latest Updates on Seventh Pay Commission 7th CPC.